• Title/Summary/Keyword: Retirement Management

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Factors Influencing Life Satisfaction in Widowhood among Older Women: A Comparison of Three Age Groups (배우자 사별노인의 생활만족도에 영향을 미치는 요인: 연령집단 비교를 중심으로)

  • Jang, Eunha;Hong, Seokho
    • Journal of Family Resource Management and Policy Review
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    • v.24 no.2
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    • pp.89-108
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    • 2020
  • The purpose of this study was to analyze the factors influencing life satisfaction in widowhood among older females. Using the sixth Korean Retirement and Income Study (KReIS) supplementary survey data, a total sample of 1,471 women aged 65 or older whose spouse had died were selected, divided into 508 young-old (65-74), 745 middle-old (75-84), and 218 oldest-old (85+). Then, factors influencing the life satisfaction of these three groups were analyzed, based on a combination of perceived health and interpersonal satisfaction levels. It was found that among the young-old group, a higher level of subjective health perception indicated by monthly income and material support and interpersonal satisfaction linked to more frequent participation in community gathering combined for an overall higher level of life satisfaction. For the middle-old group, higher life satisfaction was provided by monthly income, informational support, and material support for subjective health perception and no diseases for interpersonal satisfaction. The oldest-old group with higher life satisfaction referred to monthly income for subjective health perception and no experience in donation activities for interpersonal satisfaction. Based on these findings, this study provides implications for policy and practice to improve the life satisfaction of elderly women who have experienced their spouse's death.

The Affects of Social Capital and Intellectual Capital on The Entrepreneurial Intention of Senior Generation (시니어세대의 사회적자본과 지적자본이 창업의지에 미치는 영향)

  • Gil, Dae-Ho;Jeong, Hwa-young
    • Asia-Pacific Journal of Business
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    • v.10 no.2
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    • pp.79-97
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    • 2019
  • The purpose of this study is to study the influence of the entrepreneurship of the senior generation on the will to start a business at a time when the senior generation cannot lead to technology start-ups or reemployment even after retirement. In addition, in this study, we look at the relationship between entrepreneurship and will to start a business and use social and intellectual capital to verify the impact of entrepreneurship on the will to start a business. This study shows that entrepreneurship is concerned with the relationship between social and intellectual capital and not with the relationship between entrepreneurship and will to start a business. In addition, the relationship between social capital to the will to start a business was significant and the intellectual capital was not significant in the will to start a business. Even if entrepreneurship is embedded, it means that experience and network of social and intellectual capital are essential to the will to start a business, rather than to start one right away.

A Preliminary Study for Development of the Advanced Eye Inspection Method Using Eye-tracking Technology (시선추적기술을 활용한 건설분야 육안점검 고도화 기술 개발을 위한 기초연구)

  • Nam, Jihyun;Lim, Jonglok;Park, Chan Young;Yun, Sungmin
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.275-276
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    • 2021
  • In the construction industry, many of the inspection activities have been conducted by experts' eyes. The inspection performance of this kind of method is highly influenced by experience and knowledge of the expert. The experts who have fluent experience may show better inspection performance than the novice. The problem is the deficiency of experts in the near future due to the acceleration of retirement of the aging expert. Eye-tracking technology can be a solution to effectively educate the novice through transferring the knowledge of an expert and to advance the inspection activities using experts' eyes. This study, as an initial step to suggest the solution, (1) figured out the state of the art of eye-tracking technology, (2) reviewed the previous research to improve the inspection in construction using experts' eye, (3) explored the potential of the application area of eye-tracking technology, and (4) established the framework to develop the advanced inspection method in two application area which are construction site safety management and infrastructure performance measurement.

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Evaluating Employee Fringe Benefits Provided by the Entrepreneurs in BSCIC Industrial Estates

  • Md. Mokarremul Hoque Helal MRIDHA;Md. KAMRUZZAMAN;Md. Alamgir HOSSAIN;Renhong WU
    • Asian Journal of Business Environment
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    • v.13 no.4
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    • pp.7-17
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    • 2023
  • Purpose: The objective of this study is to evaluate the fringe benefits provided by the entrepreneurs in BSCIC (Bangladesh Small and Cottage Industries Corporation) industrial estates in light of the relevant labor laws of Bangladesh. Research question: Fringe benefits are one of the major factors in compensation that play a vital role in employee satisfaction. However, the issue has yet to be taken into consideration in the industrial units. So, the question arises: what is the present condition of employee fringe benefits in industrial estates? Research design, data, and methods: To conduct this mixed-methods research, a total of 222 respondents were selected randomly from employees and entrepreneurs. Two sets of self-administered questionnaires and KIIs were used to collect primary data, while SPSS was used to analyze the data. Major findings and conclusions: The study shows that the conditions of leave and holidays do not comply with labor laws. Further, aspects of maternity leaves, disability/death benefits, retirement benefits, and other financial and non-financial benefits are found not to be at a satisfactory level and do not comply with the existing labor laws. However, the benefits relating to environmental issues are found to be satisfactory. It is expected that the study findings will contribute to the existing literature related to fringe benefits and will help stakeholders and policymakers in formulating and monitoring compensation packages.

