Time discounting in late career financial and activity planning. A new career decision model of retirement activity and financial planning will be tested that combines hyperbolic delay discounting with exponential interest growth, while also examining the impact of risk framed in terms of changing goverment tax legislation and uncertain health. The role of expertise and simulated training in reducing time discounting will be examined, and results combined to form a late career web assistance pro ....Time discounting in late career financial and activity planning. A new career decision model of retirement activity and financial planning will be tested that combines hyperbolic delay discounting with exponential interest growth, while also examining the impact of risk framed in terms of changing goverment tax legislation and uncertain health. The role of expertise and simulated training in reducing time discounting will be examined, and results combined to form a late career web assistance program. Improving predictions of the decision to retire will benefit individuals, financial planners, investors and employing organisations.Read moreRead less
Psychosocial and cognitive outcomes of residential relocation and retirement: The TRAnsitions In Later Life (TRAILL) project. Individual and social issues surrounding older adults' residential relocation and the transition to retirement are increasingly important in the context of Australia's ageing population. A better understanding of the factors that influence psychological well-being and intergenerational relationships during these major life transitions will play an important role in infor ....Psychosocial and cognitive outcomes of residential relocation and retirement: The TRAnsitions In Later Life (TRAILL) project. Individual and social issues surrounding older adults' residential relocation and the transition to retirement are increasingly important in the context of Australia's ageing population. A better understanding of the factors that influence psychological well-being and intergenerational relationships during these major life transitions will play an important role in informing government policy. This project aims to provide national and community benefits through informing policy related to housing and labour force participation, and by informing programs aimed at volunteer recruitment, retention and maximising the quality of the volunteer experience.Read moreRead less
Retirement transition: a longitudinal P-E fit approach within a 'life expectancy' time framework. Retirement is an important career milestone, heralding the onset of potentially significant changes in health, finance, and activity. Australia's largest birth cohort, the baby boomers, is ageing and beginning the transition into retirement and yet little is known about how the shifts in culture and attitude will affect their ability to adjust. This research will identify the dominant needs of this ....Retirement transition: a longitudinal P-E fit approach within a 'life expectancy' time framework. Retirement is an important career milestone, heralding the onset of potentially significant changes in health, finance, and activity. Australia's largest birth cohort, the baby boomers, is ageing and beginning the transition into retirement and yet little is known about how the shifts in culture and attitude will affect their ability to adjust. This research will identify the dominant needs of this group, the resources required to fulfil them, and the factors associated with successful adjustment behaviours. Greater understanding on how self-rated longevity, health, finance and values interact to affect decision-making will have important implications for public policy and individual planning.Read moreRead less
Motivating Employee Proactivity by Redesigning the Work Context. Self-starting and innovative employees are increasingly important in today's decentralised organisations. The central question investigated in this project via a longitudinal research design is how organisations can facilitate this type of proactive behavior amongst employees. The project also investigates the nature of employee proactivity (e.g. how it differs from other behaviors), and its consequences for employee performance, i ....Motivating Employee Proactivity by Redesigning the Work Context. Self-starting and innovative employees are increasingly important in today's decentralised organisations. The central question investigated in this project via a longitudinal research design is how organisations can facilitate this type of proactive behavior amongst employees. The project also investigates the nature of employee proactivity (e.g. how it differs from other behaviors), and its consequences for employee performance, innovation, and mental health. The project is significant because it focuses on how to promote behaviors that have often been neglected in research.Read moreRead less