A Change in Management Perspective on the Implementation of the Employee Capital Plans in Poland

Purpose: The purpose of this paper is to demonstrate how a change management perspective contributes new understandings about the Employee Capital Plans (PPK) implementation processes in Poland, especially their efficiency measured by participation of the employees. Design/Methodology/Approach: For the research, methods of critical literature analysis, statistical methods, as well as description and explanation methods have been used. Findings: In financial terms, the PPK program turned out to be very beneficial for its participants in the analyzed period. However, contrary to the assumptions of change leaders, it has not been universal so far and covered slightly more than 25% of those eligible to participate. The attitude of employers related to the introduction of the PPK in their workplace remains crucial. Practical Implications: Bad experience related to the reduction and expected liquidation of OFE (second, funded pillar of the public pension system) exacerbated the problem of the lack of trust in the Polish pension system. A cross-party agreement on retirement security should be built so that citizens regain faith in the state and its institutions. Orginality/Value: The implementation of a new company pension scheme can be explored from various aspects. Most often, analyzes are conducted from the perspective of pension economics (the impact of a new pension scheme on the level of financial security of elderly people and on the increase of savings in national economy). The added value of the article is the assessment of the Employee Pension Plans implementation as a change management process.