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What Can Motivate Me to Keep Working? Analysis of Older Finance Professionals’ Discourse Using Self-Determination Theory

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Listed:
  • Sylvie St-Onge

    (Department of Management, HEC Montreal, Montreal, QC H3T 2A7, Canada)

  • Marie-Ève Beauchamp Legault

    (Department of Human Resources Management, HEC Montreal, Montreal, QC H3T 2A7, Canada)

Abstract

The twin issues of population aging and critical talent shortages induce employers to encourage older workers to prolong their professional lives. Over the past two decades, studies have mainly examined which human resources practices influence older workers’ ability, motivation, and opportunity to continue working. Our conceptual lens rest on self-determination theory (SDT). This study explores how older professionals in the financial services sector may see how three psychological needs (i.e., autonomy, competence, and relatedness) are satisfied or frustrated through various management practices such as monetary rewards, benefits, career development, and work content and context. Our interviews with older finance professionals also show the relevance of a fourth need, beneficence, to understand their decision to continue to work. Results of this study are likely to be significant at both managerial and societal levels in the perspective of sustainable development or employability.

Suggested Citation

  • Sylvie St-Onge & Marie-Ève Beauchamp Legault, 2022. "What Can Motivate Me to Keep Working? Analysis of Older Finance Professionals’ Discourse Using Self-Determination Theory," Sustainability, MDPI, vol. 14(1), pages 1-16, January.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:1:p:484-:d:716754
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    References listed on IDEAS

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    1. Alain Bélanger & Yves Carrière & Patrick Sabourin, 2016. "Understanding Employment Participation of Older Workers: The Canadian Perspective," Canadian Public Policy, University of Toronto Press, vol. 42(1), pages 94-109, March.
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    Cited by:

    1. Martine Lagacé & Anna Rosa Donizzetti & Lise Van de Beeck & Caroline D. Bergeron & Philippe Rodrigues-Rouleau & Audrey St-Amour, 2022. "Testing the Shielding Effect of Intergenerational Contact against Ageism in the Workplace: A Canadian Study," IJERPH, MDPI, vol. 19(8), pages 1-14, April.
    2. Soane, Emma & Aufegger, Lisa, 2024. "Changing risk-taking: the effects of tasks and incentives on the variability of risk-taking," LSE Research Online Documents on Economics 124339, London School of Economics and Political Science, LSE Library.

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    1. Martine Lagacé & Anna Rosa Donizzetti & Lise Van de Beeck & Caroline D. Bergeron & Philippe Rodrigues-Rouleau & Audrey St-Amour, 2022. "Testing the Shielding Effect of Intergenerational Contact against Ageism in the Workplace: A Canadian Study," IJERPH, MDPI, vol. 19(8), pages 1-14, April.

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