Actual Conditions of Relocation, Transfer, Retirement and their Implications: Evidence from a survey

Author Name TSURU Kotaro (Faculty Fellow, RIETI) / KUME Koichi (Toyo University) / YASUI Kengo (Aoyama Gakuin University) / SANO Shinpei (Chiba University)
Creation Date/NO. April 2018 18-P-006
Research Project Reform of Labor Market Institutions
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For the medium- and long-term growth of the Japanese economy, women and elderly people are expected to be part of the active labor force. On the other hand, there are also employment systems that can hinder their success, such as relocation or compulsory retirement age. In discussing the ways of the future employment system, RIETI conducted a comprehensive online questionnaire to ask currently working regular employees and retired people questions about relocation/transfer, actual retirement age, and current employment status after retirement.

This paper summarizes the results. The workers who experienced relocation have advantages, such as a wide variety of work experience, strong basic ability, high annual income, good job fit, and so on, compared with workers with no experience. Regarding awareness of the retirement system, evaluation of the continuous employment system users for the system was not necessarily high, and the tolerance to wage reduction was low. Also, we find that the continuous employment system users emphasize employment stability while their willingness to work after age 65 is not high.