THE INTERRELATIONSHIP BETWEEN JOB ENGAGEMENT AND EARLY RETIREMENT INTENTIONS AMONG EMPLOYEES IN PRIVATE SECTOR

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UNIVERSITI MALAYSIA SARAWAK

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This study examines how early retirement intentions among employees in the private manufacturing sector relate to job engagement variables such as work environment, work goals, and work recognition. Data were gathered quantitatively using structured questionnaires using a six-Likert scale. Due to the non-normal distribution, non-parametric correlation and multiple linear regression techniques were used for analysis. The findings indicate that work environment and work recognition significantly predict early retirement intentions, while work goals do not show a significant impact when other factors are controlled. The strongest predictor was work environment, highlighting the influence of supportive and well-managed workplaces on employees' retirement decisions. The Theory of Planned Behavior and the Positive Relationships, Engagement, Productivity, and Sustainability (PREPS) model are used to interpret these findings, emphasizes the importance of employees' attitudes and perceptions of workplace support in determining their psychological preparedness for an early retirement. The study contributes to the limitation of data on specific engagement variables in the manufacturing industry and provides useful advice for HR strategies that target employee retention. Improving recognition systems and work climate could serve as strategic approaches to delay early retirement and retain experienced workers in aging industries.

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