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PERCEIVED HRM PRACTICES,

ORGANIZATIONAL COMMIT-
MENT, AND VOLUNTARY EARLY
RETIREMENT AMONG LATE-
CAREER MANAGERS
OLIVIER HERRBACH, KARIM MIGNONAC, CHRISTIAN
VA N D E N B E R G H E , A N D A L E S S I A N E G R I N I

Using a sample of 514 French late-career managers representing a variety


of occupations and organizations, we investigated the relations among
perceived HRM practices, organizational commitment, and voluntary early
retirement. We found that the provision of training opportunities was asso-
ciated with the most favorable outcomes. It was related to higher affective
and high-sacrifice commitment, lower lack of alternatives commitment, and
reduced voluntary early retirement. On the other hand, we found that flexible
working conditions and the assignment of older workers to new roles (for
example, mentor or coach) did not have the expected positive effects. In ad-
dition, our results highlight the importance of disentangling the components
of continuance commitment, as high-sacrifice commitment was associated
with reduced likelihood of voluntary early retirement, while lack of alterna-
tives commitment had the opposite effect. These findings suggest that vol-
untary early retirement should be incorporated as a major outcome in future
organizational behavior research. © 2009 Wiley Periodicals, Inc.

Keywords: organizational commitment, older workers, early retirement,


HRM practices

ndustrialized countries have undergone aging of the workforce have resulted in com-

I major demographic changes, such as


decreasing birth rates, increased educa-
tion levels, and late entry of younger
generations in the labor market (United
Nations, 2007). The decreasing number of
young people entering the market and the
panies’ increasingly relying on the input of
older workers—those aged 50 and over—
whose proportion in the overall workforce
is expected to grow rapidly (Organisation
for Economic Cooperation and Develop-
ment [OECD], 2006). The current trend calls

Correspondence to: Olivier Herrbach, University of Bordeaux and ESC Rennes School of Business, Institut
d’Administration des Entreprises, 35 avenue Abadie, 33072 Bordeaux Cedex, France, Phone: +33 556 00 97 07,
Fax: +33 556 00 45 66, E-mail: olivier.herrbach@u-bordeaux4.fr

Human Resource Management, November–December 2009, Vol. 48, No. 6, Pp. 895– 915
© 2009 Wiley Periodicals, Inc.
Published online in Wiley InterScience (www.interscience.wiley.com).
DOI: 10.1002/hrm.20321
896 HUMAN RESOURCE MANAGEMENT, NOVEMBER–DECEMBER 2009

for the implementation of appropriate poli- tirement. First, we examined the predictors of
cies and practices that help manage older actual rather than intended early retirement
workers’ careers (Collins, 2003; Crampton, decisions, which to our best knowledge have
Hodge, & Mishra, 1996) and encourage not been investigated in previous research.
them to stay longer in employment (Greller Second, we examined how a set of HRM prac-
& Simpson, 1999). tices that have relevance in the context of
As highlighted by Schmidt and Lee late-career management (training opportuni-
(2008), the extant literature on aging and ties, assignment of new roles, flexible work
retirement is both extensive and informa- conditions, and encouragement to retire
tive, with research that has examined both early) are related to older workers’ organiza-
work and nonwork predictors of early retire- tional commitment, which is an indication
ment intentions (e.g., Beehr, Glazer, Nielson, of their propensity to stay with the organiza-
& Farmer, 2000). Little is known, however, tion as well as of their general attitude toward
about how organizations can proactively dis- it. Third, we explored how the relevant HRM
courage older employees from retiring early, practices and two salient dimensions of
even though conventional wisdom suggests organizational commitment (affective and
that HRM practices represent an important continuance) related to older employees’ vol-
vehicle for managing employees’ untary early-retirement decisions. In the next
motivation to continue working section, we discuss the particularities of the
Little is known, (Kooij, de Lange, Jansen, & Dik- French context in which this study was con-
kers, 2008). Recent research indi- ducted. We then review the relevant litera-
however, about
cates that HRM practices play a ture on HRM practices and organizational
how organizations role in the development of orga- commitment and early retirement, and delin-
nizational commitment and in eate our hypotheses.
can proactively reducing organizational turnover
among employees in general Retirement in the French Context
discourage older
(Allen, Shore, & Griffeth, 2003;
employees from Meyer & Smith, 2000). It also has The French retirement system is based on a
been found that affectively com- so-called repartition model, whereby the cost
retiring early. mitted mature employees tend to of pensions is covered by active workers and
plan to retire later than when it is their employers. Basically, a given percentage
most financially attractive for of each employee’s salary is deducted every
them, whereas employees with high levels of month from his or her paycheck and a given
continuance commitment tend to retire percentage of the employee’s gross salary is
when financial benefits are highest (Luchak, paid by the employer. These amounts are
Pohler, & Gellatly, 2008). This is consistent transferred to a national pension system,
with the nature of these two forms of com- which in turn pays pensions to retirees. Al-
mitment, as affective commitment is based though not actually a governmental depart-
on the “desire” to remain with the organiza- ment but, rather, a private institution run
tion, while continuance commitment is jointly by unions and employers, the pension
based on the “perceived cost” associated institution is subject to strong regulation by
with quitting (Meyer, Allen, & Smith, 1993). the state and has de facto governmentlike
These findings suggest that even if retire- status. It is also mandatory and egalitarian:
ment and turnover represent distinct con- Any salaried employee is affiliated by default
structs or realities (Adams & Beehr, 1998), to the system, individuals’ contributions
organizational commitment and the way it is are proportional to their income, and the
managed can make a difference among older retirement allowance one ultimately receives
workers when it comes to predicting their is proportional to the contributions paid
retirement decisions. during one’s career. Consequently, we can
The objective of this study is to address assume that respondents in our study were
three gaps in the literature on voluntary re- exposed to similar retirement conditions.

