Article

Generational Differences in Older Workers and Retirement

Jesse Erdheim and Michael A. Lodato

in The Oxford Handbook of Retirement

Published in print October 2012 | ISBN: 9780199746521
Published online November 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199746521.013.0167

Series: Oxford Library of Psychology

Generational Differences in Older Workers and Retirement

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This chapter discusses generational differences in individual attributes between baby boomers and Gen Xers and provides proposed linkages between those differences and specific retirement processes. Time-lagged multigenerational research suggests that differences exist, on average, in personality characteristics, work values, and mental health variables between baby boomers and Gen Xers. We postulate that these differences in individual attributes will lead to generational differences in the accepting of early retirement incentives, deciding whether to retire early, and taking a bridge position. Implications for the study of generational differences are discussed, along with practical strategies for human resource managers to retain retirement-eligible and near-retirement-eligible employees.

Keywords: retirement; retirement processes; generational differences; baby boomers; Generation X

Article.  10979 words. 

Subjects: Psychology ; Organizational Psychology ; Social Psychology

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