Factors affecting faculty retirement decisions

Bahrami, Bahman

doi:10.1016/s0362-3319(01)00114-8

Cited by 18 publications

(13 citation statements)

References 7 publications

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“…These factors were based on a review of the literature pertaining to faculty retirement. [3][4][5][6]10,11 The mean rank order of the relative importance of retirement factor influences were as follows: obtaining the income replacement deemed necessary to maintain one's standard of living, the opportunity to participate in meaningful activities, reduced job satisfaction, becoming less effective at work, declining health, support from significant other, and loss of status at work.…”

Section: Resultsmentioning

confidence: 99%

“…[3][4][5][6]11 A cover letter and survey instrument was e-mailed to the sample. The cover letter assured participants that their responses were anonymous and asked those willing to participate to click a link and complete the online survey instrument.…”

Section: American Journal Of Pharmaceutical Education 2012; 76 (1) Armentioning

confidence: 99%

“…The age at which a faculty member retires may be influenced by several factors, including financial considerations, medical insurance accessibility, age, health, perceptions of organizational value, and spousal influence. [3][4][5] There is a significant body of literature regarding factors surrounding faculty retirement. [4][5][6][7][8][9][10][11][12] These investigations fall into 1 of 3 categories: those that are national in scope; those that pertain to the retirement behaviors of 1 institution; and those that are discipline or job specific.…”

Section: Introductionmentioning

confidence: 99%

“…[3][4][5] There is a significant body of literature regarding factors surrounding faculty retirement. [4][5][6][7][8][9][10][11][12] These investigations fall into 1 of 3 categories: those that are national in scope; those that pertain to the retirement behaviors of 1 institution; and those that are discipline or job specific. Several studies focused on legislation passed on January 1,1994, that eliminated mandatory retirement for tenured faculty members (Public Law 99-592, 1986).…”

Section: Introductionmentioning

confidence: 99%

“…Bahrami and colleagues looked at several factors that might impact the retirement decision of faculty members, including the end of mandatory retirement, early retirement incentives, health status, and perceived adequacy of retirement income, and found that the latter was significantly related to the decision to retire. 4 Kim examined whether declining research productivity resulted in earlier retirement of faculty members at the University of California. 9 Kim found that faculty members who published fewer research papers than their peers during the 3 and 15 years prior to the announcement of a voluntary early retirement programs were more likely to retire early.…”

Section: Introductionmentioning

confidence: 99%

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Pharmacy Faculty Retirement at Colleges and Schools of Pharmacy in the United States and Canada

Latif

Alkhateeb

2012

American Journal of Pharmaceutical Education

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Objectives. To examine the work-related activities of full-time faculty members 55 years of age and older; to describe the retirement plans and perceptions of these faculty members; and to examine the factors, perceptions, or conditions that might influence the retirement decision. Methods. Pharmacy faculty members aged 55 years and older in the United States and Canada were invited to participate in an online survey regarding their perceptions on issues related to their retirement planning behavior. Results. Four hundred eighty-eight faculty members completed the survey instrument. The typical respondent worked 50 hours per week on work-related activities, was active in teaching and service, and had published an average of 5 refereed papers during the previous 36 months. The number of articles published was positively related to the respondent's target retirement age. The average anticipated retirement age was 66.6 years, and most respondents participated in a defined benefit plan. The majority would revise their target retirement age downwards if conditions were favorable. Conclusion. The primary factors that influence the pharmacy faculty retirement decision include financial status, academic productivity, and higher order needs such as the opportunity to participate in meaningful activities. These findings can be used by administrators in strategic planning related to attracting and retaining quality faculty members.

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Section: Resultsmentioning

confidence: 99%

Section: American Journal Of Pharmaceutical Education 2012; 76 (1) Armentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Pharmacy Faculty Retirement at Colleges and Schools of Pharmacy in the United States and Canada

Latif

Alkhateeb

2012

American Journal of Pharmaceutical Education

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Faculty retirements will likely exacerbate the anatomy educator shortage

Edwards

Meyer

Brooks

et al. 2022

Anatomical Sciences Ed

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Medical education has reported a shortage of anatomy educators since the 1960s. While the faculty pipeline has recently been explored, insights into retirement intentions, a key driver of faculty turnover, have yet to be investigated. With the mean age of anatomists rising, knowledge of retirement intentions among current educators is essential to understanding the anatomy educator shortage. This study explored the retirement intentions of current anatomy educators and their likely effects on the workforce. Surveys were distributed to department heads and the American Association for Anatomy (AAA) membership to inquire about job postings from 2018–2020 and retirement intentions, respectively. Department heads sought to fill open positions due to faculty retirements (36%, 15 of 42), faculty relocations/sabbaticals/new responsibilities (31%), and brand new positions (24%). The retirement intentions survey revealed that 61% (23 of 38) of faculty ‘55 and older’ intend to retire within five years. Based on the extrapolation of AAA membership data, estimates suggest that almost twice as many anatomy faculty could retire per year (n = 40) over the next five years compared to the estimated number of annual PhD graduates (n = 22) likely to enter the workforce. Factors driving retirement intentions were overwhelmingly age and finances, followed by job satisfaction and family. The creation of new anatomy educator positions to address increased student enrollments and new health sciences programs is likely to place even greater strain on workforce demands.

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Trends in Faculty Salaries

Rayburn

2011

Changing Landscape of Academic Women's Health Care in the United States

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Factors affecting faculty retirement decisions

Cited by 18 publications

References 7 publications

Pharmacy Faculty Retirement at Colleges and Schools of Pharmacy in the United States and Canada

Pharmacy Faculty Retirement at Colleges and Schools of Pharmacy in the United States and Canada

Faculty retirements will likely exacerbate the anatomy educator shortage

Trends in Faculty Salaries

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