Table 3 UNIVARIABLE ANALYSIS of socio-economic and work related variables associated with the intention to completely retire from the workforce for Baby Boomers aged 50+
. | n/N | % | OR | p value |
|---|---|---|---|---|
Current employment status^ | ||||
Full-time employee | 111/407 | 27.3 | 1.00 | |
Part-time employee | 64/208 | 30.9 | 1.19 (0.82 - 1.71) | 0.359 |
Casual or temporary | 18/56 | 31.2 | 1.21 (0.66 - 2.21) | 0.541 |
Self-employed | 17/141 | 12.2 | 0.37 (0.21 - 0.64) | <0.001 |
Occupation | ||||
Managers/Professionals | 60/280 | 21.3 | 1.00 | |
Technicians/Trades Workers | 18/99 | 18.4 | 0.83 (0.46 - 1.49) | 0.538 |
Community and Personal Service Workers/Clerical and Administrative Workers | 64/254 | 25.1 | 1.24 (0.83 - 1.86) | 0.293 |
Sales Workers | 28/63 | 44.3 | 2.94 (1.66 - 5.21) | <0.001 |
Machinery Operators and Drivers/Labourers | 40/110 | 36.3 | 2.11 (1.30 - 3.42) | 0.002 |
Type of workplace | ||||
Government agency | 63/224 | 27.9 | 1.00 | |
A not-for-profit, religious, or community organisation | 17/53 | 31.3 | 1.18 (0.62 - 2.26) | 0.619 |
A private sector business | 130/531 | 24.4 | 0.84 (0.59 - 1.19) | 0.319 |
Size of workplace | ||||
Small | 42/173 | 24.0 | 1.00 | |
Medium | 40/151 | 26.5 | 1.14 (0.69 - 1.88) | 0.613 |
Large | 122/403 | 30.4 | 1.38 (0.92 - 2.07) | 0.123 |
Number of hours work per week | ||||
40 or less hours | 163/558 | 29.2 | 1.00 | |
More than 40 hours | 48/254 | 18.7 | 0.56 (0.39 - 0.80) | 0.002 |
How much thought about own retirement | ||||
A lot | 124/363 | 34.1 | 1.00 | |
Moderately | 59/354 | 16.7 | 0.39 (0.27 - 0.55) | <0.001 |
Not at all | 28/95 | 29.1 | 0.80 (0.49 - 1.30) | 0.364 |
How much job requires a lot of physical exertion or energy | ||||
All to some of the time | 135/508 | 26.5 | 1.00 | |
Almost none to none of the time | 75/304 | 24.8 | 0.91 (0.66 - 1.27) | 0.587 |
General feeling about job as a whole | ||||
Dissatisfied, not sure | 25/108 | 23.0 | 1.00 | |
Satisfied | 185/705 | 26.3 | 1.19 (0.74 - 1.93) | 0.466 |
“Job security is/was poor” | ||||
Agree, not sure | 39/151 | 25.6 | 1.00 | |
Disagree | 172/661 | 26.0 | 1.02 (0.68 - 1.53) | 0.925 |
Have the possibility to work from home | ||||
Yes | 34/196 | 17.3 | 1.00 | |
No | 176/617 | 28.6 | 1.92 (1.28 - 2.90) | 0.002 |
Work interferes with [personal] responsibilities & activities | ||||
Almost always, often, sometimes, rarely | 139/575 | 24.1 | 1.00 | |
Never | 72/238 | 30.1 | 1.36 (0.97 - 1.90) | 0.077 |
Satisfaction with balance between work and life | ||||
Satisfied, neither, not sure | 178/689 | 25.9 | 1.00 | |
Dissatisfied | 32/123 | 25.9 | 1.00 (0.65 - 1.55) | 0.986 |
Overall | 210/812 | 25.9 |