Nevertheless, employers should ponder over the fact that experience, skills, and talent of matured employees must not be overlooked. American firms need such talented people to remain competitive throughout the world (Sargeant, 2009)
The Equal Employment Opportunity Commission (EEOC) enforces ADEA and investigates cases of compensation, hiring, firing and conditions of employment as it relates to age. Many empirical studies have been completed that provide insights into which industries experience the most and least age discrimination (Bibby, 2008) as a result of ADEA being past
Age Discrimination Employment Age Discrimination The issue of age discrimination is one that continues to grow in prominence across industries as a globally aging workforce confronts the stigma of their age in many industries globally (McMahan, Sturz, 2006). Despite the Age Discrimination in Employment Act of 1967 (ADEA) being passed that seeks to protect applicants, employees, and prospects who are 40 years old or older, there is abundant evidence that it is regularly practiced (Posthuma, Campion, 2009)
The intent of this paper is to analyze how pervasive age discrimination is in the finance industry specifically, and illustrate how company values and cultures drastically impact its prevalence in a company. Age Discrimination Varies Significantly by Industry In analyzing the impact of age discrimination by industry, it was found that older employees are more valued and not discharged due to age alone in government and manufacturing industries (Quan, Dattero, Galup, 2008)
Technology in the Workplace and Older People Author Neil Charness explains that there are some justifications for employers to be reticent to hire older people, particularly in situations where a lot of sophisticated technology is employed, and the technologies are being upgraded often. "For older workers, technology has both advantages and drawbacks," Charness explains (Charness, 2006, p
" Older People Are Typically Excluded from Clinical Trials Why would older people be excluded from participation in clinical trials -- especially when the results of those trials have a direct bearing on their well-being? That is the million-dollar question posed in the Journal of American Geriatrics Society. The authors of this article report that age should definitely "not be a barrier to participation in clinical trials" of new medications; indeed, the most pertinent point made in the opening part of this peer-reviewed piece is that the "study population should reflect the population that will receive the drug…" once it is approved and marketed" (Cherubini, et al
Eglit has a different perspective on seniors and the legal system's tendency to be bias against seniors. While Eglit agrees that ageism directed toward the elderly "often is pernicious" (Eglit, 2005, p
Discrimination in the Justice System The workplace isn't the only setting where older people are discriminated against. According to a peer-reviewed article in the journal Behavioral Sciences and the Law, research reveals discrimination against older people: a) that is associated with jurors that don't trust older people to make fair judgments; b) when it comes to good healthcare in prisons for elders' health problems; and c) when very old people are on death row, there are concerns from fair-minded individuals in the community about "…the constitutionality of executing frail elders" (Gaydon, et al
An article in Educational Gerontology zeros in on stereotypes on aging, which the authors believe is one solid reason why there is so much prejudice against older people. In fact, due to the many negative stereotypes society perpetuates in the private and the public arena, many seniors are subjected to a "double whammy" (Horton, 2007, p
This group went through attacks and deep social prejudice based on the color of their skin; African-Americans up in years recall very vividly the impact of segregation and racism. During the 1900s there were "widespread lynchings" of black men, and this promoted terrible fears in the hearts of this ethnic group, and it "reinforced the belief that African-Americans were inferior to whites" (Liberato, et al
And moreover, seniors that remove "cognitive and physical abilities as a basis for self-evaluation because they no longer care" can and does lead to a "downward spiral" for that person (Horton, 1029). Attitudes Toward Aging -- Prejudice and Stereotypes What factors go into attitudes relating to how people perceive and understand aging? The authors of an article in Educational Gerontology explain that notwithstanding the belief that later adulthood can be a "…healthy, productive, and satisfying time of life, ageism or prejudice and discrimination against older adults and a fear of the aging process, continues to be a widespread phenomena" (McConatha, 2004, p
The American Association of Retired Persons (AARP) conducted a study in 2009, asking 767 adults age 45 and older if they are going to postpone their retirement, and 22% said yes they would postpone retiring. The AARP also asked (among the 767 interviewed) those between 55 and 64 about retirement plans and 27% of that age group said they would keep working well into typical retirement age (Rothenberg, 2011, p
In the workplace these are most often decisions about recruitment, promotion and dismissal… in societies that celebrate youthfulness above almost all else, it can be very difficult for even highly qualified professionals to find new positions after the age of 50. For male senior executives, the fear of age discrimination has led to an increasing demand for cosmetic surgery, but for most older workers there appears little they can do to resist being swept aside in favor of young replacements…" (Tan, 2009)
1% of the overall workforce, as compared to 3.6% in the previous ten years (Burnett, 2012)
The internet based application and advertisement does not favor most of the older job seekers due to the lack of efficient knowledge of navigating the internet. The method of the job advertisement and application proves to be a discriminatory factor against the elderly since it not only prevents them from acquiring information regarding job openings, but also limits their chances for applying (Fritzsche and Macus, 2013)
The companies were of different industries that ranged from service to manufacturing. The first method of collecting data was through a key-informant survey, in which only the top management participates (Kunze et al