Human Resource Management DOI: 10.1002/hrm


PERCEIVED HRM PRACTICES, ORGANIZATIONAL COMMITMENT, AND VOLUNTARY EARLY RETIREMENT 897

Another aspect of the French retirement (providing training opportunities), job con-
system pertains to the meaning of “legal” re- tent changes (assigning older workers to new
tirement age. Although there is an age limit roles), and ergonomic adjustments (offering
to employment (currently 65), it only corre- flexible work conditions) are HRM practices
sponds to the age at which an employer can that could particularly fit older workers’
force employees to retire. This limit is largely needs. Indeed, these practices, though being
irrelevant, however, because more than half important for many if not all employee
the workforce has already retired by the age groups, are particularly relevant to older
of 60 (Eurostat, 2006). The major factor influ- workers. In fact, research has shown that,
encing retirement is the minimal career compared to young employees, older workers
length for an individual to receive a full pen- express stronger needs for seeing their skills
sion allowance (currently, 40 years). The recognized, for being respected by
“legal” age for retirement, therefore, varies coworkers and management, and
and is not binding. If someone does not meet for being involved in continuing Older workers
the 40-year career condition, the pension is education activities (Armstrong- may tie their job
still available, though it will be smaller. This Stassen, 2008; McEvoy & Blahna,
gives people relative freedom in deciding 2001). This suggests that older satisfaction and
when to retire: at “legal” retirement age (that workers may tie their job satisfac-
is, when a full pension allowance can be re- tion and work motivation more work motivation
ceived) or earlier (with a financial penalty). closely to intrinsic aspects of their
more closely to
In the present paper, we are interested in ex- job than is generally thought. Of
plaining voluntary early retirement, that is, course, extrinsic factors, such as intrinsic aspects
the decision made by someone to retire be- financial, health, and family is-
fore “legal age.” sues, may be important as well; of their job than is
however, older workers’ unique
generally thought.
HRM Practices and Organizational needs justify our focus on the pro-
vision of training opportunities,
Commitment Among Older Workers
assignment to new roles, and flexible work
Research has repeatedly shown that HRM conditions as practices that may keep them
practices are related to organizational com- employed.
mitment among employees in general (e.g., Aside from HRM practices that construc-
Allen et al., 2003; Meyer & Smith, 2000; tively address older workers’ needs, some or-
Zacharatos, Hershcovis, Turner, & Barling, ganizations have developed practices directed
2007). According to Wright and Kehoe at reducing personnel costs. In essence, early
(2008), such links are favored by three types retirement plans have been used in the recent
of HRM practices: those aimed at improving past as a strategy to reduce personnel costs
ability, increasing motivation, or providing (Armstrong-Stassen, 2004; Beehr et al., 2000;
opportunity to participate in decision mak- Kiefer & Briner, 1998; Szinovacz & Davey,
ing. Only a few studies have investigated the 2005). Accordingly, research has shown that
role of HRM practices in older workers’ atti- early retirement is often a response to early
tudes, however (e.g., Armstrong-Stassen & retirement incentives (Hardy & Quadagno,
Schlosser, 2008; Kiefer & Briner, 1998; Mau- 1995; Shultz, Morton, & Weckerle, 1998; Tay-
rer & Rafuse, 2001; Saba & Guerin, 2005). As lor & Shore, 1995). Thus, encouragement of
this category of workers is likely to have spe- early retirement is a practice that primarily
cific needs, the ability of HRM practices to be addresses organizations’ need for reducing
associated with older workers’ commitment personnel costs.
may depend on the extent to which such The present study examines how provid-
practices specifically address them (Peterson ing training opportunities, assigning older
& Spiker, 2005). workers to new roles, offering flexible work
In that respect, Kooij et al. (2008) sug- conditions, and encouraging early retire-
gested that continuing career development ment relate to older workers’ organizational

Human Resource Management DOI: 10.1002/hrm


898 HUMAN RESOURCE MANAGEMENT, NOVEMBER–DECEMBER 2009

commitment. Two forms of commitment needs replication among older workers, how-
are considered: affective and continuance ever.
commitment. Affective commitment—an
employee’s emotional attachment to, iden-
Training Opportunities
tification with, and involvement in the or-
ganization (Meyer & Allen, 1991)—is Rapid technological growth and changes in
thought to be influenced by HRM practices the labor market have required workers
that provide employees with a sense of sup- constantly to develop new skills, maintain
port and fair treatment (Allen et al., 2003) flexibility, and adapt to new working condi-
and enhance their feeling of personal im- tions (Maurer & Rafuse, 2001). Yet although
portance and competence (Meyer & Allen, it is necessary to allow all employees to get
1991). Continuance commitment is also access to training, previous research sug-
thought to be salient among older workers gests that training opportunities are not al-
(Luchak et al., 2008). The personal costs ways distributed in a fair and equitable way
that would result from leaving the organiza- (e.g., Barth, McNaught, & Rizzi, 1993; Saba
tion (high-sacrifice commitment) and the & Guerin, 2005). Indeed, a smaller amount
perceived unavailability of employment al- of training is offered to workers age 55-plus
ternatives (lack of alternatives commit- (Barth et al., 1993; Simon, 1996). These dis-
ment), which research has reported to be criminating conditions may decrease com-
distinguishable components of continuance mitment. Conversely, the opportunity to
commitment (e.g., Bentein, Vandenberg, develop skills and competencies may facili-
Vandenberghe, & Stinglhamber, 2005; tate older workers’ commitment (Maurer &
McGee & Ford, 1987), represent important Rafuse, 2001) because the availability of
motives that may influence older workers’ training is a strong signal that the organiza-
decisions to stay in the organization. Older tion is willing to “invest” in its aging work-
workers may, indeed, benefit from advanta- force. Not surprisingly, Meyer and Smith
geous conditions they do not want to give (2000) found that evaluations of career de-
up while experiencing less mobility in the velopment practices, including opportuni-
market. Both components of continuance ties for personal development, were the best
commitment are, thus, relevant for under- predictors of affective commitment among
standing older workers’ membership deci- employees in general. On a related note, it
sions. is likely that older workers would view the
Moreover, apart from their impact on provision of training opportunities as being
retention, both forms of commitment also an important advantage that they would
could have performance implications. In- lose should they decide to leave, thereby
deed, as Meyer, Stanley, Herscovitch, and inducing high-sacrifice commitment. Main-
Topolnytsky (2002) have shown in their taining and/or developing one’s skills is,
meta-analysis, affective commitment (the indeed, highly valued by older workers
“desirable” form) displays the strongest posi- (Kooij et al., 2008). At the same time, older
tive relations with desirable work behaviors, workers who have the opportunity to main-
such as task performance and organizational tain their competencies may develop a bet-
citizenship behavior, whereas continuance ter sense of job security (Ito & Brotheridge,
commitment is unrelated or negatively re- 2005; Sterns, 1986) and may not view their
lated to these behaviors, which led research- continued organizational membership as a
ers to question its relevance for organizations result of a perceived lack of alternatives.
(Suliman & Iles, 2000). People who remain These arguments lead to the following
in their organization because they feel hypotheses:
“trapped” (reflecting high continuance com-
mitment; cf. Meyer et al., 2002) may, thus, Hypothesis 1a: The provision of training oppor-
be low performers. This finding, which has tunities to older workers is positively related to
been reported for employees in general, affective commitment.

