Factors influencing the decision of whether to retire or extend one’s employment

Skučienė, Daiva; Moskvina, Julija

doi:10.1515/humaff-2016-0012

Cited by 3 publications

(2 citation statements)

References 15 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The relevant international literature straddles the fields of economics, industrial relations, organisational behaviour and sociology. Most studies utilise microdata and econometric modelling methods appropriate when using a binary choice dependent variable on employment, or retirement status (Begley and Chan, 2018; Mann, 2011; Skučiene and Moskvina, 2015). However, three other approaches deserve attention.…”

Section: Literature Reviewmentioning

confidence: 99%

“…We find three key themes in this literature; the first concerns the importance of organisational and work-related factors on decisions to retire (see Chen and Gardiner’s (2019) systematic review). Key drivers include lack of autonomy (Skučiene and Moskvina, 2015), physical job demands (Berglund et al, 2017), lack of training, commuting time (Chapela, 2012), illness (Chapela, 2012) and poor working conditions (Livanos and Imanol, 2017). Secondly, financial need is typically positively correlated with extended working lives (Livanos and Imanol, 2017).…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Housing wealth, mortgages and Australians’ labour force participation in later life

2021

View full text Add to dashboard Cite

In the life cycle model of consumption and saving, homeownership is an important vehicle for horizontal redistribution. Households accumulate wealth in owner-occupied housing during working lives before benefiting from imputed rent streams in retirement. But in some countries housing wealth’s welfare role has broadened as owners increasingly use flexible mortgages to smooth consumption during working lives. One consequence is higher outstanding mortgages later in life, a burden exacerbated by high real house prices that compel home buyers to demand mortgages that are a growing multiple of their incomes. We investigate whether these developments are prompting longer working lives, an idea that is especially relevant in countries offering relatively low government pensions. Australia is one such country. We use the 2001–2017 panels of the Household, Income and Labour Dynamics in Australia Survey to estimate hazard models of exits from the Australian labour force as workers approach pensionable age. We find that those with high outstanding mortgage debts are more likely to postpone retirement, as are those with relatively low amounts of private pension wealth. These results are stronger in urban housing markets, and especially among males.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Housing wealth, mortgages and Australians’ labour force participation in later life

2021

View full text Add to dashboard Cite

show abstract

Determinants of older people labour market decision in Ghana

Opoku,

Domfe,

Adu Boahen

2024

JES

View full text Add to dashboard Cite

PurposeThe purpose of this paper is to examine the prevalence of labour force participation and the factors affecting labour supply among older persons in Ghana. Both the extensive and intensive margins of older persons’ labour supply were analysed.Design/methodology/approachThe paper uses nationally representative samples of household and individual data in 2016–2017 – Ghana Living Standard Survey (GLSS 7) data – for the analysis. Heckman’s sample selection model is used to analyse both the extensive and intensive margins of older persons’ labour supply.FindingsThe study found that older persons in Ghana who are pensioners, widowed, have high levels of education, poor health status and live in urban areas are less likely to participate actively in the labour market. On the other hand, being head of a household, married and owning certain assets increase the likelihood of an older person to work. Furthermore, pensions, household headship and post-secondary education have negative effects on the labour supply as having them make older persons work fewer hours per week compared to their counterparts.Originality/valueThis research is the first study to examine the prevalence of old age employment and factors that affect labour market decisions of older persons in Ghana. It also adds to the limited literature on pension and retirement decisions in developing countries.

show abstract

Investigating the Factors That Influence Early Retirement of Private Sector Workers in the Center Region of Cameroon

Tapang,

Andonei,

Fusi

2022

Adv. J Social Sci.

View full text Add to dashboard Cite

Purpose: This study seeks to investigate the factors that influence early retirement of private sector workers in the center region of Cameroon. Methodology: The grounded theory approach was used with a target population being workers of private sector organizations in the center region of Cameroon. A purposive sampling was used, where the population was selected from private organization, mainly; the multinational private companies, the transnational private companies and sole proprietor companies operating in the center region of Cameroon. Primary data was got through interviews to capture private sector workers’ opinions on aspects related to early retirements. Research questions: The first research question was aimed at finding out the factors that influence early retirement of the private sector workers in the center region of Cameroon. The research continued with a second question to find out the most prominent factors presumed to affect early retirement. Finally, the research continued to find out to what extent these factors influence early retirement. Findings: The findings revealed the overarching theme of work stress as the major factor that influence early retirement of the private sector workers in the center region of Cameroon. It also showed that low salaries and therefore weak financial strength of workers emerged as the overarching theme to explain the most prominent factors presumed to affect early retirement. Finally, the study showed that tough hierarchy decisions that do not take the views of employees into consideration and unclear work descriptions contributed to the quest for workers to retire early from the private sector in the center region of Cameroon.

show abstract

Factors influencing the decision of whether to retire or extend one’s employment

Cited by 3 publications

References 15 publications

Housing wealth, mortgages and Australians’ labour force participation in later life

Housing wealth, mortgages and Australians’ labour force participation in later life

Determinants of older people labour market decision in Ghana

Investigating the Factors That Influence Early Retirement of Private Sector Workers in the Center Region of Cameroon

Contact Info

Product

Resources

About