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Published on: September 16, 2015
Job satisfaction declines before retirement in Germany
Georg Henning1, Graciela Muniz-Terrera2,3, Andreas Stenling4,5
1German Centre of Gerontology, Manfred-von-Richthofen-Straße 2, 12101, Berlin, Germany. georg.henning@dza.de.
Job satisfaction slightly declines before retirement, with steeper drops in the final years. Factors like education and health influence these changes, highlighting the need for a time-to-retirement perspective for older workers.
Area of Science:
- Gerontology
- Sociology
- Economics
Background:
- Job satisfaction generally increases with age.
- Limited understanding exists regarding job satisfaction changes approaching retirement.
- Pre-retirement years pose unique challenges for older workers.
Purpose of the Study:
- Investigate mean changes in job satisfaction in the decade before retirement.
- Examine social inequalities and interindividual differences in pre-retirement job satisfaction.
- Analyze the impact of a time-to-retirement approach on older worker experiences.
Main Methods:
- Utilized a time-to-retirement approach.
- Analyzed data from the German Socioeconomic Panel Study (n=2595).
- Employed latent growth curve modeling.
Main Results:
- Job satisfaction showed a slight decline approaching retirement.
- Steeper declines in job satisfaction were observed in the final years before retirement.
- Education, age, health, region, marital status, and historical time influenced job satisfaction levels and changes, unlike gender or caregiving.
Conclusions:
- A slight, albeit small, mean-level decline in job satisfaction occurs before retirement.
- Individual differences and social factors significantly impact pre-retirement job satisfaction.
- A time-to-retirement perspective is crucial for understanding older workers' experiences.
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