Year: 2008
Type: article
Abstract: Spiraling compensation costs over the past two decades has led many firms to change their compensation strategies. There has been a shift in employee pension benefits as a form of compensation, as firms are rapidly moving from defined benefit plans towards defined contribution plans. In this study, we examine data and prior empirical analyses from the Health and Retirement Study to explore how this shift may affect retirees and employees. Based on an exploratory data analysis, we introduce a theoretical framework representing the relationship between retiree satisfaction and pension plans, and discuss its potential impact on organizations and their employees.
DOI: 10.21818/001c.17168
Institutions: University of Nevada, Reno, Appalachian State University
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W2899211761