Intention to Retire in Employees over 50 Years. What is the Role of Work Ability and Work Life Satisfaction?

Prakash K.C., Jodi Oakman, Clas-Håkan Nygård, Anna Siukola, Kirsi Lumme-Sandt, Pirjo Nikander and Subas Neupane
Additional contact information
Prakash K.C.: Unit of Health Sciences, Faculty of Social Sciences, Tampere University, Arvo Ylpönkatu 34, 33520 Tampere, Finland
Jodi Oakman: Centre for Ergonomics and Human Factors, School of Psychology and Public Health, La Trobe University, Melbourne, VIC 3086, Australia
Clas-Håkan Nygård: Unit of Health Sciences, Faculty of Social Sciences, Tampere University, Arvo Ylpönkatu 34, 33520 Tampere, Finland
Anna Siukola: Unit of Health Sciences, Faculty of Social Sciences, Tampere University, Arvo Ylpönkatu 34, 33520 Tampere, Finland
Kirsi Lumme-Sandt: Unit of Health Sciences, Faculty of Social Sciences, Tampere University, Arvo Ylpönkatu 34, 33520 Tampere, Finland
Pirjo Nikander: Gerontology Research Center, Tampere University, FI-33014 Tampere, Finland
Subas Neupane: Unit of Health Sciences, Faculty of Social Sciences, Tampere University, Arvo Ylpönkatu 34, 33520 Tampere, Finland

IJERPH, 2019, vol. 16, issue 14, 1-13

Abstract: Background: We investigated work ability and trajectories of work life satisfaction (WLS) as predictors of intention to retire (ITR) before the statutory age. Methods: Participants were Finnish postal service employees, who responded to surveys in 2016 and 2018 (n = 1466). Survey measures included ITR, work ability and WLS. Mixture modelling was used to identify trajectories of WLS. A generalized linear model was used to determine the measures of association (Risk Ratios, RR; 95% Confidence Intervals, CI) between exposures (work ability and WLS) and ITR. Results: Approximately 40% of respondents indicated ITR. Four distinct trajectories of WLS were identified: high (33%), moderate (35%), decreasing (23%) and low (9%). Participants with poor work ability (RR 1.79, 95% CI 1.40–2.29) and decreasing WLS (1.29, 1.13–1.46) were more likely to indicate an ITR early compared to the participants with excellent/good work ability and high WLS. Job control mediated the relationship between ITR and work ability (9.3%) and WLS (14.7%). Job support also played a similar role (14% and 20.6%). Conclusions: Work ability and WLS are important contributors to the retirement intentions of employees. Ensuring workers have appropriate support and control over their work are mechanisms through which organisations may encourage employees to remain at work for longer.

Keywords: intention to retire; work ability; ageing workers; work wellbeing; psychosocial work exposures (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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