Antecedents of older workers' motives for continuing to work

• Published in: Career development international 2010-01, Vol.15 (5), p.479-500
• Main Authors: Templer, Andrew, Armstrong-Stassen, Marjorie, Cattaneo, Julian
• Format: Article
• Language: English
• Subjects: Age; Aging (Individuals); Business; Career Development; Career satisfaction; Careers; Cross sections; Demographic variables; Demographics; Employment; Financial Needs; Generations; Human resource management; Human Resources; Job satisfaction; Labor Force; Literature Reviews; Methodology; Occupational psychology; Older workers; Policies; Retirement; Self employed workers; Self employment; Statistical analysis; Studies; Workforce
• ISSN: 1362-0436; 1758-6003
• DOI: 10.1108/13620431011075349

Purpose - The purpose of this paper is to identify demographic and work-related antecedents of the motives that influence the decision of older workers to remain in the workforce.Design methodology approach - A cross-sectional study was conducted with three groups of respondents aged 50-70 years: those in their career job (n=395); those employed in a bridge job (n=195); and those who were self-employed (n=174).Findings - In general, the demographic variables (age, gender, marital status) predicted the financial motive for continuing to work whereas the work-related variables (work centrality, career satisfaction, and perceived contribution perceived reward of owning one's own business) predicted the work fulfillment and generativity motives. However, the pattern of relationships differed across the three groups of older workers.Research limitations implications - The three groups could not be directly compared because of differences in some of the measures. Only one variable, work centrality, was a significant predictor across all three groups, suggesting that instead of seeking to identify universal antecedents, the focus of future research should be on identifying antecedents specific to different groups of older workers.Practical implications - To promote the retention of older workers, policies, practices and programs should be customized to the different needs of career, bridge and self-employed individuals.Originality value - Little research exists on the antecedents of older workers' motives for continuing to work. Prior research has either not differentiated among older workers or focused solely on one specific group of older workers.