Human Resource Management DOI: 10.1002/hrm


PERCEIVED HRM PRACTICES, ORGANIZATIONAL COMMITMENT, AND VOLUNTARY EARLY RETIREMENT 899

Hypothesis 1b: The provision of training oppor- Flexible Working Conditions


tunities to older workers is positively related to
high-sacrifice commitment. Job content changes and the improvement of
the work environment are thought to con-
Hypothesis 1c: The provision of training oppor- tribute to extending the working lives of older
tunities to older workers is negatively related to workers (Schmidt & Lee, 2008; Taylor &
lack of alternatives commitment. Walker, 1998). Similarly, such
practices as flexible scheduling
and phased retirement (Peterson It is, thus, likely
Assignment to New Roles
& Spiker, 2005) can be effective
that managers who
Assigning senior workers to new roles has retention strategies for older work-
been argued to be a way to provide them with ers. This is because, as noted by perceive access
meaningful and interesting work experiences Arrowsmith and McGoldrick
that both value their unique learning styles (1997), older workers generally to new roles (for
and experience (Mirvis & Hall, 1996) and wish for flexible work arrange-
example, trainer,
meet their specific needs (Glass, 1994). For ments that give them more time
instance, assigning older workers to such roles for their private life and help re- mentor, coach, or
as mentor, trainer, or consultant, or assigning duce pressure at work (Atchley,
them to special projects may help transfer 1993; Siegrist, Wahrendorf, von consultant) as part
their know-how and expertise to younger gen- dem Knesebeck, Jürges, & Börsch-
of their job duties
erations, provide them with a sense of fulfill- Supan, 2007). Thus, those who get
ment in their professional life, and allow them the opportunity to work fewer will derive a stronger
to stay in a work environment that recognizes hours and to benefit from flexible
their value. Indeed, the literature on mature work or job sharing may be better affective commitment
workers shows that generativity motives rise able to maintain work-life balance
with psychological aging (Kooij et al., 2008), and, in return, may develop stron- to their organization
which suggests that generative jobs or tasks, ger affective commitment to the and feel that these
such as teaching and mentoring, could moti- organization. Also, flexible work-
vate older workers (Kanfer & Ackerman, 2004). ing conditions may be perceived features are valuable
It is, thus, likely that managers who perceive as providing access to advantages
access to new roles (for example, trainer, men- (for example, work-life balance) advantages that
tor, coach, or consultant) as part of their job that would be lost in case of exit.
would be lost by
duties will derive a stronger affective commit- In addition, because of their likely
ment to their organization and feel that these positive effects on work motiva- leaving.
features are valuable advantages that would be tion (Hornung, Rousseau, & Gla-
lost by leaving. At the same time, if older ser, 2008), these conditions may
workers are assigned to new roles, they may be prevent older managers from thinking about
less tempted to think about alternative jobs. employment alternatives. Our predictions are
This leads to the following hypotheses: summarized in the following hypotheses:

Hypothesis 2a: The perceived availability of Hypothesis 3a: Flexible working conditions for
new roles for older workers is positively related to older workers are positively related to affective
affective commitment. commitment.

Hypothesis 2b: The perceived availability of new Hypothesis 3b: Flexible working conditions for
roles for older workers is positively related to older workers are positively related to high-
high-sacrifice commitment. sacrifice commitment.

Hypothesis 2c: The perceived availability of new Hypothesis 3c: Flexible working conditions for
roles for older workers is negatively related to lack older workers are negatively related to lack of
of alternatives commitment. alternatives commitment.

Human Resource Management DOI: 10.1002/hrm


900 HUMAN RESOURCE MANAGEMENT, NOVEMBER–DECEMBER 2009

Encouragement to Retire Early is similar to organizational turnover in that


employees who retire also decide to withdraw
Early retirement plans have been extensively membership from their organization, it is
used during the last decade as a strategy to broader in scope, as employees who retire are
reduce personnel costs among older workers seeking to reduce their commitment to em-
(Armstrong-Stassen, 2004; Beehr et al., 2000; ployment in general.
Kiefer & Briner, 1998; Szinovacz & Davey,
2005), and research has shown that volun-
HRM Practices
tary retirement is related to early retirement
incentives (Hardy & Quadagno, 1995; Shultz We expect HRM practices to relate to retire-
et al., 1998; Taylor & Shore, 1995). Such ment decisions in this study. Theory suggests
plans often have been implemented in con- that the relationships of work attitudes and
texts where the older worker was perceived to perceptions to behavior are stronger when
have reduced ability to learn and adjust they refer to similar targets (Lavelle, Rupp, &
(Maurer, Wrenn, & Weiss, 2001). By convey- Brockner, 2007). As the HRM practices
ing such explicit (retirement incentives) and examined in the present study either address
implicit (stereotype of older workers as less important needs among aging workers (pro-
able to learn) messages, organizations are viding training opportunities, assigning older
likely to reduce older workers’ affective com- workers to new roles, and providing flexible
mitment because these employees are likely work conditions) or tend to push them away
to feel less competent and valued. We, thus, from employment (encouraging workers to
predict that perceived encouragement to re- retire early), they appear to be particularly
tire early will be associated with lower levels targeted at influencing older workers’ em-
of affective commitment. Similarly, such per- ployment decisions. For example, training
ceptions should result in older employees’ opportunities may enhance older workers’
viewing themselves as having low value for self-development and personal growth (Mau-
other potential employers. We thus propose rer & Rafuse, 2001). Similarly, assigning aging
the following hypotheses: workers to such new roles as mentor or coach
for less-tenured employees is a way for em-
Hypothesis 4a: Encouragement to retire early is ployers to provide older workers with chal-
negatively related to affective commitment. lenging work that fits their unique skills and
accommodates their needs (Glass, 1994; Mir-
Hypothesis 4b: Encouragement to retire early is vis & Hall, 1996). Likewise, flexible work ar-
positively related to lack of alternatives commit- rangements allow older workers to reconcile
ment. their desires to stay employed and achieve
work-life balance (Atchley, 1993; Siegrist
Predicting Early Retirement et al., 2007). In contrast, some organizations
encourage aging workers to retire early be-
Retirement and turnover share commonali- cause they want to reduce personnel costs.
ties and both have been explored in the lit- Such practices, obviously, may induce volun-
erature on withdrawal behaviors (Adams & tary retirement (Hardy & Quadagno, 1995;
Beehr, 1998; Schmidt & Lee, 2008). Organiza- Shultz et al., 1998; Taylor & Shore, 1995). We,
tional turnover is usually thought of as being thus, propose the following hypotheses:
followed by continued regular employment.
In contrast, voluntary retirement has been Hypothesis 5a: The provision of training oppor-
defined as “the exit from an organizational tunities to older workers is negatively related to
position or career path of considerable dura- voluntary retirement.
tion, taken by individuals after middle age,
and taken with the intention of reduced psy- Hypothesis 5b: The perceived availability of new
chological commitment to work thereafter’” roles for older workers is negatively related to vol-
(Feldman, 1994, p. 287). Although retirement untary retirement.

Human Resource Management DOI: 10.1002/hrm


PERCEIVED HRM PRACTICES, ORGANIZATIONAL COMMITMENT, AND VOLUNTARY EARLY RETIREMENT 901

Hypothesis 5c: Flexible working conditions are Hypothesis 6b: High-sacrifice commitment is
negatively related to voluntary retirement. negatively related to early retirement.

Hypothesis 5d: Encouragement to retire early is Hypothesis 6c: Lack of alternatives commitment
positively related to voluntary retirement. is positively related to early retirement.

