Table 5 Determinants of the four company types (multinomial logit estimations), 2011.
From: After early retirement: the variety of human-resource strategies of firms towards older employees
Recruitment but no HR measures | HR measures but no recruitment | Both | |
|---|---|---|---|
Type 2 | Type 3 | Type 4 | |
Resources | |||
Company size | 0.935*** (0.037) | 0.679*** (0.046) | 1.511*** (0.043) |
HRM-Index | − 0.038 (0.036) | 0.323*** (0.042) | 0.235*** (0.039) |
Further training | − 0.390*** (0.073) | 0.509*** (0.123) | 0.512*** (0.113) |
Experiences with older employees | |||
Share of older employees | 2.187*** (0.174) | 2.427*** (0.237) | 3.667*** (0.221) |
Context of work relations | |||
Works council | − 0.174*** (0.086) | 0.697*** (0.103) | 0.603*** (0.093) |
Collective agreement | − 0.01014 | 0.383*** (0.092) | 0.199** (0.016) |
Need for skilled workers | 0.224*** (0.072) | 0.319*** (0.092) | 0.458*** (0.083) |
Labour turnover | 1.377*** (0.165) | − 0.493 (0.316) | 0.965*** (0.203) |
Job requirements/work environment: | |||
Share of skilled workers | − 0.336*** (0.123) | 0.559*** (0.190) | 0.114 (0.159) |
Modern technical equipment | 0.063 (0.066) | 0.149 (0.092) | 0.011 (0.081) |
Investments | − 0.163** (0.065) | 0.085 (0.089) | 0.168* (0.082) |
Sector affiliation (10 dummies) | Incl. | Incl. | Incl. |
N | 9240 | ||
Pseudo R2 | 0.2551 | ||