Volume 36, Issue 2 (summer 2023)
JMDP 2023, 36(2): 89-122 |
Back to browse issues page
Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:
Nakhaeinejad M, Jam A, Mirajalili M M. (2023). Analyzing the Effects of Retirement and Presenting Solutions to Adapt to Them. JMDP. 36(2), 89-122. doi:10.61186/jmdp.36.2.89
URL: http://jmdp.ir/article-1-4647-en.html
URL: http://jmdp.ir/article-1-4647-en.html
1- Department of Industrial Engineering, Faculty of Technology and Engineering, Yazd University, Yazd, Iran. , m.nakhaeinejad@yazd.ac.ir
2- Managing Director of Yazd Province Electricity Distribution Company, Yazd, Iran.
3- Director of Research Office of Yazd Province Electricity Distribution Company, Yazd, Iran.
2- Managing Director of Yazd Province Electricity Distribution Company, Yazd, Iran.
3- Director of Research Office of Yazd Province Electricity Distribution Company, Yazd, Iran.
Abstract: (1520 Views)
Purpose: The objective of this paper was to study the impacts of retirement on retirees and to propose solutions to help them adapt to the new conditions. To achieve this goal, a case study was conducted in the Yazd Electricity Distribution Company (YEDC).
Methodology: The initial step of our research methodology involved identifying the challenges and issues that contribute to individuals' reluctance to retire. Subsequently, based on the identified challenges, solutions for retirement adjustment were proposed. The factors relevant to both challenges and solutions were derived from comparable work samples and extensive consultations with YEDC personnel. Finally, by applying statistical analysis on each dimension and sub-dimension, the effects of retirement and the solutions for adapting to retirement phase were examined.
Findings: This research presents and a comparison among the perspectives of individuals with different genders, diverse organizational positions, and varied service records. Additionally, it ranks the impacts of retirement and offers solutions to adapt to it based on the average opinions of the respondents.
Originality: Presenting retirement factors in two categories of effects and solutions, together with an investigation into the differences in the personnels’ views across various positions through statistical analysis were the two contributions of this research.
Implications: The ranking of retirement adaptation effects and solutions enables the YEDC to try to prioritize the allocation of time and resources, ensuring that the identified solutions are implemented as efficiently as possible. Furthermore, other organizations can effectively address the challenges faced by their retirees by emulating the approach outlined in this research.
Methodology: The initial step of our research methodology involved identifying the challenges and issues that contribute to individuals' reluctance to retire. Subsequently, based on the identified challenges, solutions for retirement adjustment were proposed. The factors relevant to both challenges and solutions were derived from comparable work samples and extensive consultations with YEDC personnel. Finally, by applying statistical analysis on each dimension and sub-dimension, the effects of retirement and the solutions for adapting to retirement phase were examined.
Findings: This research presents and a comparison among the perspectives of individuals with different genders, diverse organizational positions, and varied service records. Additionally, it ranks the impacts of retirement and offers solutions to adapt to it based on the average opinions of the respondents.
Originality: Presenting retirement factors in two categories of effects and solutions, together with an investigation into the differences in the personnels’ views across various positions through statistical analysis were the two contributions of this research.
Implications: The ranking of retirement adaptation effects and solutions enables the YEDC to try to prioritize the allocation of time and resources, ensuring that the identified solutions are implemented as efficiently as possible. Furthermore, other organizations can effectively address the challenges faced by their retirees by emulating the approach outlined in this research.
Keywords: Retirement, Adaptation, Effects, Solution, Statistical Analysis, Electricity Distribution.
