Business: Organizational Behaviour/Human Resource Management (OB/HRM) Area
Research Tidbit: Making Decisions for Post-Retirement Employment
New Research from Dr. Yujie (Jessie) Zhan (OB/HRM)
Are you a retiree considering going back to workplace? Are you a manager trying to retain your retirees in order to help maintain critical talent and achieve successful knowledge transfer to younger employees?
New research from Dr. Yujie Zhan (Wilfrid Laurier University), Dr. Mo Wang (University of Florida), and Dr. Xiang Yao (Peking University) helps identify factors that may influence older workers’ decisions for post-retirement employment (i.e., bridge employment).
This research specifies different options for retirees in making a bridge employment decision depending on whether a retiree chooses to work in the same career field and whether a retiree chooses to work with the same employer. These decisions are driven by retirees’ commitment toward career and retirees’ commitment toward organization. However, not all retirees have the ability to choose or decide at will which type of bridge employment to participate. For retirees under financial pressure, they are limited by realistic constraints and less able to carry out a preferred path of action in bridge employment decision making.
As the workforce is aging and many older workers will gravitate towards opportunities of continued employment after retirement, organizations may want to identify those employees who are most likely to be retained as valued assets. This research provides evidence for the importance of nurturing older workers’ organizational commitment, as well as being aware of the contextual constraints different workers might face in making employment decisions.
For more information about this research, please contact Dr. Yujie (Jessie) Zhan (firstname.lastname@example.org).
The full article is in press at the European Journal of Work and Organizational Psychology.
Zhan, Y., Wang, M., & Yao, X. (in press). Domain specific effects of commitment on bridge employment decisions: The moderating role of economic stress. European Journal of Work and Organizational Psychology.