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The theoretical idea of personnel economics is to apply simple economic principles to the field of human resources management. Personnel economics as a research field has grown rapidly since the first text book on “Personnel Economics” was published in 1998. The development is driven by new...
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Field studies linking workforce age to performance tend to treat performance as one-dimensional and often focus on … individual, not organizational performance. To analyze the effects of workforce age on organizational performance, we suggest … cognitive capabilities. As a result we argue that workforce aging may affect various performance dimensions, such as quantity …
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