Employment of the older worker: An industrial and social problem. - Page 162 |
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a t th e p r e s e n t tim e , government i s n o t
allow ed to do so. |
3* I f government w ants in d u s t r y t o r e l a x age
r e s t r i c t i o n s , i t should f i r s t r e l a x i t s
own; age d i s c r i m i n a t i o n p r a c t i c e s in i t s
c i v i l s e r v ic e jobs do n o t c o n tr ib u te t o
th e employment of o ld e r w o rk ers, nor a re
th e s e p r a c t i c e s w arran ted i n a p u b lic s e r v
ic e . F u rth erm o re , government could
i n t e g r a t e i t s c i v i l s e r v ic e p en sio n system
w ith t h a t of th e S o c ia l S e c u r ity so t h a t
when a c i v i l s e r v ic e employee q u i t s or
lo s e s h i s jo b , he could c a r r y h i s p en sio n
c r e d i t s w ith him i n t o p r i v a t e in d u s tr y .
4. I f government w ishes in d u s tr y t o keep men
a f t e r th e age of s i x t y - f i v e employed f o r
th e sake of s o c i e t y and the men th e m se lv e s,
i t would be re a so n a b le t o assume t h a t i
in d u s t r y alo n e could n o t su p p o rt th e grow- !
ing numbers of aged w orkers whoee product
i v i t y i n most ca se s has f a l l e n . Thus, |
in d u s t r y f o r i t s v e ry e x is te n c e would have
t o d is c a r d them u n le s s f i n a n c i a l or o th e r
forms of in c e n tiv e would be a v a il a b l e t o
in d u s t r y t o compensate i t f o r th e in c re a s e d
c o s ts in c u rr e d by th e lower p r o d u c ti v i t y
of th e aged w o rk ers. Thus, government,
r e p r e s e n tin g s o c i e t y , could su p p o rt
i n d u s t r y as i t i s now su p p o rtin g a g r i c u l - !
t u r e by g iv in g i t a f i n a n c i a l su b sid y . I n j
t h i s r e s p e c t , Sumner H. S l i c h t e r of Harvard'
U n iv e r s ity su g g e sts t h a t f o r every y ear
beyond th e age of s i x t y - f i v e t h a t th e
employer r e t a i n s th e w orker, he might be
g iv en a s u b s id y of o n e - fo u rth of th e annual
wages of th e w orker. Thus, th e employer
would have an in c e n tiv e t o keep w orkers
who were w orth a t l e a s t t h r e e - f o u r t h s of
t h e i r wages. This su b sid y could be !
fin a n c e d out of th e S o c ia l S e c u r it y Fund, j
because by ex ten d in g th e w o r k - lif e of th e j
o ld e r worker a saving of b e n e f i t payments j
would a c c r u e . ' j
?Sumner H. S l i c h t e r , The Aged and S o c ie ty (Champaign,
I l l i n o i s s I n d u s t r i a l R e la tio n s R esearch A s s o c ia tio n ,
1950), p. 110.
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| Title | Employment of the older worker: An industrial and social problem. - Page 162 |
| Repository email | cisadmin@lib.usc.edu |
| Full text | a t th e p r e s e n t tim e , government i s n o t allow ed to do so. | 3* I f government w ants in d u s t r y t o r e l a x age r e s t r i c t i o n s , i t should f i r s t r e l a x i t s own; age d i s c r i m i n a t i o n p r a c t i c e s in i t s c i v i l s e r v ic e jobs do n o t c o n tr ib u te t o th e employment of o ld e r w o rk ers, nor a re th e s e p r a c t i c e s w arran ted i n a p u b lic s e r v ic e . F u rth erm o re , government could i n t e g r a t e i t s c i v i l s e r v ic e p en sio n system w ith t h a t of th e S o c ia l S e c u r ity so t h a t when a c i v i l s e r v ic e employee q u i t s or lo s e s h i s jo b , he could c a r r y h i s p en sio n c r e d i t s w ith him i n t o p r i v a t e in d u s tr y . 4. I f government w ishes in d u s tr y t o keep men a f t e r th e age of s i x t y - f i v e employed f o r th e sake of s o c i e t y and the men th e m se lv e s, i t would be re a so n a b le t o assume t h a t i in d u s t r y alo n e could n o t su p p o rt th e grow- ! ing numbers of aged w orkers whoee product i v i t y i n most ca se s has f a l l e n . Thus, | in d u s t r y f o r i t s v e ry e x is te n c e would have t o d is c a r d them u n le s s f i n a n c i a l or o th e r forms of in c e n tiv e would be a v a il a b l e t o in d u s t r y t o compensate i t f o r th e in c re a s e d c o s ts in c u rr e d by th e lower p r o d u c ti v i t y of th e aged w o rk ers. Thus, government, r e p r e s e n tin g s o c i e t y , could su p p o rt i n d u s t r y as i t i s now su p p o rtin g a g r i c u l - ! t u r e by g iv in g i t a f i n a n c i a l su b sid y . I n j t h i s r e s p e c t , Sumner H. S l i c h t e r of Harvard' U n iv e r s ity su g g e sts t h a t f o r every y ear beyond th e age of s i x t y - f i v e t h a t th e employer r e t a i n s th e w orker, he might be g iv en a s u b s id y of o n e - fo u rth of th e annual wages of th e w orker. Thus, th e employer would have an in c e n tiv e t o keep w orkers who were w orth a t l e a s t t h r e e - f o u r t h s of t h e i r wages. This su b sid y could be ! fin a n c e d out of th e S o c ia l S e c u r it y Fund, j because by ex ten d in g th e w o r k - lif e of th e j o ld e r worker a saving of b e n e f i t payments j would a c c r u e . ' j ?Sumner H. S l i c h t e r , The Aged and S o c ie ty (Champaign, I l l i n o i s s I n d u s t r i a l R e la tio n s R esearch A s s o c ia tio n , 1950), p. 110. |
