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Centre for Policy on Ageing | |
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Retirement intentions
— what is the role of push factors in predicting retirement intentions? | | Author(s) | Jodi Oakman, Yvonne Wells |
| Journal title | Ageing and Society, vol 33, no 6, August 2013 |
| Publisher | Cambridge University Press, August 2013 |
| Pages | pp 988-1008 |
| Source | journals.cambridge.org/aso |
| Keywords | Employment of older people ; Attitudes to retirement ; Conditions of employment ; Retirement policy ; Quantitative studies ; Australia. |
| Annotation | Population ageing will have a significant impact on labour markets in most Organisation for Economic Co-operation and Development (OECD) countries, and as a result, individuals will need to remain in paid employment for longer to fund their retirement years. This study examines the retirement intentions of employees of a large public sector organisation located in Victoria, Australia that was interested in developing policies to assist with retention of their mature-age workforce. Multivariate regression analyses were used to identify the most important predictors of intention to retire. The dependent variable, Intended timing of retirement, was analysed in two forms, as continuous or dichotomous measures. Age and Length of service were strong independent predictors of Intention to retire soon (within five years). Of the work factors that were analysed (Job satisfaction, Job demands, Job control, and Social cohesion), low Job satisfaction and high Social cohesion scores indicated an increased likelihood of retiring soon. The results provide some insight into the development of organisational interventions that might assist with retaining older employees for longer. (RH). |
| Accession Number | CPA-130802004 A |
| Classmark | GC: G7:DP: WKA: G5: 3DQ: 7YA |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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