Organizational Commitment Method


The role of organizational commitment in Sample and Procedure
retirement decisions is likely to be important
among older workers, because leaving the The data used for the present study were
workforce permanently can be viewed as a gathered as part of a larger survey about work
viable alternative to organizational with- attitudes among late-career managers. The
drawal by aging workers who come to experi- study was based on an initial sample of 1,851
ence low organizational commitment. This graduates of French universities between
could be a major reason why studies have 1967 and 1977 who were employed in the
reported organizational commitment to be private sector. Data were collected at two
negatively associated with retirement inten- points. At Time 1, prospective participants
tions and positively tied to the wish to retire received a survey including the measures of
later in life (e.g., Adams, 1999; Adams & HRM practices and commitment as well as
Beehr, 1998; Beehr et al., 2000; Erdner & Guy, demographics and controls. Among partici-
1990; Hanisch & Hulin, 1991; Luchak et al., pants, 519 (28%) provided usable returns
2008; Schmidt & Lee, 2008; Taylor & Shore, (respondents age 49 and under or who had
1995). This may be particularly true for affec- already retired were excluded from the sam-
tive commitment, the strongest predictor of ple). Respondents were surveyed again 30
organizational turnover among employees in months later (Time 2) about their employ-
general (Mathieu & Zajac, 1990; Meyer et al., ment status. They were asked to indicate
2002). This may be so for older workers as whether they were still employed (0) or
well. Indeed, older workers with low levels of whether they had voluntarily retired at some
affective commitment may consider that point during the 30-month period between
leaving the organization will provide oppor- Time 1 and Time 2 (1). A 30-month period
tunities for developing alternative attach- between measurement of predictors and col-
ments in other life domains. On a related lection of exit cases was thought to be an
matter, continuance commitment is also appropriate time lag within which predictors
likely to be salient among aging workers remain relevant and exit rate achieves an ac-
(Luchak et al., 2008). Indeed, as “side bets” ceptable level (that is, 10%; cf. Griffeth, Hom,
(investments that would be lost by leaving) & Gaertner, 2000). At Time 2, 380 usable re-
tend to increase as a result of increased tenure turns were received, for an overall response
in organizations (e.g., Cohen & Lowenberg, rate of 20.5%. In the final sample, age and
1990), older workers should be particularly organizational tenure averaged 53.9 years (SD
reluctant to retire when substantial advan- = 2.8) and 21.0 years (SD = 9.0), respectively,
tages are to be lost. In contrast, those who at Time 1. Of the respondents, 92% were
perceive few alternatives to their current em- male and 8% were female. Participants worked
ployment may consider retirement as the in a wide variety of industries and occupa-
single alternative option (Adams & Beehr, tions.
1998; Beehr, 1986; Taylor & Shore, 1995).
The following hypotheses are, thus, pro-
Measures
posed:
Unless otherwise specified, all responses were
Hypothesis 6a: Affective commitment is nega- provided on a 5-point Likert scale ranging
tively related to early retirement. from strongly disagree (1) to strongly agree (5).

Human Resource Management DOI: 10.1002/hrm


902 HUMAN RESOURCE MANAGEMENT, NOVEMBER–DECEMBER 2009

As surveys were administered in French, we of alternatives (for example, “I feel that I


used measurement instruments that have have too few options to consider leaving this
been previously validated in French. organization”;  = .87) and three items mea-
suring high sacrifice (for example, “For me
personally, the costs of leaving this organiza-
HRM Practices
tion would be far greater than the benefits”;
A 14-item multidimensional scale was used  = .73).
to measure how older managers perceived
HRM practices in their organizations. We first
Voluntary Early Retirement
measured three HRM practices identified in
the literature as being potentially A single item was used to measure whether
relevant to retaining older work- respondents had voluntarily retired (0) or
We found that ers in employment (Saba & had remained with the organization (1) be-
Guerin, 2005): access to training tween Time 1 and Time 2. To make sure man-
voluntary retirement
opportunities, the opportunity to agers’ reports of voluntary retirement could
decisions occurred be assigned to new roles in the not be confounded with legal retirement age
organization, and the availability (that is, the necessary age for the individual
by an average of of flexible work conditions. In ad- to have a 40-year career), for each reported
dition, we measured perceived en- voluntary retirement case, we checked that
2.6 years (SD = 2.5)
couragement to retire early. The retirement occurred before the legal retire-
before the legal first three subscales contained ment age that the respondent reported at
four items. We created a fourth Time 1. In so doing, we found that voluntary
retirement age. subscale to capture encourage- retirement decisions occurred by an average
ment to retire early. As we viewed of 2.6 years (SD = 2.5) before the legal retire-
this construct as being relatively ment age. Ten percent of respondents were
narrow, two closely related items were devel- identified as being voluntary retirees at Time
oped: “I am enticed to take early retirement” 2. The average age of these individuals at
and “Pressure is exercised on me to retire Time 1 was 57.1 years. This is consistent with
early.” A principal components analysis of demographic data showing that French man-
HRM practices data using Varimax rotation agers retire, on average, between the ages of
revealed a four-factor solution in which all 57 and 58 (Eurostat, 2006).
items loaded onto their intended factor. Reli-
ability coefficients for these factors varied
Control Variables
from .70 to .94. The results of these analyses
are provided in the Appendix along with the As previous research has shown (Mathieu &
full set of items. Zajac, 1990; Meyer et al., 2002), age, sex, and
organizational tenure are related, albeit
slightly, to one or more dimensions of orga-
Organizational Commitment
nizational commitment. Therefore, we con-
Organizational commitment was measured trolled for these variables in our regression
using a revised version of the Meyer et al. analyses for commitment dimensions.
(1993) affective and continuance organiza- Some variables also were controlled for in
tional commitment scales that were designed analyses for voluntary early retirement. For
for international replication (Bentein, Van- example, research has shown that factors un-
denberg, Vandenberghe, & Stinglhamber, related to the work environment may poten-
2005). The affective commitment scale con- tially affect retirement decisions (Beehr et al.,
tained six items (for example, “I do not feel 2000; Ekerdt, Hackney, Kosloski, & DeViney,
emotionally attached to this organization” 2001; Feldman, 1994; Fletcher & Hansson,
[reversed]), and its reliability coefficient was 1991; Henkens, 1999; Lim, 2003; Shultz et al.,
.85. The continuance commitment scale in- 1998). For example, workers who perceive
cluded three items measuring perceived lack that health problems reduce their ability to

