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- Title
PREDICTING RETIREMENT UPON ELIGIBILITY: AN EMBEDDEDNESS PERSPECTIVE.
- Authors
BAMBERGER, PETER A.; BACHARACH, SAMUEL B.
- Abstract
Concern over the impact of baby-boomers' retirement on needed skills and proprietary knowledge has stimulated an interest in identifying workplace factors associated with retirement upon eligibility. Drawing from embeddedness theory, the authors identify work-based antecedents potentially underlying a related, but distinct, form of withdrawal- retirement upon eligibility. The authors generate and test hypotheses regarding the impact of fit-, sacrifice-, and links-related antecedents using a prospective study design and a national probability sample of some 500 older individuals who, at the time of the initial interview, were within months of becoming-for the first time-eligible to receive such benefits. The findings indicate that, beyond the effects of person-based antecedents (e.g., age, health, assets, expected retirement income), a combination of fit- (i.e., job challenge), sacrifice- (i.e., perceived organizational support), and links-related factors (i.e., stability of close workplace peer relations) have a substantial influence on the decision to retire upon eligibility.
- Subjects
HYPOTHESIS; AGE distribution; ANALYSIS of variance; ASSETS (Accounting); BABY boom generation; STATISTICAL correlation; DECISION making; EPIDEMIOLOGY; HEALTH status indicators; INCOME; INTERVIEWING; JOB descriptions; LONGITUDINAL method; RESEARCH funding; RETIREMENT; STATISTICAL sampling; SOCIAL security; WORK environment; LOGISTIC regression analysis; AFFINITY groups; ELIGIBILITY (Social aspects); DATA analysis; PREDICTIVE tests; REPEATED measures design; STATISTICAL models; DESCRIPTIVE statistics
- Publication
Human Resource Management, 2014, Vol 53, Issue 1, p1
- ISSN
0090-4848
- Publication type
Article
- DOI
10.1002/hrm.21548