Economics
  • ISSN: 2155-7950
  • Journal of Business and Economics

Performance Management of Aging Workforce in Company Management in China

Yuanzhe Qi
(University of the Cordilleras, Philippines)

Abstract: The Chinese population is aging and changes in the population’s age structure are leading to an aging of the nation’s workforce. An important challenge for firms and organizations is how to effectively manage aging employees.

This article studies the demands of aging employees and the parts of existing management policies that do not apply to aging employees. Analyze the situation of aging employees in the company, help the company make changes that are beneficial to aging employees, and explore management policies and management methods that are more suitable for aging employees.

Through analysis of the demands of older employees in the workplace, working hours, employee benefits, and management policies, they are different from younger workers, and through interviews to find the management policies and methods that older employees prefer. Aging employees value flexible work schedules, remote work, and health insurance. Analyze employer responses to workforce aging, including innovation capabilities, retirement policies, changes in working conditions, and other employee benefits.

Flexible working schedules, excellent health insurance and training can improve the enthusiasm and efficiency of aging employees, and these policies will help the company better manage the senior employees, optimize the organizational structure, and labor force, improve work efficiency, and bring management advantages to the company under the trend of aging population.

Key word: human resource management, performance management, workforce aging, China

JEL code: M100





Copyright 2013 - 2022 Academic Star Publishing Company