PSY BEH 101D Lecture Notes - Lecture 85: Baby Boomers, Job Satisfaction, Job Performance

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School of Psychology
PSY BEH 101D
LifeSpan Development
Summer Session
4 units
No Pre-reqs
Notes
Lecture: Work in Late Adulthood
o Work in Late Adulthood:
Cognitive ability is one of the best predictors of job performance in
older adults. Older workers have lower rates of absenteeism,
fewer accidents, and increased job satisfaction compared with
their younger counterparts. Thus, older workers can be of
considerable value to a company, above and beyond the older
worker’s cognitive compentence.
Changes in federal law now allow individuals over the age of 65 to
continue working.
Substantively complex work is linked with a higher level of
intellectual functioning
A recent study found that working in an occupation with a high
level of mental demands was linked to higher levels of cognitive
functioning before retirement and a slower rate of cognitive
decline after retirement.
Summary: a cognitively stimulating work context promotes
succesfful aging.
Retirement
o Retirement in the US and other Countries:
Retirmeent exists largely thanks to implementation of 1935 Social
Security system, gives benefits to older workers when they retire.
Todays worker will spend 10-15% of their lives in retirement.
Baby boomers move into their sixties, they expect to delay
retirement longer than their parents or grandparents did.
Average age is 64 for men and 62 for women.
Some don’t retirethey continue in their careers
Some retire from their career work and then take up a new
and diff job
Some retire form career jobs but do volunteer work
Some retire form a postretirement job and go on to yet
another job
Some move in and out of the workforce so they never really
have a career job fro which they retire
Some who are in poor health move to a disability status and
eventually into retirement
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Document Summary

Lecture: work in late adulthood: work in late adulthood: Notes: cognitive ability is one of the best predictors of job performance in older adults. Older workers have lower rates of absenteeism, fewer accidents, and increased job satisfaction compared with their younger counterparts. Retirement succesfful aging: retirement in the us and other countries, retirmeent exists largely thanks to implementation of 1935 social. Some retire from their career work and then take up a new. Some retire form career jobs but do volunteer work. Some retire form a postretirement job and go on to yet. Some don"t retire they continue in their careers have a career job fro which they retire. Some move in and out of the workforce so they never really. Some who are in poor health move to a disability status and eventually into retirement another job and diff job. Percent workers who reported they expect to retire after age 65 grew to 37%: two main financial worries:

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