Dynamics of Employee Retirement Protection through Severance Pay Mechanisms
Abstract
Full Text:
Download PDFReferences
Armstrong, M., & Taylor, S. (2023) Armstrong's handbook of human resource management (16th ed.). London: Kogan Page.
Abildgaard, J. S., Nielsen, K., & Sverke, M. (2018). Can job insecurity be managed? Evaluating an organizational-level intervention addressing the negative effects of restructuring. Work & Stress, 32(2), 105-123.
Armanu, A., & Sudjatno, S. (2017). The effect of direct and indirect compensation to motivation and loyalty of the employee. Jurnal Aplikasi Manajemen, 15(1), 25-32.
Alwi, M. N. R., Salahuddin, S. N., Baharuddin, S. S., Shafee, H. B., Nur Ruzainy Alwi, M., Nizam Salahuddin, S., ... & bin Shafee, H. (2017). Gen Y: Employee Rewards, Motivation And Workplace Loyalty. European Proceedings of Social and Behavioural Sciences, 44.
Barceló, C., & Villanueva, E. (2016). The response of household wealth to the risk of job loss: Evidence from differences in severance payments. Labour Economics, 39, 35-54.
Betcherman, G. (2021). Designing labor market regulations in developing countries. IZA World of Labor.
Boeri, T., Garibaldi, P., & Moen, E. R. (2013). The economics of severance pay (No. 7455). IZA Discussion Papers.
Brown, K., Jha, R., & Pacharn, P. (2015). Ex ante CEO severance pay and risk-taking in the financial services sector. Journal of Banking & Finance, 59, 111-126.
Brefo-Manuh, A. B., Mensah, V., Ampong, I., & Aidoo, E. (2016). The role of motivation in the retention of employees: Evidence from Christian Service University College, Ghana. Journal of Advances in Humanifies, 4(4), 525-532.
Cardinale, M., & Orszag, M. (2005). Severance pay and corporate finance: Empirical evidence from a panel of Austrian and Italian firms. Empirica, 32(3), 309-343.
Creswell, J. W., & Poth, C. N. (2018). Qualitative inquiry and research design: Choosing among five approaches (4th ed.). Thousand Oaks, CA: SAGE Publications
Chiang, H. Y., Cheng, Y., Hasselhorn, H. M., Hsu, C. C., Yang, Y. C., & Cheng, W. J. (2025). Influence of pension availability on the association between work conditions and labor market exit for health reasons: evidence from a Taiwanese older adults cohort. BMC Public Health, 25(1), 1022.
Cumming, D., Lu, F., Xu, L., & Yu, C. F. (2024). Are companies offloading risk onto employees in times of uncertainty? Insights from corporate pension plans. Journal of Business Ethics, 195(3), 579-598.
Cozzi, M., & Fella, G. (2016). Job displacement risk and severance pay. Journal of Monetary Economics, 84, 166-181.
Djuwito, D. (2022). Human Resources Management: Legal Review Of Severance Pay Due To Retirement Of Pension Age. Eqien-Jurnal Ekonomi dan Bisnis, 11(03), 983-988.
De Vos, M. (1997). De rechtspositie van werkgeversbijdragen aan een groepsverzekering of een pensioenfonds bij het berekenen van de opzeggingsvergoeding. Evaluatie na de wet Aanvullende Pensioenen.
Fontes, A., Pero, V., & Berg, J. (2012). Low‐paid employment in Brazil. International Labour Review, 151(3), 193-219.
Garcia-Louzao, J. (2022). Workers’ job mobility in response to severance pay generosity. Labour Economics, 75, 102143.
Gerard, F., & Naritomi, J. (2021). Job displacement insurance and (the lack of) consumption-smoothing. American Economic Review, 111(3), 899-942.
Hernæs, E., Markussen, S., Piggott, J., & Røed, K. (2024). The impact of pension reform on employment, retirement, and disability insurance claims. Journal of Population Economics, 37(4), 76.
Hu, F., Chen, X., Liu, X., & Yang, C. (2025). Do employee-friendly practices affect executive pay-performance sensitivity? Evidence from corporate annuity systems in China. Applied Economics, 1-18.