Human Resource Management DOI: 10.1002/hrm


PERCEIVED HRM PRACTICES, ORGANIZATIONAL COMMITMENT, AND VOLUNTARY EARLY RETIREMENT 903

work may decide to retire earlier (Hanisch & tively correlated with affective commitment
Hulin, 1991; Shultz et al., 1998). The decision (r = –.22, p < .01) and positively related to lack
to retire voluntarily also may be affected by of alternatives commitment (r = .20, p < .01).
the health of one’s spouse (Beehr et al., 2000). Finally, early retirement was significantly as-
For instance, people may want to retire to take sociated with training opportunities (r = –.18,
care of a needy family member or, alterna- p < .01), encouragement to retire (r = .24, p <
tively, to continue working to provide the .01), and lack of alternatives commitment
necessary resources for covering medical ex- (r = .14, p < .01).
penses (Talaga & Beehr, 1995). Conversely, Table II displays the results of regression
people may wish to retire to spend more time analyses for organizational commitment di-
with a spouse when his or her health condi- mensions. Controlling for demographics,
tion is good (e.g., Floyd & Haynes, 1992; perceived personal health, spouse health
Rennemark & Berggren, 2006). Perceived per- status, and work centrality, HRM practices
sonal health and spouse health status were, accounted for significant increments of vari-
thus, used as controls in this study. Perceived ance in affective commitment [ R2 = .10,  F
health was measured using Bailey and Hans- (4, 51) = 17.16, p < .001], high-sacrifice com-
son’s (1995) three-item scale (for example, mitment [ R2 = .03;  F (4, 51) = 3.55, p <
“How is your health in general?”) while per- .01], and lack of alternatives commitment
ceived spouse health status was measured [ R2 = .06;  F (4, 51) = 8.21, p < .001]. As can
using one item (“How do you assess your be seen, the availability of training opportu-
spouse’s health status?”). A 5-point Likert nities was positively related to affective com-
scale, with poor (1) and excellent (5) as anchors, mitment ( = .24, p < .001) and high-sacrifice
was used for the two measures. Lastly, we con- commitment ( = .17, p < .001) and nega-
trolled for work centrality in our analyses. tively associated with lack of alternatives
Work centrality refers to the general impor- commitment ( = –.10, p < .05), thereby pro-
tance that the individual attributes to work in viding support for Hypotheses 1a, 1b, and 1c,
his or her life (Kanungo, 1982). Research has respectively. The assignment of older workers
shown that individuals with high levels of to new roles was unrelated to organizational
work centrality tend to plan to retire later in commitment dimensions while flexible work-
life (Adams, Prescher, Beehr, & Lepisto, 2002; ing conditions were significantly (negatively)
Schmidt & Lee, 2008). Five items taken from associated with lack of alternatives commit-
Paullay, Alliger, and Stone-Romero (1994) ment only ( = –.11, p < .05). Hypotheses
were used to assess work centrality (for exam- 2a–c, 3a, and 3b are, thus, rejected, while
ple, “Overall, I consider work to be very cen- Hypothesis 3c is supported. Finally, encour-
tral to my existence”;  = .79). agement to retire early was negatively related
to affective commitment ( = –.16, p < .001)
and positively linked to lack of alternatives
Results
commitment ( = .13, p < .01), yielding
Table I presents descriptive statistics, correla- support for Hypotheses 4a and 4b, respec-
tions among variables, and alpha coefficients. tively.
Training opportunities were positively corre- Hypotheses 5a–d and 6a–c were tested
lated with affective commitment (r = .36, p < using logistic regression analysis predicting
.01), high-sacrifice commitment (r = .19, p < early retirement decisions. Results are re-
.01), and lack of alternatives commitment ported in Table III. Controlling for perceived
(r = –.17, p < .01). Assignment to new roles personal health, spouse health status, and
and flexible working conditions were signifi- work centrality, HRM practices and commit-
cantly associated with affective commitment ment dimensions accounted for significant
(r = .16, p < .01, and r = .09, p < .05, respec- incremental variance in voluntary retire-
tively) and lack of alternatives commitment ment, 2 (7) = 39.37, p < .001 (cf. Model 4 in
(r = –.15, p < .01, and r = –.16, p < .01, respec- Table III). As predicted by Hypotheses 5a and
tively). Encouragement to retire was nega- 5d, respectively, the availability of training

Human Resource Management DOI: 10.1002/hrm


904

TABLE I Descriptive Statistics and Correlations Among Variables


Variable M SD 1 2 3 4 5 6 7 8 9 10 11 12 13 14
1. Age (years) 53.91 2.77 –
2. Sex (1= male; 2 = female) 1.07 0.26 –.16** –
3. Organizational tenure 20.78 9.80 .30** –.07 –
4. Personal health status 3.88 0.62 .08 –.07 –.08 (.84)
5. Spouse health status 3.83 0.77 .02 .02 .00 .34** –
6. Work centrality 2.73 0.76 .07 –.04 .03 –.10* –.05 (.79)
7. HRM training 3.58 0.85 –.05 .02 .12** .03 .09* .12** (.81)
8. HRM new roles 3.67 0.94 .05 –.03 .01 .03 .03 .11* .28** (.89)
9. HRM flexible working
2.08 0.82 –.05 .04 –.03 .07 .08 .04 .14** .15** (.74)
conditions
HUMAN RESOURCE MANAGEMENT, NOVEMBER–DECEMBER 2009

10. HRM encouragement to


1.96 1.10 .06 –.05 .15** –.05 –.06 –.03 –.28** –.19** .00 (.94)
retire early
11. Affective organizational
3.57 0.83 .09 –.10* .22** .07 .08 .39** .36** .16** .09* –.22** (.85)
commitment
12. High-sacrifice commitment 3.58 0.88 .05 –.02 .24** .00 –.04 .15** .19** –.01 .00 .01 .32** (.72)
13. Lack of alternatives
3.24 1.08 .16** .03 .16** –.06 –.06 –.11* –.17** –.15** –.16** .20** –.19** .27** (.86)
commitment
14. Early retirement
0.10 0.30 .37** –.02 .19** .09 .07 .01 –.18** –.03 .02 .24** –.03 –.07 .14** –
(0 = stay; 1 = leave)
Note: N = 359–514. Scale reliabilities are shown along the diagonal.
* p < .05; ** p < .01

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PERCEIVED HRM PRACTICES, ORGANIZATIONAL COMMITMENT, AND VOLUNTARY EARLY RETIREMENT 905

TABLE II Hierarchical Regression Analysis for Organizational Commitment Dimensions


Organizational Commitment
Affective High Sacrifice Lack of Alternatives
Variable Step 1 Step 2 Step 1 Step 2 Step 1 Step 2
Controls
Sex –.05 –.05 –.03 –.03 .01 .02
Age –.06 –.02 –.04 –.02 .15** .13**
Organizational tenure .26*** .24*** .27*** .24*** .12* .12*
Personal health status .13** .11** .04 .04 –.07 –.06
Spouse health status .05 .03 –.05 –.06 –.04 –.02
Work centrality .41*** .37*** .15** .14** –.12* –.09*
HRM Practices
HRM training .24*** .17*** –.10*
HRM new roles .00 –.09 –.07
HRM flexible working
.02 –.03 –.11*
conditions
HRM encouragement to
–.16*** .01 .13**
early retire
R 2
.10 .03 .06
F 17.16*** 3.55** 8.21***
Adjusted R 2 .23 .32 .08 .10 .05 .11
F 25.12*** 23.98*** 8.16*** 6.42*** 5.43*** 6.74***
Note: N = 514 (listwise deletion). Standardized regression coefficients are presented.
* p < .05; ** p < .01 ;*** p < .001

