labour market segmentation and differing retirement arrangements
abstract
labour market segmentation theory was developed as an
explanation for ongoing poverty among some groups of people.
according to this theory, the problem is in the structure of the
work world, rather than in individual characteristics. the
research in this paper examines the relevance of this theory for
retirement arrangements. an investigation of 154 retirement
arrangements within 132 companies, and interviews with 486
retirees, yielded evidence that there are differences not only in
the resulting pension amounts, but also in the types of plans,
and the terms therein, offered to workers, by segment. thus, the
segmentation that began in the labour force is extended into
retirement. as well as making a contribution to labour market
segmentation theory by providing empirical evidence of the
differences in retirement arrangements for the various segments,
this study offers an alternative method for the
operationalization of the segments.
collections
- retrospective theses [1604]