Holzmann, R., Holzmann, R., Pouget, Y., Vodopivec, M., & Weber, M. (2011). Severance pay programs around the world: history, rationale, status, and reforms. Washington, DC: World Bank.
Johnston, M. P. (2014). Secondary data analysis: A method of which the time has come. Qualitative and Quantitative Methods in Libraries, 3(3), 619–626.
Kung, C. S., Zhu, J., Zaninotto, P., & Steptoe, A. (2023). Changes in retirement plans in the English older population during the COVID-19 pandemic: The roles of health factors and financial insecurity. European Journal of Ageing, 20(1), 22.
Kekre, R. (2023). Unemployment insurance in macroeconomic stabilization. Review of Economic Studies, 90(5), 2439-2480.
Lazear, E. P. (1990). Job security provisions and employment. The Quarterly Journal of Economics, 105(3), 699-726.
Lambert, E. G., Keena, L. D., Leone, M., May, D., & Haynes, S. H. (2020). The effects of distributive and procedural justice on job satisfaction and organizational commitment ofcorrectional staff. The Social Science Journal, 57(4), 405-416.
Lestari, R. P., Sudiarditha, I. K. R., & Handaru, A. W. (2021). The influence of compensation and career development on employee loyalty with job satisfaction as mediator. Oblik i finansi, 93, 135-141.
Lee, H. W., & Rhee, D. Y. (2023). Effects of organizational justice on employee satisfaction: integrating the exchange and the value-based perspectives. Sustainability, 15(7), 5993.
Lopez-Acevedo, G., Betcherman, G., Khellaf, A., & Molini, V. (2021). Morocco's jobs landscape: identifying constraints to an inclusive labor market. World Bank Publications.
Li, J., Ye, Y., & Luo, R. (2025). Layoffs unveiled: do layoff storms drive up audit fees?. Managerial Auditing Journal, 40(4), 423-450.
Luan, D., Xu, B., & Chen, L. (2025). Financial pension security, digital literacy, and the well-being perception of the elderly population. Finance Research Letters, 85, 107857.
Mashdurohatun, A., Syah, R., & Arto, G. (2020). Reconstruction of Severance Pay and Workers’ Rights Due to Termination of Employment (Layoff) Based on Justice Value. Journal of Social Science Research, 15, 115-126.
Mengstie, M. M. (2020). Perceived organizational justice and turnover intention among hospital healthcare workers. BMC psychology, 8(1), 19.
Morrissey, T. W., Cha, Y., Wolf, S., & Khan, M. (2020). Household economic instability: Constructs, measurement, and implications. Children and youth services review, 118, 105-502.
Novika, F., Addini, F. F., & Kusdani, D. (2023). Implementation of the labor laws in indonesia for formulation of pension reserves. International Journal of Science and Society, 5(3), 396-407.
Ozkan, U. R. (2019). The origins of severance pay in unemployment compensation: a comparative analysis. Labor history, 60(4), 351-371
OECD (2023) Artificial Intelligence and the Labour Market. Paris: OECD Publishing
Parsons, D. O. (2014). Job Displacement Insurance: An Overview.
Retnowati, A. N., Hafizhah , S., & Putra, O. E. (2025). Understanding Employee Loyalty: Motivation and Compensation in the Indonesian Garment Sector. Commercium : Journal of Business and Management, 3(4), 241–256.
Şen, M. (2021). Türkiye’de Kıdem Tazminatı ve İşsizlik Sigortası İkileminde Fon Tartışmaları. Sosyal Siyaset Konferansları Dergisi, (81), 325-366.
Siggel, E. (2010). The Indian informal sector: The impact of globalization and reform. International Labour Review, 149(1), 93-105.
Sverke, M., Hellgren, J., & Näswall, K. (2002). No security: a meta-analysis and review of job insecurity and its consequences. Journal of occupational health psychology, 7(3), 242
Vodopivec, M. (2020). Severance Pay and Labor Market Outcomes: International Evidence. IZA World of Labor
World Bank. (2022). Employing workers and labor market regulations: Redundancy rules and severance pay data. Washington, DC: World Bank
DOI: https://doi.org/10.37531/sejaman.v9i1.11522
Refbacks
- There are currently no refbacks.
