Factors that influence the decision of Spanish faculty members to retire |
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| Authors: | Rosalía Romero-Tena Víctor H Perera Ángela Martín-Gutiérrez |
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| Institution: | 1. University of Seville, Spain
GID Research Group, Seville, Spain;2. University of Seville, Spain |
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| Abstract: | Recent reports confirm that the European Higher Education Area is conditioning the satisfaction of Spanish faculty members, resulting in a greater number of early retirements. The present study, framed within the context of the research, development and innovation project ‘Fuga de Talentos: Un estudio sobre los motivos que han condicionado a profesores universitarios con experiencia a abandonar la profesión docente. Diseño de una propuesta (EDU2012-37068)’, intends to understand the factors that influence their decision to retire early. This study is based on the mixed sequential explanatory strategy, using logistic regression analysis techniques with a sample of 311 faculty members. The results showed differences in the factors that influence the decision-making of active faculty members who are near (aged 51–60) or approaching (aged 61–65) retirement. Their professional satisfaction, feelings and the reasons for retiring influence their decision about retiring, explaining the culture of early retirement and the loss of human capital in Spanish universities. |
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| Keywords: | faculty retirement early retirement intellectual capital faculty member |
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