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Author: Amanda Sonnega
Publisher:
ISBN:
Category :
Languages : en
Pages : 41
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Book Description
Given the clear benefit for both public and private finances of extending work lives, many policymakers are interested in finding and promoting ways to accomplish this objective while balancing concerns for work ability at older ages. At the same time, retirement itself is transforming from a simple transition from full-time work to full and permanent retirement to more of a process, potentially occurring in several stages over a number of years. We consider a set of work transitions at ages when the largest numbers of people are retiring and potentially pursuing different paths to full and permanent retirement. Among workers who transition between occupations, the most common transitions are between those that are closely related. However, even within closely related occupations, there are no large pipelines between any two. By age 62, 57 percent of workers are no longer in the labor force, 26 percent are still in their “career” occupation, and 17 percent have changed from their career occupation to another occupation. Beginning at age 66, however, the percentages in different occupations, which may be bridge employment or unretirement, are very similar to the percentages remaining in career occupations. Occupational changes later in life tend to be accompanied by decreases in hourly earnings, suggesting that if workers are seeking flexible or part-time bridge employment, it may come at a cost.
Author: Amanda Sonnega
Publisher:
ISBN:
Category :
Languages : en
Pages : 41
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Book Description
Given the clear benefit for both public and private finances of extending work lives, many policymakers are interested in finding and promoting ways to accomplish this objective while balancing concerns for work ability at older ages. At the same time, retirement itself is transforming from a simple transition from full-time work to full and permanent retirement to more of a process, potentially occurring in several stages over a number of years. We consider a set of work transitions at ages when the largest numbers of people are retiring and potentially pursuing different paths to full and permanent retirement. Among workers who transition between occupations, the most common transitions are between those that are closely related. However, even within closely related occupations, there are no large pipelines between any two. By age 62, 57 percent of workers are no longer in the labor force, 26 percent are still in their “career” occupation, and 17 percent have changed from their career occupation to another occupation. Beginning at age 66, however, the percentages in different occupations, which may be bridge employment or unretirement, are very similar to the percentages remaining in career occupations. Occupational changes later in life tend to be accompanied by decreases in hourly earnings, suggesting that if workers are seeking flexible or part-time bridge employment, it may come at a cost.
Author: Marco Angrisani
Publisher:
ISBN:
Category :
Languages : en
Pages : 35
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Book Description
This paper studies to what extent job characteristics such as physical and cognitive demands, use of technologies, responsibility, difficulty, stress, and social interaction are related to full or partial retirement. We study employment transitions and retirement expectations of older workers by exploiting the wealth of information about individuals over the age of 50 in the Health and Retirement Study (HRS) and characteristics of different occupations provided by the Occupation Information Network (O*NET) database. Controlling for basic demographics, wages, benefits, health, cognitive ability, personality, and other personal characteristics, we find strong and statistically significant relationships between labor force transitions and job characteristics. These relationships are typically more pronounced and more precisely estimated when we use objective job attributes taken from the O*NET than when we use self-reported job characteristics taken from the HRS. Self-reported characteristics are more strongly related to moves from full-time to part-time employment. Similar patterns are observed when we use retirement intentions (distance from planned retirement and subjective probabilities of working full-time at older ages) as dependent variable. Our findings indicate potential factors that may affect predicted retirement patterns and suggest alternative ways to individuals' attachment to the labor force.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 2
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Book Description
Author: David Lain
Publisher: Policy Press
ISBN: 1529215005
Category : Business & Economics
Languages : en
Pages : 214
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Book Description
This collection explores a variety of job transitions for older people, including voluntary job moves, coming out of unemployment, temporary labour and passages into retirement. Each chapter hears the voices of older workers and employers, and is positioned within the context of various European countries, with important lessons for future policy.
Author: Marco Angrisani
Publisher:
ISBN:
Category :
Languages : en
Pages : 37
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Book Description
This paper studies to what extent job characteristics such as physical and cognitive demands, use of technologies, responsibility, difficulty, stress, peer pressure, and relations with co-workers are related to full or partial retirement. We study employment transitions and retirement expectations of older workers by exploiting the wealth of information about individuals older than age 50 in the Health and Retirement Study (HRS), and characteristics of different occupations provided by the Occupation Information Network (O*NET) database. Controlling for basic demographics, wages, benefits, health, cognitive ability, personality, and other personal characteristics, we find strong and statistically significant relationships between labor force transitions and job characteristics. These relationships are typically more pronounced and more precisely estimated when we use objective job attributes taken from the O*NET than when we use self-reported job characteristics taken from the HRS, but self-reported characteristics are more strongly related to moves from full-time to part-time employment. Using expected retirement age or subjective probabilities of working full-time at older ages gives similar results to using actual labor force transitions as the dependent variable. The estimated effects of job characteristics are again stronger and more robust to alternative specifications when measures of job attributes are taken from the O*NET than from the HRS. Our findings suggest that nonmonetary job characteristics are important determinants of labor supply decisions at older ages, but our analysis is still preliminary in its attempt to uncover causal relationships: Unobservable individual characteristics responsible for sorting into specific occupations may also shape retirement decisions.
