The Bridge to Retirement: Older Workers’ Engagement in Post-Career Entrepreneurship and Wage-and-Salary Employment
Abstract
Older workers’ choice of bridging employment (self-employment and wage-and-salary employment) was surveyed. Health status was found to be the only shared factor positively influencing both work commitment and the intention to work. Other than the aforementioned, those choosing entrepreneurship or wage-and-salary employment exhibited different demographics and answered dissimilar psycho-social needs. In terms of demographics, self-employed older workers included more unmarried, female respondents, whereas significantly more married males occupied wage-and-salary positions. In terms of psycho-social factors, the commitment and intention to work in the self-employed were significantly associated with responding to needs for personal fulfilment and independence. In contrast, those choosing wage-and-salary employment were significantly responding to needs for generativity, continued contribution, work connection and new experiences.
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A Canadian study stressed that health was the only shared factor positively influencing both work commitment and the intention to work.
“The importance of health was also stressed in a Canadian study to be the only shared factor positively influencing both work commitment and the intention to work [26].”
From A scoping review of the incentives for a prolonged work life after pensionable age and the importance of "bridge employment" (2018) · cites this paper as [26]
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- Authors
- Kerr, G., & Armstrong-Stassen, M.
- Affiliations
- Gerry Kerr is Associate Professor of Strategy and Entrepreneurship
- Marjorie Armstrong-Stassen is Professor Emeritus, both at Odette School of Business, University of Windsor, Ontario, Canada
- Venue
- The Journal of Entrepreneurship
- Publisher
- SAGE Publications
- Published
- 2011-01-17
- Volume
- 20
- Issue
- 1
- Pages
- 55-76
- ISSN
- 0971-3557 (ISSN-L)
- 0973-0745
- OpenAlex
- W1966416124
- Cited by
- 115
- References
- 42
- Citations by year
- 2026: 4 · 2025: 5 · 2024: 8 · 2023: 10 · 2022: 6 · 2021: 14 · 2020: 11 · 2019: 14 · 2018: 6 · 2017: 10 · 2016: 9 · 2015: 9 · 2014: 3 · 2013: 3 · 2012: 3
- FWCI
- 7.95
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- The Journal of Entrepreneurship (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Demography › Retirement, Disability, and Employment
- Social Sciences › Business, Management and Accounting › Accounting › Financial Literacy, Pension, Retirement Analysis
- Social Sciences › Psychology › Neuropsychology and Physiological Psychology › Aging and Gerontology Research
- Keywords
- older workers, retirement, self-employment, work commitment, health status, psychosocial needs, entrepreneurship, generativity, self-realization, independence
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