opportunities was negatively associated with duced by more than half), compared to the
early retirement (B = –.82, p < .01), while en- likelihood of retiring early among those who
couragement to retire was positively related give their organization a 3 on the same scale.
to it (B = .68, p < .001). Contrary to Hypoth- Conversely, each one-unit increase in assign-
esis 5c, flexible working conditions were not ment to new roles and encouragement to
significantly associated with voluntary retire- retire early resulted in the likelihood of leav-
ment (B = .16, ns). More importantly, assign- ing’s being multiplied by a factor of 1.86 and
ment to new roles was associated with a 1.98, respectively. This means that those who
significant increase in the likelihood of retir- give their organization a 4 on the 5-point
ing (B = .62, p < .05), while Hypothesis 5b scale used for measuring the propensity to
actually predicted the reverse pattern of rela- assign late-career managers to new roles or to
tionship. A better understanding of these encourage them to retire early see their likeli-
findings can be gained from looking at the hood of retiring early nearly doubled as com-
Exp(B) or odds ratios reported in Table III. In pared to the likelihood of retiring among
substance, holding all other variables con- those who give their organization a 3 on the
stant, each one-unit increase in training op- same scale.
portunities was associated with a reduction of Table III also reveals that affective
the likelihood of retiring by an average mul- commitment was unrelated to retirement
tiplicative factor of .44. This suggests that decisions (B = .43, ns). Hypothesis 6a is, thus,
older managers who give their organization a rejected. Finally, as predicted by Hypotheses
4 on the 5-point scale used for measuring 6b and 6c, high-sacrifice commitment was
training opportunities see their likelihood of associated with a decrease in the likelihood of
retiring early multiplied by .44 (that is, re- retiring (B = –.56, p < .05; Exp(B) = .57), while

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906

TABLE III Hierarchical Logistic Regression Analysis Predicting Early Retirement


Model 1 Model 2 Model 3 Model 4
Variable B Exp (B) Wald B Exp (B) Wald B Exp (B) Wald B Exp (B) Wald
Controls
Perceived health .34 (.36) 1.41 .90 .06 (.38) 1.07 .03 .39 (.37) 1.47 1.09 .03 (.40) 1.03 .00
Spouse health status .25 (.28) 1.28 .80 .59 (.30) 1.80 3.87 .29 (.29) 1.33 1.00 .55 (.31) 1.73 3.10
Work centrality .09 (.26) 1.10 .13 .14 (.29) 1.15 .24 .31 (.29) 1.36 1.11 .23 (.32) 1.25 .50
HRM Practices
HRM training –.86** (.26) .42 10.69 –.82** (.27) .44 9.05
HRM new roles .62* (.29) 1.87 4.64 .62* (.29) 1.86 4.67
HRM flexible working .16 (.25) 1.18 .42 .16 (.26) 1.17 .38
conditions
HUMAN RESOURCE MANAGEMENT, NOVEMBER–DECEMBER 2009

HRM encouragement .65*** (.17) 1.92 15.51 .68*** (.18) 1.98 14.59
to early retire
Organizational Commitment
Affective commitment .00 (.29) 1.00 .00 .43 (.36) 1.53 1.42
High-sacrifice commitment –.50* (.25) .61 3.94 –.56* (.28) .57 4.01
Lack of alternatives .62** (.22) 1.86 7.79 .56* (.25) 1.75 4.89
commitment
2
 (df) 2.83 (3) 35.20*** (7) 12.91* (6) 42.20*** (10)
–2LL 197.67 165.30 187.59 158.30
Nagelkerke R 2 .02 .22 .08 .26
Note: B = unstandardized beta coefficients (standard errors are in parentheses).
* p < .05; ** p < .01 ;*** p < .001

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PERCEIVED HRM PRACTICES, ORGANIZATIONAL COMMITMENT, AND VOLUNTARY EARLY RETIREMENT 907

lack of alternatives commitment was related fects associated with training opportunities
to significant increases in the likelihood of contrast with employers’ general tendency
retiring (B = .56, p < .05; Exp(B) = 1.75). to offer fewer opportunities for training and
Finally, we also examined on an explor- development to older workers than to
atory basis whether commitment variables younger employees (Armstrong-Stassen,
would possibly partially or completely medi- 2008; Barth et al., 1993; Rosen & Jerdee,
ate the relationships of HRM practices to 1976). Our findings suggest that organiza-
early retirement. As can be seen from Table tions should reconsider these practices in
III, the effects associated with HRM practices light of the benefits they can gain from de-
remained essentially the same, whether com- veloping older workers’ competencies. In-
mitment variables were in the model (Model deed, as these practices are associated with
4) or not (Model 2). In addition, commit- increased affective commitment, they may
ment variables had roughly the same effects indirectly foster job performance and reduce
on early retirement, whether HRM practices organizational turnover (Meyer et al., 2002).
were in the model (Model 4) or not (Model We found that flexible working condi-
3).1 This pattern of findings indicates that tions and the assignment of older workers to
HRM practices and commitment variables new roles (for example, mentor or coach for
had essentially independent effects on early younger employees) did not have the ex-
retirement. pected positive effects. Flexible working
conditions were unrelated to affective com-
Discussion mitment and voluntary retirement, while the
provision of new roles was unrelated to com-
The present study represents a contribution mitment and positively associated with early
to the understanding of the role of HRM retirement. This suggests that although re-
practices and organizational commitment in searchers argue that HRM practices need to
voluntary early retirement. Given the ex- be targeted to older workers’ unique needs
pected growing importance of older workers and expectations (Kooij et al., 2008; Peterson
in the overall workforce and the challenges & Spiker, 2005; Saba & Guerin, 2005), such
created by this trend (Vaupel & Loichinger, practices may not be as effective as antici-
2006), Kooij et al. (2008) suggested that three pated. One reason for these findings may be
HRM practices were relevant to manage the that these workers may actually want to es-
careers of aging workers: career develop- cape from the stereotype of older workers’
ment, job content changes, and ergonomic needing specific attention because of declin-
adjustments. By focusing on closely related ing skills and performance and do not want
practices (training opportunities, assignment to be treated according to their presumptive
to new roles, and provision of flexible work- unique needs, as doing so may indirectly re-
ing conditions) and on encouragement to inforce the stereotype of the “old, poor-
retire, we found evidence that such practices performing” worker. This interpretation is in
were significantly associated with organiza- line with Desmette and Gaillard’s (2008)
tional commitment and predicted whether finding that when individuals identify them-
older workers actually would decide to retire selves as “older workers,” they are less in-
early or stay employed longer. In particular, clined to develop their careers and more
our findings suggest that providing older likely to engage in negative work attitudes.
workers access to training opportunities is Therefore, HRM managers should realize that
the perceived HRM practice most strongly by targeting HRM practices to older workers’
associated with the willingness to remain needs, they run the risk of actually worsening
with the organization. Training opportuni- those workers’ self-image and of generating
ties were related to higher affective and counterproductive effects on voluntary early
high-sacrifice commitments, lower lack of retirement.
alternatives commitment, and reduced likeli- The fact that the assignment of older
hood of early retirement. The favorable ef- workers to new roles actually increased the

