International Journal of Social Science & Economic Research
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Title:
DIVERSITY AND EARNING DISSATISFACTION AMONG THE ELDERLY WORKFORCE IN INDIA

Authors:
Dona Ghosh

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Dona Ghosh
Assistant Professor, Thiagarajar School of Management, Maduari, India

MLA 8
Ghosh, Dona. "DIVERSITY AND EARNING DISSATISFACTION AMONG THE ELDERLY WORKFORCE IN INDIA." Int. j. of Social Science and Economic Research, vol. 4, no. 2, Feb. 2019, pp. 988-1007, ijsser.org/more2019.php?id=75. Accessed Feb. 2019.
APA
Ghosh, D. (2019, February). DIVERSITY AND EARNING DISSATISFACTION AMONG THE ELDERLY WORKFORCE IN INDIA. Int. j. of Social Science and Economic Research, 4(2), 988-1007. Retrieved from ijsser.org/more2019.php?id=75
Chicago
Ghosh, Dona. "DIVERSITY AND EARNING DISSATISFACTION AMONG THE ELDERLY WORKFORCE IN INDIA." Int. j. of Social Science and Economic Research 4, no. 2 (February 2019), 988-1007. Accessed February, 2019. ijsser.org/more2019.php?id=75.

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Abstract:
The present study attempts to analyse the implication of workforce participation of the elderly population in India. The research is necessary due to increasing financial vulnerability of the aged people in India, as a result of ruptured traditional family support system and depleting social securities. Late-life workforce participation is often prescribed a possible solution for old age financial crisis; however, the pattern of the involvement of the aged is less reviewed in the literature. Therefore, the present study, using Nationally representative data for the period 2011- 12, examines the pattern of economic activities, adopted by elderly individuals, and their income satisfaction from the job. Findings suggest that elderly, belong to lower social status, impecunious households, and small size households have higher tendencies to participate in casual wage employment. On the contrary, socioeconomically well-off elderly engage are more engaged in self- employment activities. The study also finds that income dissatisfaction is significantly associated with the geographical location, social position, household size, financial conditions of the household, sex, education, age-group, and marital status of the individuals. The findings drag attention towards policies for empowering the older adults in the labour market, especially, who participate with limited capabilities and social opportunities.