Type of Study: Research |
Subject:
Ethics & Administrative Integrity
Received: Jun 22 2023 | Accepted: Aug 26 2023 | ePublished: Nov 11 2023
Received: Jun 22 2023 | Accepted: Aug 26 2023 | ePublished: Nov 11 2023
References
1. Alavi, Z., Alipour, F., & Rafiey, H. (2021). Psychosocial Issues of Retirement in Iran: A Qualitative Study. Salmand: Iranian Journal of Ageing, 15(4), 396-409. [In Farsi] [DOI:10.32598/sija.15.4.2879.1]
2. Amorim, S. M., & De Freitas Pinho França, L. H. (2022). Health, Financial and Social Resources as Mediators to the Relationship between Planning and Satisfaction in Retirement. Current Psychology, 41(6), 3510-3524. [DOI:10.1007/s12144-020-00836-8]
3. Aslim, E. G. (2019). The Relationship between Health Insurance and Early Retirement: Evidence from the Affordable Care Act. Eastern Economic Journal, 45(1), 112-140. [DOI:10.1057/s41302-018-0115-8]
4. Bairoliya, N. (2019). Pension Plan Heterogeneity and Retirement Behavior. European Economic Review, 116(1), 28-59. [DOI:10.1016/j.euroecorev.2019.03.005]
5. Boissonneault, M., & de Beer, J. (2018). Work Ability Trajectories and Retirement Pathways: A Longitudinal Analysis of Older American Workers. Journal of Occupational and Environmental Medicine, 60(7), e343. [DOI:10.1097/JOM.0000000000001353] [PMID] [PMCID]
6. Bönke, T., Kemptner, D., & Lüthen, H. (2018). Effectiveness of Early Retirement Disincentives: Individual Welfare, Distributional and Fiscal Implications. Labour Economics, 51(1), 25-37. [DOI:10.1016/j.labeco.2017.11.004]
7. Chen, S., & Li, G. (2019). Time-Inconsistent Preferences, Retirement, and Increasing Life Expectancy. Mathematical Problems in Engineering, 2019(1), 1-9. [DOI:10.1155/2019/8681471]
8. Danaeifard, H., Khaef Elahi, A., & Khodashenas, L. (2012). Understanding the Essence of Retirement Experience of Employees in the Public Sector: A Phenomenological Research. Strategic Management Thought, 6(2), 153-176. [In Farsi] [DOI:10.30497/smt.2013.1325]
9. Eshaghi Gorji, M., Kasaei, A., & Mohsenzadeh, F. (2019). Retirement Adjustment Strategies (A Phenomenological Research). Cultural Psychology, 3(1), 147-174. [In Farsi]
10. Froidevaux, A., Hirschi, A., & Wang, M. (2018). Identity Incongruence and Negotiation in the Transition from Work to Retirement: A Theoretical Model. Organizational Psychology Review, 8(4), 228-255. [DOI:10.1177/2041386619830754]
11. Hansson, I., Buratti, S., Johansson, B., & Berg, A. I. (2019). Beyond Health and Economy: Resource Interactions in Retirement Adjustment. Aging & Mental Health, 23(11), 1546-1554. [DOI:10.1080/13607863.2018.1506745] [PMID]
12. Hansson, I., Henning, G., Buratti, S., Lindwall, M., Kivi, M., Johansson, B., & Berg, A. I. (2020). The Role of Personality in Retirement Adjustment: Longitudinal Evidence for the Effects on Life Satisfaction. Journal of Personality, 88(4), 642-658. [DOI:10.1111/jopy.12516] [PMID]
13. Henkens, K., Van Dalen, H. P., Ekerdt, D. J., Hershey, D. A., Hyde, M., Radl, J., Van Solinge, H., Wang, M., & Zacher, H. (2018). What We Need to Know About Retirement: Pressing Issues for the Coming Decade. The Gerontologist, 58(5), 805-812. [DOI:10.1093/geront/gnx095] [PMID]
14. Henning, G., Stenling, A., Bielak, A. A., Bjälkebring, P., Gow, A. J., Kivi, M., Muniz-Terrera, G., Johansson, B., & Lindwall, M. (2021). Towards an Active and Happy Retirement? Changes in Leisure Activity and Depressive Symptoms During the Retirement Transition. Aging & Mental Health, 25(4), 621-631. [DOI:10.1080/13607863.2019.1709156] [PMID]
15. Henning, G., Stenling, A., Tafvelin, S., Hansson, I., Kivi, M., Johansson, B., & Lindwall, M. (2019). Preretirement Work Motivation and Subsequent Retirement Adjustment: A Self-Determination Theory Perspective. Work, Aging and Retirement, 5(2), 189-203. [DOI:10.1093/workar/way017]
16. Hurtado, M. D., & Topa, G. (2019). Quality of Life and Health: Influence of Preparation for Retirement Behaviors through the Serial Mediation of Losses and Gains. International Journal of Environmental Research and Public Health, 16(9), 1539. [DOI:10.3390/ijerph16091539] [PMID] [PMCID]
17. Kesavayuth, D., Rosenman, R. E., & Zikos, V. (2020). The Dynamic Effects of Retirement on Well-Being. Applied Economics, 52(54), 5921-5935. [DOI:10.1080/00036846.2020.1781770]
18. Lu, P., & Shelley, M. (2021). Retirement, Pensions, and Depressive Symptoms among Older Adults in China, England, Mexico, and the United States. The International Journal of Aging and Human Development, 92(1), 40-64. [DOI:10.1177/0091415019868227] [PMID] [PMCID]
19. Nobahar, M., Ahmadi, F., Alhani, F., & Fallahi-khosknab, M. (2013). Coping to Retirement: A Review Article. Iranian Journal of Psychiatric Nursing, 1(2), 38-53. [In Farsi] [http://ijpn.ir/article-1-42-en.html]
20. Principi, A., Smeaton, D., Cahill, K., Santini, S., Barnes, H., & Socci, M. (2020). What Happens to Retirement Plans, and Does This Affect Retirement Satisfaction? The International Journal of Aging and Human Development, 90(2), 152-175. [DOI:10.1177/0091415018796627] [PMID]
21. Topa, G., & Pra, I. (2018). Retirement Adjustment Quality: Optimism and Self-Efficacy as Antecedents of Resource Accumulation. Applied Research in Quality of Life, 13, 1015-1035. [DOI:10.1007/s11482-017-9571-2]
| Rights and permissions | |
 |
This work is licensed under a Creative Commons Attribution 4.0 International License. |
