why firms often have mandatory retirement

Related BrainMass Solutions

• Explain: 'My employer doesn't determine my salary; he determines where I work.'

  Present an economic argument to explain why firms often have mandatory retirement (where allowed by law).

• This post addresses ecomics questions.

  The main con is that companies being run by less experienced people don't have as much as an advantage in terms of experienced personnel that the competitors do, who don't have a mandatory retirement policy.

• Sandberry Police Department Retirement Policy

  Alvin has a claim because mandatory retirement violates the ADEA. B. Police departments are exempt from the ADEA's prohibition of mandatory retirement. C. Alvin does not have a claim for age discrimination because he was not fired. D.

• Positive Aspect of Aging & Impact of Gender, Ethnicity, Cult

  In the past, some businesses had mandatory retirement policies, which have now largely been deemed illegal.

• The VMP of each worker

  Assume that the firm does not have a pension plan and r=0 for all workers. (i) For what ages will workers be paid above their VMP? (ii) Show whether this firm opposes legislation prohibiting mandatory retirement for workers under 65.

• Auto Insurance and Voluntary Auto Insurance

  Since it is not mandatory, the demand would decrease and then most of the insurance firms have to reduce the price. There would be a new free market equilibrium price.

• Examples of Accounting Activities and their Effect on Cash Flows

  Retirement of bonds at a loss - Financing - decrease in cash Historically, technology firms have been the most aggressive users of stock based compensation in the form of stock options granted to almost all employees of the firms.

• Arguments against and for mandatory audit firm rotation

  The audit firms of public companies are massive and have a deep bench of diverse talent to use in rotating.

• Women, Aging & Poverty

  Women often have lower paying jobs and thus pay less into employment retirement savings plans than do men, so they will have less income when they get older. f.