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908 HUMAN RESOURCE MANAGEMENT, NOVEMBER–DECEMBER 2009

likelihood of exiting employment requires manent exit from organization, occupation,


comment. Although providing opportunities work, job, and employment (Adams & Beehr,
to serve as a mentor, trainer, coach, or inter- 1998).
nal consultant has been proposed in the pro- In contrast, both subcomponents of con-
fessional and academic literature as a means tinuance commitment—perceived high
to maintain mature workers’ commitment to sacrifice and lack of alternatives—were sig-
the organization (Glass, 1994; Mirvis & Hall, nificantly related to voluntary early retire-
1996), the present study shows this practice ment. As highlighted by Luchak et al. (2008),
to be potentially counterproductive. Two rea- continuance commitment may be more sa-
sons may account for this finding. First, orga- lient in the experience of older workers. This
nizations that rely on these policies may do view is consistent with these authors’ finding
so because of a lack of ability to provide that employees with higher levels of continu-
enough “traditional” roles to their mature ance commitment intend to retire earlier.
workforce. This may be interpreted by ma- Our findings reveal, however, that high sacri-
ture workers as a sign that organizations do fice and lack of alternatives commitments
not support them anymore, which, in turn, had opposite effects on employment exit,
may encourage them to retire earlier than which signals that they tap into divergent
expected. Second, it might be that “new motives for this behavior. That is, high-
roles,” such as coach or mentor, are per- sacrifice commitment basically refers to the
formed in addition to other existing job advantages that would be lost in case of de-
responsibilities and do not represent job posi- parture. In our sample, it appears that this
tions in themselves. Being assigned new roles cost prevented older managers from consid-
could, thus, lead to additional pressure, in ering leaving employment more or less per-
terms of both skills needed and workload. manently. Cost may be more effective than
This may be the true reason for our finding of affective bonds for encouraging older work-
an increase of voluntary early retirement de- ers to stay in employment because cost-based
cisions when these roles are perceived to be commitment has consequences that can ex-
offered.2 tend to all life domains, whereas affective
Affective commitment was unrelated to bonds can be substituted more easily. On the
actual voluntary early retirement in this other hand, the positive relationship of lack
study, therefore extending the results of of alternatives commitment with voluntary
Schmidt and Lee (2008), who found that af- early retirement reflects a different mecha-
fective commitment was unrelated to early nism underlying continuance commitment:
retirement intentions. This suggests that al- Namely, by coming to perceive few alterna-
though affective commitment has been found tives to their current employer, older workers
to be a strong predictor of organizational may think the single valuable alternative is to
turnover for employees in general (Mathieu retire, which at any rate would be better than
& Zajac, 1990; Meyer et al., 2002), its influ- staying “trapped” in an organization that, in
ence does not extend to predicting voluntary the end, does not convey positive messages
early retirement. This does not mean that regarding their value.
affective commitment is not important Lastly, as predicted, perceived encourage-
for older workers, as it may have other ment to retire was associated with reduced
consequences than influencing retirement affective commitment, higher lack of alterna-
intentions (for example, increased job perfor- tives commitment, and a higher propensity
mance). Despite the fact that affective to retire voluntarily among older workers.
organizational commitment has been found This suggests that in the current context of
to predict a variety of behaviors, including an increasing need to keep older workers in
withdrawal behaviors, its relevance to volun- employment (Collins, 2003; Crampton et al.,
tary retirement remains uncertain because 1996; Greller & Simpson, 1999), the use of
voluntary early retirement represents a more retirement plans as a strategy to reduce per-
severe form of withdrawal that involves per- sonnel costs among older workers (Arm-

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PERCEIVED HRM PRACTICES, ORGANIZATIONAL COMMITMENT, AND VOLUNTARY EARLY RETIREMENT 909

strong-Stassen, 2004; Beehr et al., 2000; Kiefer sensitive to new roles and flexible work con-
& Briner, 1998; Szinovacz & Davey, 2005) is ditions.3
not welcome and should be avoided. One A second limitation of this study relates
should note, however, that the perceived en- to its focus on a sample of managers. Al-
couragement to retire may be influenced by though our findings are informative regard-
stereotypes conveyed in organizations that ing the particularities of this occupational
older workers learn less quickly or adjust less group, it is uncertain whether they could
efficiently to changes (Capowski, 1994; Des- apply to other categories of workers, who
mette & Gaillard, 2008; Rosen & Jerdee, may have different needs and respond differ-
1976) and, hence, would contribute less to ently to organizational practices. For exam-
the organization’s success. As such stereo- ple, it could be that other occupational
types plausibly contribute to older workers’ groups consider new roles, such as mentoring
perceiving their organization as being less and coaching, more rewarding than was the
supportive of them and encouraging them to case in the current sample of managers. The
retire, they should be drastically reduced if same might be true for flexible working con-
one wants to keep older workers committed ditions. For example, using a diversified
to the organization and employed. sample of clerical workers, Zappala, Depolo,
Fraccaroli, Guglielmi, and Sarchielli (2008)
found that “preference for late retirement”
Limitations
was positively correlated with “firm aging
This study has several limitations. First, we policies” (roughly equivalent to our “new
used a sample of French managers from pri- roles” and “flexible working conditions”
vate organizations; hence, findings may not practices) and negatively related to “abilities
generalize across cultures and contexts. For to develop” (roughly equivalent to our “train-
example, it may be that in countries where ing opportunities” practice). This indicates
risk tolerance is higher—France being rather that older workers do not represent a homo-
uncertainty-avoidant—high-sacrifice and lack geneous group and that subgroups with dif-
of alternatives commitments would be less ferent values and expectations may exist
strongly related to voluntary early retire- within them (Peeters & van Emmerik, 2008).
ment. Similarly, in more collectivistic coun- It is a task for future research to determine
tries, it is likely that normative commitment, whether such differences across subgroups of
which we did not measure in the present older workers exist and, if they do, whether
study, would be an important predictor of they can be attributed to characteristics of
older workers’ retirement decisions (cf. Cheng occupational groups or careers, differences in
& Stockdale, 2003). Alternatively, it may be gender composition, or work-related atti-
that in countries with more “feminine” val- tudes (for example, work commitment).
ues such as Sweden—which typically focus A third limitation is that we did not con-
on quality of life at work—the role of flexible trol for individuals’ financial resources as a
working conditions in voluntary early retire- potential influence on retirement decisions.
ment would be strengthened. Moreover, our The pension system in France is largely pub-
sample was 92% male. Although this typi- lic and does not encourage individuals to
cally reflects the gender composition of the prepare for retirement via private insurance
population of older French managers, results because retirement allowances are funded by
could have been different with a more femi- the government, generally comfortable, and
nine sample. As there are gender differences accessible to all employees. This implies that
in career development and values (e.g., Phil- individuals’ financial resources are less of an
ips & Imhoff, 1997), it might be that the issue than they are in other national contexts
more feminine cohorts of managers who will and that other, more intrinsic factors, rather
reach maturity in the next few years will than extrinsic factors, come into play in
show different patterns of reactions to HRM retirement decisions. This is especially rele-
practices. For example, they may be more vant in a sample of managers such as in this

