Presentation Details

The Fourth International Conference on Knowledge, Culture and Change in Organisations

Managing Human Resources in Higher Education: Recruitment, Retention, and Retirement in 21st Century

Robert Clark, Madeleine B. d’Ambrosio.


This paper examines recent trends in the size and age structure of faculties in the United States and the personnel policies institutions are adopting to maintain faculty quality in difficult economic environments. Institutions of higher education must attract, retain, and ultimately retire quality faculty members. The academic labor market reflects the age structure of a national labor force and the demand for faculty depends on the size of college age cohorts. Policies that are examined include the use of contract faculty instead of tenure track faculty, the importance of health insurance for active and retired faculty, retirement plans and their effect on retirement ages, and the emergence of phased retirement. Understanding the cost implications of alternative HR policies and their influence on faculty work and retirement decisions is central to maintaining a high quality of teaching and research at institutions of higher education. The paper has implications for colleges and universities in Europe as well as in the US. In addition, many of these same issues are confronting companies in other industries. The paper will examine the cultural changes that are taking place within institutions of higher education, shifts in employment contracts, and the ensuing modification of compensation policies.

Presenters

Robert Clark  (United States)
Professor
College of Management
North Carolina State University

Robert Clark is Professor of Economics and Business Management, North Carolina State University. Professor Clark has conducted research examining retirement decisions, the choice between defined benefit and defined contribution plans, the impact of pension conversions to defined contribution and cash balance plans, the role of information and communications on 401(k) contributions, government regulation of pensions, and Social Security. In addition, he has examined the economic responses to population aging, and international pension plans. He is widely published in journals in economics, demography, and gerontology. He served as Chair, 2003 Technical Panel on Assumptions and Methods for Social Security and was also a member of the 1994 Technical Panel on Trends and Issues on Retirement Savings for the Advisory Council to Social Security.


Madeleine B. d’Ambrosio  (United States)


North Carolina State University


Keywords
  • Colleges and universities
  • retirement policies
  • strategic planning in higher education



(30 min. Conference Paper, English)