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Early retirement among registered nurses: contributing factors.
Judith A Blakeley1, Violeta E S Ribeiro
1School of Nursing, Memorial University of Newfoundland, St John's, NL, Canada. jblakele@mun.ca
Journal of Nursing Management
|January 24, 2008
Summary
Many nurses plan early retirement, impacting the workforce. Understanding their reasons and desired incentives is crucial for developing effective nurse retention strategies.
Area of Science:
- Nursing Workforce Dynamics
- Healthcare Human Resources Management
Background:
- The nursing profession faces a critical shortage due to increasing early retirements.
- Early retirement among nurses exacerbates existing workforce depletion.
Purpose of the Study:
- To investigate factors compelling nurses toward early retirement.
- To identify incentives that could promote longer employment durations for nurses.
Main Methods:
- A questionnaire survey was distributed to 200 nurses aged 45+ in Newfoundland and Labrador.
- Statistical analysis, including t-tests with Bonferroni correction, compared responses from staff nurses and nurse managers/educators/researchers.
Main Results:
- 71% of the 124 respondents intended to retire by age 60.
- Significant differences were observed between staff nurses and other groups regarding reasons for leaving (2 factors) and incentives to stay (5 factors).
Conclusions:
- Study findings offer valuable insights for healthcare organizations and government bodies.
- Data can inform the development of targeted retention strategies to mitigate future nursing shortages.