The Role of Job-Related Rewards in Retirement Planning

Kosloski, Karl; Ekerdt, David J.; DeViney, Stanley

doi:10.1093/geronb/56.3.p160

Cited by 85 publications

(70 citation statements)

References 38 publications

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“…Although little empirical evidence exists, it uniformly indicates that workers who experience or observe negative attitudes toward older workers in their workplace tend to have low expectations of working past retirement age (Adams, 2002;Kosloski, Ekerdt, & Deviney, 2001). Using the 1992 HRS datasets, Kosloski, Ekerdt, and Deviney (2001) found that workers who experienced discrimination by one's employers or perceived age-related social pressure to leave the firm reported a higher probability of retiring at ages 62 or 65.…”

Section: Employers' Attitudes Toward Older Workersmentioning

confidence: 99%

“…Using the 1992 HRS datasets, Kosloski, Ekerdt, and Deviney (2001) found that workers who experienced discrimination by one's employers or perceived age-related social pressure to leave the firm reported a higher probability of retiring at ages 62 or 65. Consistent with this finding, Adams (2002) also reported similar results.…”

Section: Employers' Attitudes Toward Older Workersmentioning

confidence: 99%

“…The original gender variable's responses were recoded for this study's convenience. 24 This question was also used as a measure of the meaning of work in other studies, e.g., Kim & DeVaney (2005) and Kosloski, Ekerdt, & Deviney (2001). 25 The meaning of work was employed from the 1992 wave because the HRS provides this question only in the 1992 wave and does not further include it in their later waves.…”

Section: Gendermentioning

confidence: 99%

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Racial/Ethnic Inequality Among Older Workers: Focusing On Whites, Blacks, and Latinos Within the Cumulative Advantage/Disadvantage Framework

Choi

Tang

Copeland

2016

Journal of Social Service Research

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As the number of older workers increases, scholars from variable fields have made an effort to understand what makes the current older generation want to remain in the labor market; however, our knowledge of older minority workers is fragmentary. The experience of older minority workers, defined as Blacks and Latinos in this study, may differ from that of their White counterparts because of persistent racial/ethnic differences among older workers, especially in four domains: 1) financial resources for retirement, 2) health, 3) career patterns, and 4) education. Existing literature has little to offer for older minority workers because of limited methodological approaches and a dearth of appropriate theories. Thus, this study aims to identify factors that explain older Americans' labor market participation after retirement age and whether there are racial/ethnic differences among those factors. It also presents fragmentary knowledge from existing studies within the framework of the cumulative advantage/disadvantage (CAD) theory.Using the 1,114 pre-retirement aged workers from the 2004 and 2008 datasets of the Health and Retirement Study (HRS), probit analysis was run to estimate the analytic model. RACIAL/ETHNIC INEQUALITY AMONG OLDER WORKERS: FOCUSING ON WHITES, BLACKS, AND LATINOS WITHIN THE CUMULATIVE ADVANTAGE/DISADVANTAGE FRAMEWORKEunhee Choi, M.S.W., Ph.D.University of Pittsburgh, 2013 v Racially separate analyses were performed to treat race as a major indicator for the outcome (workers' labor market status after age 65) and to systematically compare factors by race.The results showed that, after adjusting for covariates, factors influencing older individuals' employment after age 65 were conditioned by race. Whereas health and the meaning of work most influence Whites, financial resources (particularly home ownership) most affect Blacks, while health alone most concerns Latinos. Overall, this study suggests that access to the labor market-as opposed to personal preference, financial necessity, or job dissatisfactionmost influences the labor market participation of minorities.These findings of this study highlight the role of race, suggesting that one universal model cannot fully explain older individuals' labor market participation among different race/ethnic groups. Furthermore, this study's inclusion of Latinos expanded the scope of the existing literature, finding that both Black and Latino workers experience a lifetime accumulation of disadvantages. However, their employment experiences differ significantly: while class differences potentially exist among Black workers, Latinos can be more disadvantaged as a whole, experiencing substantial barriers related to education level and language in the workplace.This study helps to correct theoretical limitations in studies of older workers by using the more revealing CAD framework to interpret results. Racial/ethnic inequality among older workers should be understood not as sudden occurrences in old age, but as a byproduct of the interplay betwe...

