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Working time preferences and early and late retirement intentions
Anne M Wöhrmann1, Corinna Brauner1, Alexandra Michel1
1Division 1 Policy Issues and Programmes, Federal Institute for Occupational Safety and Health (BAuA), Dortmund, Germany.
Abstract:
Career decisions are based on the fit between an individual and his/her environment. This study explores the effect of person-environment fit regarding actual and preferred weekly working hours on early and late retirement intentions in a sample of 7,859 employees aged 50 to 65 years of age living in Germany. Findings from multinomial logistic regression analysis show that a preferred decrease in working hours was associated with an increased risk for early retirement compared to regular retirement intentions (OR = 1.82). A preferred increase in working hours was associated with higher odds for a late career (OR = 1.87).
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