Author: Anita Atwal
Publisher: John Wiley & Sons
ISBN: 1118556143
Category : Medical
Languages : en
Pages : 292
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Book Description
This book locates older people as major clients of occupational therapy services. It provides a comprehensive resource for students and a basic working reference for clinicians. The book encompasses current theories, debates and challenges which occupational therapists need to engage in if they are to provide pro-active and promotional approaches to ageing. Detailed coverage of bodily structures, functions and pathologies leads onto chapters dedicated to activity, occupation and participation. The ethos of the book is to inspire innovation in the practice of occupational therapy with older people, promoting successful ageing that entails control and empowerment. This new edition has been fully revised and updated. In addition brand new material has been included on occupational transitions (retirement, frailty and end of life); user perspectives; public health including advocacy, enablement and empowerment; people entering old age with disability and mental health conditions; visual impairment; assistive technology driving and ageism.
Author: Marco Angrisani
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
We study whether individuals with different personality traits systematically exhibit different retirement trajectories. We find weak direct associations between personality and employment transitions. On the other hand, personality does contribute indirectly to these transitions by moderating the effects of non-monetary job characteristics. Specifically, workers with different traits are observed to follow different retirement paths when faced with similar physical demands, computer skills requirements, job flexibility, and age discrimination in the workplace. Contrary with other economic domains, conscientiousness does not have the strongest association with retirement; the other components of the Big Five personality traits show more salient patterns.
Author: Marco Angrisani
Publisher:
ISBN:
Category :
Languages : en
Pages : 32
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Book Description
We study whether individuals with different personality traits systematically exhibit different retirement trajectories. We find weak direct associations between personality and employment transitions. On the other hand, personality does contribute indirectly to these transitions by moderating the effects of non-monetary job characteristics. Specifically, workers with different traits are observed to follow different retirement paths when faced with similar physical demands, computer skills requirements, job flexibility and age discrimination in the workplace. Contrary to other economic domains, conscientiousness does not have the strongest association with retirement; the other components of the Big Five personality traits show more salient patterns.
Author: Chris Phillipson
Publisher:
ISBN: 1861344570
Category : Social Science
Languages : en
Pages : 32
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Book Description
This report provides a detailed overview of the various transitions affecting people in their 50s and beyond. It challenges calls for an upward revision of retirement ages, arguing that paid employment is neither a feasible nor an attractive option for an increasing proportion of women and men moving into their fifties and beyond. Transitions from work to retirement:·[vbTab]brings together diverse empirical and theoretical studies to assess changes in the life course;·[vbTab]includes a special analysis of the British Household Panel Survey to support its findings;·[vbTab]summarises important research from the US and Europe as well as the UK;·[vbTab]provides important recommendations on managing work and retirement for those involved in social and public policy.The report is aimed at all those involved in debates about the future of work and retirement. Transitions after 50 seriesPeople are living longer, yet increasingly are leaving working life well before the state retirement age. The Joseph Rowntree Fountain programme, Transitions after 50, explores people's experiences, decisions and constraints as they pass from active labour market participation in their middle years towards a new identity in later life. Reports in this series look in particular at issues about work, income and activities beyond work during this period of transition.For other titles in this series, please follow the series link from the main catalogue page.
Author: Edward A. Powers
Publisher: Springer Science & Business Media
ISBN: 9400949782
Category : Social Science
Languages : en
Pages : 196
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Book Description
That there is diversity in the work and retirement behaviors and at titudes of our small-town respondents is obvious. Thus, attempts to legislate broad solutions to problems of Social Security and other factors of most interest to older persons can be assured of having both supporters and detractors among the elderly in rural settings as well as among other age groups. Within the diversity observed, how ever, are some results requiring further attention. The relatively positive adjustment to not working of the retired men in the study bodes well for those expecting to leave the work force in the next few years. This positive adjustment mirrors that observed in several other recent studies, of course. Still, those not making positive adjustments must be considered; they will continue to require the attention of various support services so that attempts to solve their problems will be successful. Equally significant is the fact that no clear picture of the work and retirement orientation of these rural men emerged. On the one hand, they were remaining in the labor force slightly longer than men in urban 67 68 LATER LIFE TRANSITIONS samples and the job satisfaction and preferred retirement age for men still working had increased over the decade. On the other hand, the value placed on work had decreased, attitudes toward retirement had become more positive, and the men were more work than non work oriented.