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Section: Employers' Attitudes Toward Older Workersmentioning

confidence: 99%

Section: Employers' Attitudes Toward Older Workersmentioning

confidence: 99%

Section: Gendermentioning

confidence: 99%

See 1 more Smart Citation

Racial/Ethnic Inequality Among Older Workers: Focusing On Whites, Blacks, and Latinos Within the Cumulative Advantage/Disadvantage Framework

Choi

Tang

Copeland

2016

Journal of Social Service Research

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“…Based on previous studied in developed countries on retirement planning issues such as in United States (Joo & Grable, 2001;Taylor-Carter et al, 1997;Duflo & Saez, 2002), Hong Kong (Lee & Law, 2004, and Singapore (Lim, 2003). These studies involved the Baby Boomer generation (DeVaney, 1995;Glass & Kilpatrick, 1998;Ekerdt & DeViney, 2001;Lusardi & Mitchell, 2008). In addition, the study also involved wide issues related to woman in retirement planning such as the longevity life of women rather than men, women economic and psychological issues, factors affecting retirement planning and women financial literate.…”

Section: Introductionmentioning

confidence: 99%

Demographic Factors Associated with Retirement Planning: A Study of Employees in Malaysian Health Sectors

Mansor¹,

Hong²,

Abu³

et al. 2015

ASS

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Retirement is a stage of life where involvement in certain social activities and desirable conducts become less or narrow. Retirement life without planning requires continuous employment or working and the life style remain same with young age although the individual reaches retirement age. Lack of proper retirement planning preparation will generally bring some disappointment during retirement. Thus, having a proper retirement planning is extremely important. The main aim of the study is to investigate the significant of demographic factors in determining of retirement planning among health sectors based employees. While, the objectives of the current study are to determine the relationship between demographic factors consists of age, education level, gender and household income towards retirement planning. There are 110 set of questionnaires distributed to respondents worked in health sectors. The results of the study revealed that age; education level and household income were supported however intriguing findings for gender was not supported. The findings and the framework of the study will be useful to the Malaysians in preparing a proper retirement planning in their life. The study also serves a guideline to the government and policy maker as well as banking and financial institutions in satisfying the needs and wants from the market.

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“…Most research into early retirement, however, focuses on people's general state of health (Adams, 1999;Adams et al, 2002;Beehr et al, 2000;Henkens and Tazelaar, 1997;Koloski et al, 2001;Taylor and McFarlane Shore, 1995). The role played by Burnout and older workers' intentions psychological problems has hardly been studied to date, which is surprising as the number of people -in The Netherlands at least -who retire early because of psychological complaints has been found to be higher than the number of employees who become unfit for work because of physical problems (Houtman et al, 2007).…”

Section: Introductionmentioning

confidence: 99%

Burnout and older workers' intentions to retire

Henkens

Leenders

2010

International Journal of Manpower

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Burnout and older workers' intentions to retireHenkens, C.J.I.M.; Leenders, M. General rightsCopyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights.-Users may download and print one copy of any publication from the public portal for the purpose of private study or research -You may not further distribute the material or use it for any profit-making activity or commercial gain -You may freely distribute the URL identifying the publication in the public portal Take down policy If you believe that this document breaches copyright, please contact us providing details, and we will remove access to the work immediately and investigate your claim. Design/methodology/approach -The data were taken from a survey held among Dutch older workers (50 þ ) and their spouses (n ¼ 2; 892). Findings -The results show that a high workload, heavy physical work, lack of challenge, autonomy and social support from colleagues and managers are related to burnout complaints, although in a different way for the three dimensions. The results show that besides the effect of burnout, retirement intentions are related to the level of marital quality. Older workers who report a higher level of marital quality report a stronger intention to retire. Burnout and retirement intentions are related, but appear to have partly different predictors. While burnout can generally be explained by the work environment, non-work related factors enhance the understanding of retirement intentions.Originality/value -This study shows that actual retirement is often preceded by feelings of burnout, in particular a mental detachment from work and feelings of exhaustion.

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The Role of Job-Related Rewards in Retirement Planning

Cited by 85 publications

References 38 publications

Racial/Ethnic Inequality Among Older Workers: Focusing On Whites, Blacks, and Latinos Within the Cumulative Advantage/Disadvantage Framework

Racial/Ethnic Inequality Among Older Workers: Focusing On Whites, Blacks, and Latinos Within the Cumulative Advantage/Disadvantage Framework

Demographic Factors Associated with Retirement Planning: A Study of Employees in Malaysian Health Sectors

Burnout and older workers' intentions to retire

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