Economic Stress, Coping Strategy and Psychological Wellbeing for Elderly Households (노인가계의 경제적 스트레스, 대처행동 및 심리적 복지감)

  • Park, Hye-Sung;Kye, Sun-Ja
    • Journal of Family Resource Management and Policy Review
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    • v.12 no.2
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    • pp.57-72
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    • 2008
  • The propose of this study is to examine the economic stresses and coping strategies for elderly households depending on the variables of background, and to analyze the relations between these factors. Elderly households which satisfied the following criteria were recruited for participation: (a) reside in Seoul, or in the metropolitan area (b) live apart from their adult children after retirement and (c) ages over sixty. From September 20th, 2006 to November 30th, 2006, 296 were used for this research. First, the mean score of the economic stress level of elderly households was 2.87 out of 5, and the stress levels of income expenditure and asset debt were intermediate. The mean score of the economic coping strategy was 3.17 out of 5. In order to overcome economic stress, elderly households utilized reducing their expenditure, financial management, and re-employment. The level of elderly households' life satisfaction was 3.29 of 5 and the depression was 3.17 of 5. Second, there was a difference in accordance with the objective economic variables and the degree of the economic stress after the review of the variables of the elderly households and the coping strategy due to economic stress. The result shows that the households which had a low economic status and high economic stress from the objective viewpoint participated in more economic activities. Their reactions were to decrease the overall expenditure through reducing the expenditure rather than to manage the asset effectively through re-employment or to inaugurating a business. Third, I analyzed situational factors, economic stress, and economic coping strategy in order to compare relative contributors to psychological well-being through using regression. At the third phase in the process of analysis, the socio-psychological factors appeared to be significant factors contributing to psychological well-being. Regarding the stress caused by income expenditure increased, when elderly households were more concerned about reducing expenditure and re-employment, their feelings of depression increased.

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Health Beliefs and Elderly Medical Expense Preparation for Baby Boomers (베이비부머의 건강에 대한 인식 및 노후의료비 준비에 관한 연구)

  • Cho, Hye-Jin
    • Journal of Family Resource Management and Policy Review
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    • v.16 no.2
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    • pp.123-143
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    • 2012
  • This study, based on a health belief model, examines how baby boomers perceive health and how they are financially preparing for future medical expenses. In addition, the study analyzes which factors influence baby boomers' preparation behaviors for future medical expenses and their perceived sufficiency of the preparation for medical expenses. Through such activities, this study examines baby boomers' current preparation status for future medical expenses, and based on this outcome, will turn the attention of individuals and society toward becoming more concerned with health and increasing health expectancy. For this study, an online survey was conducted targeted at men and women who were born between 1955 and 1963 and live nationwide, and its resultant data were collected. After conducting a 15-day survey in November 2011, a total of 418 questionnaire responses were used for the final analysis. The major findings of this study and their implications are as follows: First, baby boomers' health beliefs and their perceptions of health identified by subjective health conditions were very positive. Second, while there were some partial differences in the influencing factors, health beliefs and perceived health influenced the sufficiency of future medical expenses in the three groups, which were segmented according to how they prepare for future medical expenses-insurance-based, pension-based, and insufficiently prepared groups. Third, the baby boomers selected the national health insurance as the primary means of preparing for post-retirement medical expenses, and backed it up with private health insurance or the national pension. In addition, when baby boomers' perceived sufficiency of future medical expenses were examined, 57.6% of the respondents expressed that their old-age medical expenses were not sufficient. Fourth, in terms of baby boomers' preparation behaviors for future medical expenses, it was revealed that as one recognizes old-age health more seriously, he/she has a higher chance of using insurance and lower chance of using a pension to prepare for medical expenses. Fifth, regarding baby boomers' sufficiency of preparations for future medical expenses, economic factors such as total assets, the sufficiency of retirement assets, and the number of insurance policies, as well as health perceptions, including health beliefs and subjective health conditions, were important influencing factors.

