Job satisfaction declines before retirement in Germany

Job satisfaction has been found to increase with age. However, we still have a very limited understanding of how job satisfaction changes as people approach retirement. This is important as the years before retirement present specific challenges for older workers. We employed a time-to-retirement approach to investigate (i) mean levels of change in job satisfaction in the decade before retirement, and (ii) social inequalities and interindividual differences in change in pre-retirement job satisfaction. Data were drawn from the German Socioeconomic Panel Study (n = 2595). Latent growth curve modeling revealed that job satisfaction declined slightly as people approached retirement, with steeper declines in the very last years before retirement. However, the mean-level decline was very small. Education, age, health, region, marital status, and historical time, but not gender or caregiving mattered for level and change in job satisfaction before retirement. The findings demonstrate the importance of taking a time-to-retirement approach when examining experiences of older workers.

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Publication Details

Journal
European Journal of Ageing
Published
2024-11-11
DOI
https://doi.org/10.1007/s10433-024-00830-0
Citations
4
Primary Topic
Retirement, Disability, and Employment
Type
article
Field-Weighted Citation Impact
6.83

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article

Job satisfaction declines before retirement in Germany

Georg Henning, Martin Hyde, Graciela Muñiz‐Terrera, Andreas Stenling
4 citations
European Journal of Ageing
Retirement, Disability, and Employment
6.83
article

Job satisfaction declines before retirement in Germany

Georg Henning, Martin Hyde, Graciela Muñiz‐Terrera, Andreas Stenling
article en
4 citations

Abstract

Job satisfaction has been found to increase with age. However, we still have a very limited understanding of how job satisfaction changes as people approach retirement. This is important as the years before retirement present specific challenges for older workers. We employed a time-to-retirement approach to investigate (i) mean levels of change in job satisfaction in the decade before retirement, and (ii) social inequalities and interindividual differences in change in pre-retirement job satisfaction. Data were drawn from the German Socioeconomic Panel Study (n = 2595). Latent growth curve modeling revealed that job satisfaction declined slightly as people approached retirement, with steeper declines in the very last years before retirement. However, the mean-level decline was very small. Education, age, health, region, marital status, and historical time, but not gender or caregiving mattered for level and change in job satisfaction before retirement. The findings demonstrate the importance of taking a time-to-retirement approach when examining experiences of older workers.

European Journal of AgeingVol. 21(1)
University of Leicester (GB), University of Agder (NO), Alzheimer Scotland (GB), German Centre of Gerontology (DE), Ohio University (US), UK Dementia Research Institute (GB), Umeå University (SE)
Deutsche Forschungsgemeinschaft
Openalex Percentile: Top 3%
Retirement, Disability, and Employment
6.83
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