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KMID : 1023720150670010107
Journal of Welfare for the Aged
2015 Volume.67 No. 1 p.107 ~ p.132
Factors affecting on the Willingness of Re-employment among Babyboomers
Kim Soo-Young

Chang Su-Jie
Lee Jae-Jung
Moon Kyung-Joo
Abstract
In Korea, people belonging to baby boom generation could not concentrate on preparing their own late adulthood, even though they were equipped with higher level of education and technical skill. This is a cohort characteristics associated with the baby boom generation. Furthermore, the present early-retirement system plays a key role in deterring continuous employment. Therefore, re-employment becomes a pre-requisite for economic independence in late adulthood because income security is a required option to lead a communal life for the baby boom generation. The previous research has focused on secondary data analysis, which showed limitations to understand specific needs and characteristics of the baby boomers with job careers. The major purpose of this study is to suggest a plausible pathway to reach re-employment through finding out major factors to improve re-employment of the baby boomers. For this purpose, self-administrated questionnaires were collected from two hundred nine baby boomers, who was born between 1955 and 1963. Descriptive statistics and logistic regression analysis were employed for data analysis. Our data suggested the following factors contributed to increase willingness to re-employment for the baby boomers£ºyounger age, short time period after retirement, having job career with technical service, temporary or daily employment status, being male, maintaining healthy status, belonging to lower economic status, participating self development type of social activities, and inactive in participating social activities. These findings supported a tendency that demographic characteristics, the previous employment conditions, and the type and level of social activities determined differential degrees of willingness to re-employment. Finally, major findings in this study can provide an empirical basis to establish an employment policy for the baby-boomers, who face with a massive retirement, and upcoming re-employment.
KEYWORD
babyboom generation, retirement, re-employment
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