Workplace Gender and Age Disadvantage and Retirement Decisions in Finance in Czechia

Abstract

Czechia has the highest rate of perceived age discrimination at work in the EU-28 comparison (54% compared to 35% EU-28 average experienced in the last 12 months). Czechia also holds other infamous primacies; one of the highest gender pay gap (with significant impact on gender pension gap), one of the highest negative impact of motherhood on employment. This paper focus is on experience of disadvantage and discrimination by age and gender in three professions within the Czech gender regime. Research shows that in Czechia women and men mostly retire at the statutory retirement age or as early as possible afterwards. Little is known about how disadvantage and discrimination is related to retirement decisions and how age interacts with gender in producing disadvantage. This analysis of perceived age and gender disadvantage and discrimination focuses on intersecting domains of jobs, welfare state and households. Later life employment in CR is especially important for women due to the paradoxical nature of the Czech gender regime with high employment rates, gender contract institutionalised within the welfare state and resulting in life course accumulation of disadvantage, low pensions, and poverty. Qualitative analysis uses 42 interviews with experts and 50+ women and men employed in financial services collected 2018 - 2019. Results show that disadvantage and discrimination is produced, experienced and understood by women and men in pre-retirement age within the specific Czech normative and policy context, which is deeply gendered and diversified by intersection of gender, age, class/profession, and household situation.

Presenters

Alena Krizkova
Senior Researcher, Department head, Gender and Sociology, Institute of Sociology, Czech Academy of Sciences, Czech Republic

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

2021 Special Focus—Aging Societies: Extended Working Lives and Discrimination Against Older Workers

KEYWORDS

Gender and age, Disadvantage and discrimination, Extending working lives, Finance