View in EDS HTML Full Text PDF Full Text

The role of idiosyncratic deals in shaping retirement preferences of older workers: A psychological needs perspective.

Saved in:
Bibliographic Details
Title: The role of idiosyncratic deals in shaping retirement preferences of older workers: A psychological needs perspective.
Authors: Hasselgren Bune, Caroline1 (AUTHOR) caroline.hasselgren@gu.se, Jonsson, Robin1 (AUTHOR)
Source: Career Development Quarterly. Dec2024, Vol. 72 Issue 4, p310-327. 18p.
Subject Terms: *Job satisfaction, *Basic needs, Structural equation modeling, Confirmatory factor analysis, Monetary incentives, Retirement, Retirement age
Abstract: This study examines how idiosyncratic deals (I‐deals) affect older workers' preferred retirement age. Drawing on basic psychological needs theory, we specifically investigate the role of need satisfaction at work in explaining this relationship. By means of confirmatory factor analysis (CFA) and structural equation modeling (SEM), our hypotheses were tested in a sample of 4234 employees aged 65 years or older in a large public‐sector organization in Sweden. The findings suggest that employees with negotiated I‐deals concerning schedule flexibility or financial incentives experienced greater need satisfaction and preferred to retire later than those without such deals. Additionally, task and work responsibility deals were shown to directly and positively predict retirement preferences. This study offers new insights into how I‐deals could delay the preferred retirement by fulfilling basic psychological needs. It may thereby inform interventions to increase need satisfaction at work and the implementation of policies for recruiting and retaining older workers. [ABSTRACT FROM AUTHOR]
Copyright of Career Development Quarterly is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Education Research Complete
Full text is not displayed to guests.
FullText Links:
  – Type: pdflink
Text:
  Availability: 1
Header DbId: ehh
DbLabel: Education Research Complete
An: 181260169
AccessLevel: 6
PubType: Academic Journal
PubTypeId: academicJournal
PreciseRelevancyScore: 0
IllustrationInfo
Items – Name: Title
  Label: Title
  Group: Ti
  Data: The role of idiosyncratic deals in shaping retirement preferences of older workers: A psychological needs perspective.
– Name: Author
  Label: Authors
  Group: Au
  Data: <searchLink fieldCode="AR" term="%22Hasselgren+Bune%2C+Caroline%22">Hasselgren Bune, Caroline</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> caroline.hasselgren@gu.se</i><br /><searchLink fieldCode="AR" term="%22Jonsson%2C+Robin%22">Jonsson, Robin</searchLink><relatesTo>1</relatesTo> (AUTHOR)
– Name: TitleSource
  Label: Source
  Group: Src
  Data: <searchLink fieldCode="JN" term="%22Career+Development+Quarterly%22">Career Development Quarterly</searchLink>. Dec2024, Vol. 72 Issue 4, p310-327. 18p.
– Name: Subject
  Label: Subject Terms
  Group: Su
  Data: *<searchLink fieldCode="DE" term="%22Job+satisfaction%22">Job satisfaction</searchLink><br />*<searchLink fieldCode="DE" term="%22Basic+needs%22">Basic needs</searchLink><br /><searchLink fieldCode="DE" term="%22Structural+equation+modeling%22">Structural equation modeling</searchLink><br /><searchLink fieldCode="DE" term="%22Confirmatory+factor+analysis%22">Confirmatory factor analysis</searchLink><br /><searchLink fieldCode="DE" term="%22Monetary+incentives%22">Monetary incentives</searchLink><br /><searchLink fieldCode="DE" term="%22Retirement%22">Retirement</searchLink><br /><searchLink fieldCode="DE" term="%22Retirement+age%22">Retirement age</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: This study examines how idiosyncratic deals (I‐deals) affect older workers' preferred retirement age. Drawing on basic psychological needs theory, we specifically investigate the role of need satisfaction at work in explaining this relationship. By means of confirmatory factor analysis (CFA) and structural equation modeling (SEM), our hypotheses were tested in a sample of 4234 employees aged 65 years or older in a large public‐sector organization in Sweden. The findings suggest that employees with negotiated I‐deals concerning schedule flexibility or financial incentives experienced greater need satisfaction and preferred to retire later than those without such deals. Additionally, task and work responsibility deals were shown to directly and positively predict retirement preferences. This study offers new insights into how I‐deals could delay the preferred retirement by fulfilling basic psychological needs. It may thereby inform interventions to increase need satisfaction at work and the implementation of policies for recruiting and retaining older workers. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Career Development Quarterly is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=ehh&AN=181260169
RecordInfo BibRecord:
  BibEntity:
    Identifiers:
      – Type: doi
        Value: 10.1002/cdq.12363
    Languages:
      – Code: eng
        Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 18
        StartPage: 310
    Subjects:
      – SubjectFull: Job satisfaction
        Type: general
      – SubjectFull: Basic needs
        Type: general
      – SubjectFull: Structural equation modeling
        Type: general
      – SubjectFull: Confirmatory factor analysis
        Type: general
      – SubjectFull: Monetary incentives
        Type: general
      – SubjectFull: Retirement
        Type: general
      – SubjectFull: Retirement age
        Type: general
    Titles:
      – TitleFull: The role of idiosyncratic deals in shaping retirement preferences of older workers: A psychological needs perspective.
        Type: main
  BibRelationships:
    HasContributorRelationships:
      – PersonEntity:
          Name:
            NameFull: Hasselgren Bune, Caroline
      – PersonEntity:
          Name:
            NameFull: Jonsson, Robin
    IsPartOfRelationships:
      – BibEntity:
          Dates:
            – D: 01
              M: 12
              Text: Dec2024
              Type: published
              Y: 2024
          Identifiers:
            – Type: issn-print
              Value: 08894019
          Numbering:
            – Type: volume
              Value: 72
            – Type: issue
              Value: 4
          Titles:
            – TitleFull: Career Development Quarterly
              Type: main
ResultId 1