Early Retirement Intention of Experienced Employees And
Bridge Employment
Dr. Noor Ahmed Memon
Professor, Khadim Ali Shah Bukhari Institute of
Technology, Karachi
Mohammad Faisal Sultan
Lecturer, Khadim Ali Shah Bukhari Institute of
Technology, Karachi
Abstract
Early retirement followed by bridge employment is a widely prevalent practice in the developed countries. There are pros and cons for this action. The motivation for an early retirements are low compensation package, less yearly leave, less job authority, less job independence and more or frequent late seating. These variables we used to conduct a primary survey. The survey was conducted in the national pharmaceutical companies of Karachi. The result confirms these hypotheses.
Keywords: Early retirement intention, bridge employment, motivation, recognition, compensation package (salary etc.), leave, job authority, independence in managing the work and late seating (after office hours)
JEL Classification: J3 and J6