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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 I. J. M.; Flynn, Matt

Authors

Eleanor M. M. Davies

Beatrice I. J. M. Van der Heijden

Matt Flynn



Abstract

In the contemporary workplace, insight into retirement behaviors is of crucial importance. Previous empirical evidence has found mixed results regarding the relationship between work attitudes, such as job satisfaction, and retirement behaviors, 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 United Kingdom 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.

Journal Article Type Article
Publication Date May 31, 2017
Journal Frontiers in Psychology
Print ISSN 1664-1078
Electronic ISSN 1664-1078
Publisher Frontiers Media
Peer Reviewed Peer Reviewed
Volume 8
Article Number 891
APA6 Citation Davies, E. M. M., Van der Heijden, B. I. J. M., & Flynn, M. (2017). Job satisfaction, retirement attitude and intended retirement age: a conditional process analysis across workers’ level of household income. Frontiers in psychology Frontiers Research Foundation, 8, https://doi.org/10.3389/fpsyg.2017.00891
DOI https://doi.org/10.3389/fpsyg.2017.00891
Keywords Older workers; Intended retirement age; Job satisfaction; Retirement attitude
Publisher URL https://www.frontiersin.org/articles/10.3389/fpsyg.2017.00891/full

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Copyright Statement
Copyright © 2017 Davies, Van der Heijden and Flynn. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution
or reproduction is permitted which does not comply with these terms.





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