Is Early Retirement Encourage by the Employer? Labor-Demand Effects of Age-Related Collective Fees
Publication year: 2011
The objective of this paper is to examine how employers’ non-wage costs for their workforce affect voluntary early retirement, using the case of the Swedish private sector. The results show that a 1 percentage point increase in non-wage costs in relation to wage costs increases retirement by 6 percent. Further, given the wage sum and workforce structure, large firms spend more on non-wage compensation than small firms.