PSYC 362 Lecture Notes - Lecture 4: Absenteeism, Day Care, Indep
Document Summary
Does not appear to change to age. performance improves with experience yes no job skills decline with age yes none positive no negative none. Older workers have lower rates of turnover, absenteeism, & injuries. Poor health, low income, and unemployment or good health, above-average income, and pension plans. Most likely - white men least likely - women (any race/ethnicity) Women are less likely to plan for investment. Women retire for different reasons for women, retirement may be one of the longest periods of life. Effects of retirement few effects on income, health, activity, or attitude factors for best adjustment: Good health, adequate income, active lifestyle, education, social network, and previous life satisfaction. Busy ethic: transfer work ethic into other productive, useful activities. incomes ~85 - 100% of pre retirement income, but sources change. Ss only source of income for 20% of older adults. (in the u. s. ) Poverty - more common in minorities and women.