Corporate practices: Alboy’s plan for seniors

The Finnish company Alboy is a subsidiary of the group ASSA Alboy, the world leader in the locksmith's trade. The main factory employs 840 people and makes mechanical locks. It is on this plant that the company launched, in 2005, its Ikämestarit program (Age Masters) to deal with the factory's age structure, improve seniors' well-being and facilitate knowledge exchange between employees. After Neste Oil and gender equality (see our article No. 080252), this article is the second of a series dedicated to corporate practices regarding important HR issues. (Ref. 080314)
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The Finnish company Alboy is a subsidiary of the group ASSA Alboy, the world leader in the locksmith’s trade. Alboy Finland employs 1.130 people and makes €177 million in sales, almost half of which comes from exportation. The main factory is located in Joensuu, in the east, and employs 840 people. It makes locks, both mechanical and electronic, and exports them in 40 countries. In 2001, the company launched, in the Joensuu factory, the Ikämestarit program (Ages Masters) to respond to...

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