Factors Influencing Retirement among Older Employees with a Low Occupational Status

By Sophie Hennekam.

Published by The International Journal of Aging and Society

Format Price
Article: Print $US10.00
Published online: July 17, 2014 $US5.00

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 members 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

The International Journal of Aging and Society, Volume 3, Issue 3, July 2014, pp.45-55. Article: Print (Spiral Bound). Published online: July 17, 2014 (Article: Electronic (PDF File; 353.099KB)).

Dr. Sophie Hennekam

Teacher-Researcher, Human Resource Department, ESC La Rochelle, La Rochelle, France