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Factors Influencing Retirement among Older Employees with a Low Occupational Status

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  • Sophie Hennekam

    (Audencia Business School)

Abstract

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 member 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.

Suggested Citation

  • Sophie Hennekam, 2014. "Factors Influencing Retirement among Older Employees with a Low Occupational Status," Post-Print hal-03232778, HAL.
  • Handle: RePEc:hal:journl:hal-03232778
    DOI: 10.18848/2160-1909/cgp/v03i03/35118
    Note: View the original document on HAL open archive server: https://hal.science/hal-03232778
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    References listed on IDEAS

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    1. Olivier Herrbach & Karim Mignonac & Christian Vandenberghe & Alessia Negrini, 2009. "Perceived HRM practices, organizational commitment, and voluntary early retirement among late-career managers," Post-Print halshs-00492602, HAL.
    2. Buyens, D. & Van Dijk, H. & Dewilde, T. & Vlaminckx, A. & De Vos, A., 2007. "The aging workforce: Perceptions of career ending," Vlerick Leuven Gent Management School Working Paper Series 2007-29, Vlerick Leuven Gent Management School.
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