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The Age Management philosophy and the concept of Work-life balance in the selected Czech banking institutions

Author

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  • Jiří Bejtkovský

    (Tomáš Baťa University in Zlín, Czech Republic)

Abstract

The article focuses on the Age Management philosophy and the concept of Work-life balance in the selected Czech banking institutions. The objective of the article is, inter alia, to determine whether the selected Czech banking institutions are dominated by stereotypical perception of the employees and further to reflect over how the concept of the Work-life balance can affect the context of aging of the population and the Age Management philosophy. The article presents a view of some of the results of quantitative and qualitative research conducted in the selected Czech banking institutions in the Czech Republic. The research group of the questionnaire survey included in total 180 employees of banking institutions working in and responsible for the area of human resource management and 282 employees of the 50+ age category. The results of the inquiries show that these institutions are more or less not dominated by prejudices and the corporate culture is welcoming and friendly to all the employees regardless of their biological age. The satisfaction with the measures carried out in the Czech Republic in association with the 50+ employees was assessed rather negatively. The concept of Work-life balance is supported across the board, not based on the context of the Age Management philosophy.

Suggested Citation

  • Jiří Bejtkovský, 2016. "The Age Management philosophy and the concept of Work-life balance in the selected Czech banking institutions," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 2(1), pages 32-42.
    • Handle: RePEc:men:journl:v:2:y:2016:i:1:p:32-42
    DOI: 10.11118/ejobsat.v2i1.23
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    References listed on IDEAS

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    1. Jan Fabisiak & Sergiusz Prokurat, 2012. "Age Management as a Tool for the Demographic Decline in the 21st Century: An Overview of its Characteristics," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 8(4), pages 83-96.
    2. Urbancová, H. & Hlavsa, T., 2014. "Age Management Principles in Czech Agrarian Sector," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 6(3), pages 1-10, September.
    3. Ioan Lazar & Codruta Osoian & Patricia Ratiu, 2010. "The Role of Work-Life Balance Practices in Order to Improve Organizational Performance," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 201-214.
    4. van Dalen, Hendrik P. & Henkens, K. & Wang, Mo, 2015. "Recharging or retiring older workers? : Uncovering the age-based strategies of European employers," Other publications TiSEM 69faa9f6-fef8-4b59-aa70-8, Tilburg University, School of Economics and Management.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    age management; commercial banks; employee 50+; labor market; population ageing process; prejudices; stereotypes; work-life balance;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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