Impact of the recession on age management policies - Case study: Magyar Telekom Group, Hungary
MT age management policies are viewed internally to be in line with trends among similar large companies in Hungary. Large companies, including MT, are generally characterised by a relatively secure position in the market. They are subsequently able to maintain a consistent HR policy towards employees. Voluntary departures account for approximately 6% of the workforce turnover and often consist of older workers (50 or more) using the early retirement option.