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Title: Correlates and Consequences of Salaried and Self-Employment in Mid and Late Life
Resulting in 1 citation.
1. Daum, Menachem
Correlates and Consequences of Salaried and Self-Employment in Mid and Late Life
Report, Brookdale Center on Aging, Hunter College, 1984
Cohort(s): Older Men
Publisher: Hunter College
Keyword(s): Attitudes; Job Patterns; Job Satisfaction; Labor Force Participation; Self-Employed Workers; Work Histories; Working Conditions

Permission to reprint the abstract has not been received from the publisher.

This report distinguishes between the sociodemographic, job, and attitudinal characteristics of salaried and self- employed men. A sample of 4,114 men aged 45 to 59 in 1966 who participated in the NLS of Older Men were followed for 12 years. Those who were self-employed at the beginning of the survey were more likely than salaried men to be white, better educated, in white-collar occupations or service industries, to have a previous history of self- employment, and to work much longer hours. They also were somewhat more satisfied with their jobs and were much more likely to expect to work past age 65. The salaried and self-employed did not differ in median income. Many of the same characteristics were predictive of subsequent switches from salaried to self-employed work. Almost half of those who switched to self-employment returned to salaried employment over the 12-year period, but factors predicting this return could not be identified. The success rate of transitions to self-employment also could not be determined. Transitions to self-employment were related to perceived progress in one's career and decreased job pressures, but they also were related to increased job fatigue and difficulties in keeping up with job demands. Life satisfaction in later life was not related to type of employment. Recommendations are made for those considering a transition to self-employment in mid- or late life. [AgeLine]
Bibliography Citation
Daum, Menachem. "Correlates and Consequences of Salaried and Self-Employment in Mid and Late Life." Report, Brookdale Center on Aging, Hunter College, 1984.