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A Study on the Space Configuration according to the Operation of Residential Welfare Facilities for the Aged (노인주거복지시설의 운영에 따른 공간구성에 관한 연구)

  • Choi, Yun-Jin
    • Journal of Industrial Convergence
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    • v.17 no.1
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    • pp.7-16
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    • 2019
  • Korea, which became an aging society in 2000, has made transition to an aged society more quickly than expected since late 2017 after 17 years. Despite this trend, the awareness towards elderly housing facilities has not yet been raised across in society. The primary reason is that use of elderly housing facilities has not been promoted due to lack of understanding about the construction and management of the facilities. The housing of the elderly should be considered in terms of not only residential space but also the issues of medical care and continuous care. Therefore, the trend of elderly housing is pursuing the Continuing Care Retirement Community. Thus, this study analyzed the policies of existing elderly housing facilities and existing elderly housing through comparison with policies and housing of foreign countries. Based on the results, the the government intends to present characteristics and direction of suitable housing design of senior citizens' housing facilities through maintenance of UNIT, securing convergence through changes in the use of facilities, and realising the cost of operation, and studying social welfare measures to cope with the increasing number of elderly residents.

Older Couples' Housework before and after Retirement (노년기 부부의 노동시장 진입과 탈퇴 이후 부인과 남편의 가사노동 변화)

  • Lee, Sujin
    • Journal of Family Resource Management and Policy Review
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    • v.26 no.1
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    • pp.43-58
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    • 2022
  • In this study, I analyzed how the hours and frequency of housework change after older couples' retire, using data from the 1st(2007) to 7th(2018) years of the Women's Family Panel (KLoWF) conducted at the Korea Women's Policy Research Institute. In this study, couples where both the wife and the husband were 65 years of age or older were selected for the survey. A total of 2,482 people participated. The results as follows. First, as comparing between two time points, when the weekday housework hours of the wife and husband at t1 time point increased, the weekday housework hours of the wife and husband at t2 time point also increased. Second, on weekdays, when the wife's housework increased, the husband's housework also increased. On the other hand, on weekend, when the wife's housework increased, then the husband's housework decreased on weekdays.

The Difference Analysis between Maturity Stages of Venture Firms by Classification Techniques of Big Data (빅데이터 분류 기법에 따른 벤처 기업의 성장 단계별 차이 분석)

  • Jung, Byoungho
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.15 no.4
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    • pp.197-212
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    • 2019
  • The purpose of this study is to identify the maturity stages of venture firms through classification analysis, which is widely used as a big data technique. Venture companies should develop a competitive advantage in the market. And the maturity stage of a company can be classified into five stages. I will analyze a difference in the growth stage of venture firms between the survey response and the statistical classification methods. The firm growth level distinguished five stages and was divided into the period of start-up and declines. A classification method of big data uses popularly k-mean cluster analysis, hierarchical cluster analysis, artificial neural network, and decision tree analysis. I used variables that asset increase, capital increase, sales increase, operating profit increase, R&D investment increase, operation period and retirement number. The research results, each big data analysis technique showed a large difference of samples sized in the group. In particular, the decision tree and neural networks' methods were classified as three groups rather than five groups. The groups size of all classification analysis was all different by the big data analysis methods. Furthermore, according to the variables' selection and the sample size may be dissimilar results. Also, each classed group showed a number of competitive differences. The research implication is that an analysts need to interpret statistics through management theory in order to interpret classification of big data results correctly. In addition, the choice of classification analysis should be determined by considering not only management theory but also practical experience. Finally, the growth of venture firms needs to be examined by time-series analysis and closely monitored by individual firms. And, future research will need to include significant variables of the company's maturity stages.

Improved System for Establishing a Culture to Wear Personal Protective Gear (개인보호구 착용문화 정착을 위한 제도개선)

  • Jeung, Sueng Hyo;Lee, Yong-Soo;Kim, ChangEun
    • Journal of the Korea Institute of Construction Safety
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    • v.2 no.1
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    • pp.16-20
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    • 2019
  • About 50% of disasters occurring at domestic construction sites are caused by the accidents not wearing personal protective equipment. Under the current statutes, employers are required to provide personal protective equipment and workers are required to wear personal protective equipment. However, there is insufficient compliance with wearing personal protective equipment on site. This study is about the measure of improving the system to the way of purchasing, wearing and managing personal protective equipment by individual workers, and refunding the cost of personal protective equipment to workers. It is expected that this thesis will improve the system of personal protective equipment effectively, and contribute to the prevention of disasters by settling the culture of wearing personal protective equipment.