Factors Influencing Retirement among Older Employees with a Low Occupational Status

Sophie Hennekam
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Sophie Hennekam: Audencia Business School

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Abstract: This study examined the factors that influence the retirement decision of older employees with a low occupational status in the creative industry in the Netherlands. Thirty semi-structured in-depth interviews were conducted by telephone. The sample existed of employees with a low occupational status, aged 50 or above, in the creative industry in the Netherlands. All participants were member of the trade union of this industry. It was found that non-organizational factors play a more important role than organizational factors, such as HRM practices. Three key factors have been identified that might prevent older employees from retiring: a mentality change that is more welcoming towards older employees, a workplace that is highly flexible in the broadest sense of the concept, and regular open communication between the organization and its employees. The findings show that a welcoming mentality towards older employees, greater flexibility, and enhanced communication were found to strongly influence the retirement decision of older employees with a low occupational status.

Keywords: Retirement Decision; Low Occupational Status; Netherlands; Older Employees (search for similar items in EconPapers)
Date: 2014
Note: View the original document on HAL open archive server: https://hal.science/hal-03232778
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Published in The International Journal of Aging and Society, 2014, 3 (3), pp.45-55. ⟨10.18848/2160-1909/cgp/v03i03/35118⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03232778

DOI: 10.18848/2160-1909/cgp/v03i03/35118

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