115 lines
3.7 KiB
YAML
115 lines
3.7 KiB
YAML
abstract: 'Purpose - The purpose of this paper is to use the theoretical and
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empirical pension literatures to question whether employers are likely
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to gain any competitive advantage from degrading or eliminating their
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employees'' defined benefit (DB) pensions.
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Design/methodology/approach - Critical literature review, bringing
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together and synthesizing the industrial relations, economics, social
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policy, and applied pensions literature.
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Findings - DB pension plans do deliver a number of potential performance
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benefits, most notably a decrease in turnover and establishment of
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longer-term employment relationships. However, benefits are more
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pronounced in some conditions than others, which are identified.
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Research limitations/implications - Most of the analysis of pension
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effects to date focuses primarily on DB plans. Yet, these are declining
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in significance. In the years ahead, more attention needs to be paid to
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the potential consequences of defined contribution plans and other types
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of pension.
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Practical implications - In re-evaluating DB pensions, firms have tended
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to focus on savings made through cost cutting. Yet, this approach tends
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to view a firm''s people as an expense rather a potential asset. Attempts
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to abandon, modify, or otherwise reduce such schemes has the potential
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to save money in the short term, but the negative long-term consequences
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may be considerable, even if they are not yet obvious.
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Originality/value - This paper is topical in that it consolidates
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existing research evidence from a number of different bodies of
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literature to make a case for the retention of DB pension plans, when,
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in many contexts, they are being scaled back or discarded. It raises a
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number of important issues for reflection by practitioners, and
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highlights key agendas for future scholarly research.'
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affiliation: 'Harcourt, M (Corresponding Author), Univ Waikato, Waikato Management
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Sch, Dept Strategy \& Human Resource Management, Hamilton, New Zealand.
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de Thierry, Ebony; Harcourt, Mark, Univ Waikato, Waikato Management Sch, Dept Strategy
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\& Human Resource Management, Hamilton, New Zealand.
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Lam, Helen, Athabasca Univ, Fac Business, Ctr Innovat Management, St Albert, AB,
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Canada.
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Flynn, Matt, Newcastle Univ, Sch Business, Newcastle Upon Tyne NE1 7RU, Tyne \&
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Wear, England.
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Wood, Geoff, Univ Warwick, Warwick Business Sch, Coventry CV4 7AL, W Midlands, England.'
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author: de Thierry, Ebony and Lam, Helen and Harcourt, Mark and Flynn, Matt and Wood,
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Geoff
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author-email: mark@waikato.ac.nz
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author_list:
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- family: de Thierry
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given: Ebony
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- family: Lam
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given: Helen
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- family: Harcourt
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given: Mark
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- family: Flynn
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given: Matt
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- family: Wood
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given: Geoff
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da: '2023-09-28'
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doi: 10.1108/ER-02-2013-0020
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eissn: 1758-7069
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files: []
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issn: 0142-5455
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journal: EMPLOYEE RELATIONS
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keywords: 'Organizational performance; Performance; Commitment; Economic crisis;
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Pensions; Terms and conditions of employment'
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keywords-plus: 'OCCUPATIONAL PENSIONS; LABOR-MARKET; RETIREMENT; INCOME; PORTABILITY;
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MANAGEMENT; COMMITMENT; TENURE; WORK'
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language: English
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number: '6'
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number-of-cited-references: '74'
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orcid-numbers: 'Wood, Geoffrey/0000-0001-9709-1823
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Flynn, Matt/0000-0003-4566-9464'
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pages: 654-673
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papis_id: 4bb66380960171183d5f9965817f98d7
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ref: Dethierry2014definedbenefit
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researcherid-numbers: 'Wood, Geoffrey/ABA-5274-2020
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'
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times-cited: '7'
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title: 'Defined benefit pension decline: the consequences for organizations and employees'
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type: article
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unique-id: WOS:000343322800004
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usage-count-last-180-days: '0'
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usage-count-since-2013: '18'
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volume: '36'
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web-of-science-categories: Industrial Relations \& Labor; Management
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year: '2014'
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