Human Resource Management DOI: 10.1002/hrm


910 HUMAN RESOURCE MANAGEMENT, NOVEMBER–DECEMBER 2009

study, who are likely to be well paid com- more closely which specific HRM practices
pared to other occupational groups. It may may be meaningful predictors of continu-
also explain the relative unattractiveness of ance commitment, as the variance explained
flexible work arrangements, such as part-time by our model in that variable was relatively
work. It is likely that in countries where indi- small (despite being significant). This could
viduals are expected to take charge mean either that HRM is not highly relevant
of their own retirement pensions to continuance commitment and that extra-
Even if
financially, such as the United organizational factors, such as retirement
organizational States, older workers’ financial re- plans, are more important (cf. Luchak et al.,
sources would strongly influence 2008) or that practices other than those con-
turnover has been their decision to retire (e.g., Kim sidered here are important.
& Feldman, 1998). Fifth, it would be worth investigating the
a concern for A fourth limitation of this extent to which predictors of organizational
decades among study is that we measured per- turnover differ from those of voluntary early
ceived rather than actual HRM retirement, an issue that research has not
both researchers practices. Actual practices may addressed yet. Although we know that orga-
not only differ from perceived nizational turnover and voluntary early re-
and practitioners, practices but also vary across orga- tirement do differ in a number of respects
nizations. For example, some or- (Adams & Beehr, 1998; Feldman, 1994;
organizations are
ganizations may actively engage Schmidt & Lee, 2008), we now need to know
now trying to keep in providing training and devel- how differentially these phenomena can be
opment opportunities to older predicted. This issue has practical relevance
older workers workers, while others may not for managers. Even if organizational turn-
want to head in that direction. over has been a concern for decades among
employed so
This may be partly related to how both researchers and practitioners, organiza-
they can transfer critical employees are for the orga- tions are now trying to keep older workers
nization’s business. In labor- employed so they can transfer knowledge
knowledge across intensive organizations, such as across generations. This requires a new
hospitals or service organizations, agenda for research, one that incorporates
generations.
it could be that HRM managers voluntary early retirement as a major out-
This requires a take particular care of older work- come in organizational behavior research.
ers’ career perspectives because Although we hope our study has provided
new agenda for they want knowledge to be trans- some insight into this new challenge, we
ferred to the younger generation. also acknowledge that the quantitative ap-
research, one Thus, we encourage researchers to proach we have taken in this study should be
that incorporates examine how actual (rather than supplemented by a qualitative approach to
perceived) HRM practices in orga- allow for deeper understanding of the mo-
voluntary early nizations influence voluntary tives that lead to early retirement and of the
early retirement and to consider perceived impact of HRM practices. Finally,
retirement as a potential differences in this re- although longitudinal research is often
spect across organizational con- viewed as a strength, a limitation is that pre-
major outcome
texts. It would also be interesting dictors may lose part of their predictive
in organizational to examine differences across in- power when the outcome is measured long
dustries. For example, in some after their measurement. In this study, 30
behavior research. industries (for example, manufac- months separated Time 1 from Time 2,
turing), it may be less easy for or- which may have diminished the predictive
ganizations to offer flextime or to assign validty of perceived HRM practices and com-
older workers to new roles. Moreover, it mitment. This issue needs further attention
would be important in the future to examine in the future.

Human Resource Management DOI: 10.1002/hrm


PERCEIVED HRM PRACTICES, ORGANIZATIONAL COMMITMENT, AND VOLUNTARY EARLY RETIREMENT 911

Notes dimensions in actual turnover. For example, in


Meyer et al.’s (2002) meta-analysis, commitment
1. Note that when commitment variables alone were dimensions were found to explain individually be-
introduced as predictors of voluntary early retire- tween 0.5% and 3% variance in turnover.
ment, they accounted for 8% (p < .01) of the variance 2. We thank an anonymous reviewer for suggesting
in retirement decisions (based on Nagelkerke’s R 2). this interpretation.
This effect size compares favorably with the ex- 3. We thank an anonymous reviewer for suggesting
planatory power generally reported for commitment this possibility.

OLIVIER HERRBACH is a professor of human resource management at the University


of Bordeaux and an affiliate professor at ESC Rennes School of Business. He earned his
Ph.D. at the University of Toulouse. His research interests include workplace commit-
ment, identification, and emotions. His work has appeared in various journals, including
Journal of Organizational Behavior, Journal of Vocational Behavior, and Human Rela-
tions.

KARIM MIGNONAC is a professor of organizational behavior and human resource man-


agement at the University of Toulouse. He earned his Ph.D. at the University of Toulouse.
His research interests include the employment relationship, work commitment, and
career mobility. His research has appeared in various journals, including Journal of
Organizational Behavior, Journal of Vocational Behavior, and the International Journal of
Human Resource Management.

CHRISTIAN VANDENBERGHE earned his Ph.D. in psychology from the Catholic Univer-
sity of Louvain, Belgium, where he has taught and researched in work and organizational
psychology since 1997. He is now at HEC Montreal, where he is a professor of organiza-
tional behavior. Since 2005, he has been the holder of the Canada Research Chair in the
management of employee commitment and performance. His research interests include
employee commitment, organizational change, and employee stress and health. His
work has been published in a variety of journals, including Journal of Applied Psychol-
ogy, Journal of Organizational Behavior, and Journal of Vocational Behavior.

ALESSIA NEGRINI completed her Ph.D. in social, developmental, and organizational


psychology at the University of Bologna, Italy. She is currently a postdoctoral student at
the Canada Research Chair in the management of employee commitment and perform-
ance (HEC Montreal). She is also involved in research with the Centre for Action in Work
Disability and Rehabilitation (CAPRIT, University of Sherbrooke). Her research interests
include retirement, aging, late career, work reintegration and job maintenance of older
workers with mental illness, and quality of work life and well-being.

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PERCEIVED HRM PRACTICES, ORGANIZATIONAL COMMITMENT, AND VOLUNTARY EARLY RETIREMENT 915

APPENDIX Items and Factor Loadings for HRM Practices Directed at Late-Career Managers
Component
Items
1 2 4 5
New roles (a =.89)
“My company offers to its late-career managers the
opportunity to act as”:
internal consultant .89
trainer .87
mentor .82
project coordinator .82
Training (a =.81)
My company provides me with training opportunities:
adapted to my needs .85
enabling me to extend my computer skills .83
enabling me to develop my management skills .80
enabling me to continuously update my skills .71
Flexible working conditions (a =.70)
My company offers me the opportunity to:
work part-time .80
reduce my work time gradually as I approach retirement .78
work from home .66
have flexible hours .64
Encouragement to retire early (a =.94)
I am enticed to take early retirement .95
Pressure is exercised on me to retire early .94
Eigenvalue 4.02 2.16 1.99 1.50
Percentage of variance explained 28.69 15.44 14.19 10.73
Note: N = 514. Responses were provided on a 5-point Likert scale (1 = strongly disagree, 5 = strongly agree). Data are analyzed using
principal components with varimax rotation. Total variance explained by the four factors: 69.1%. Only loadings greater than .30 are
shown.

Human Resource Management DOI: 10.1002/hrm

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