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Job satisfaction, retirement attitude and intended retirement age: a conditional process analysis across workers’ level of household income

Davies, Eleanor M.M., Van der Heijden, Beatrice and Flynn, Matt (2017) Job satisfaction, retirement attitude and intended retirement age: a conditional process analysis across workers’ level of household income. Frontiers in Psychology, 8. ISSN 1664-1078

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Abstract

In the contemporary workplace, insight into retirement behaviours is of crucial importance. Previous empirical evidence has found mixed results regarding the relationship between work attitudes, such as job satisfaction, and retirement behaviours, suggesting that further scholarly examination incorporating moderating and mediating variables into retirement models is needed. Drawing on comparative models of attitude to retirement, we hypothesized a direct relationship between job satisfaction and intended retirement age for workers with a high household income and an indirect relationship between job satisfaction and intended retirement age, via retirement attitude, for workers with a low or mean household income.
We collected data from a sample of 590 UK workers aged 50+. Using conditional process analysis, we found that the underlying mechanisms in our research model differ according to socio-economic status. We found no direct effect between job satisfaction and intended retirement age. However, an indirect effect was observed between job satisfaction and intended retirement age, via retirement attitude, for both low- and mean-household income individuals. Specifically, the relationship between job satisfaction and retirement attitude differed according to socio-economic group: for high-household income older workers, there was no relationship between job satisfaction and retirement attitude. However, for low- and mean-household income older workers, we observed a negative relationship between job satisfaction and retirement attitude. Otherwise stated, increases in job satisfaction for mean and low household income workers are likely to make the prospect of retirement less attractive. Therefore, we argue that utmost care must be taken around the conditions under which lower income employees will continue their work when getting older in order to protect their sustainable employability.

Item Type: Article
Uncontrolled Keywords: Older workers, intended retirement age, Job Satisfaction, retirement attitude, Conditional process analysis
Subjects: B Philosophy. Psychology. Religion > BF Psychology
H Social Sciences > H Social Sciences (General)
Schools: Huddersfield Business School
Related URLs:
Depositing User: Sally Hughes
Date Deposited: 30 May 2017 15:17
Last Modified: 02 Jun 2017 14:51
URI: http://eprints.hud.ac.uk/id/eprint/32065

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