European Policy Analysis Volume 2, Number 1, Spring 2016 | Page 81

European Policy Analysis to Eurostat, 83.4% of temporary employed Bulgarians and 62% of Estonians in age 55–74 couldn’t find permanent job. So even if the limited contract ensures more instability in the labor market, it can encourage employees to work longer after retirement. Job security, the type of organization, and the type of employment contract show that, in the Central and Eastern European countries, there is still some space for policy instruments related to the higher employment protection of older employees. Unlimited Limited No contract 100% 80% 60% 40% 20% 0% LT LT EE EE HU HU PL PL SK SK CZ CZ SI SI BG BG Wanted to Preferred Wanted to Preferred Wanted to Preferred Wanted to Preferred Wanted to Preferred Wanted to Preferred Wanted to Preferred Wanted to Preferred retire to continue retire to continue retire to continue retire to continue retire to continue retire to continue retire to continue retire to continue in paid in paid in paid in paid in paid in paid in paid in paid work work work work work work work work Figure 4. Wanted to retire and preferred to continue in paid work by the type of the contract (%, ESS5) Working Conditions to retire. The results from Poland confirm the findings from Szubert and Sobala (2005) about overtime work as a risk factor for early retirement. However, there are two exceptions—respondents who work for longer hours in Slovenia and Hungary are willing to stay in the labor market for longer duration. This may be related to the previous topic of the well-paid job as the level of the incomes from work in these countries was higher among the analyzed countries. So we assume that in order to get higher incomes, the population of these countries is ready to meet more demanding working conditions, such as slightly longer work hours. Income from work. In general, the importance of high income from work is seen in all analyzed countries for both groups of respondents. The respondents from Bulgaria, Estonia, and Slovenia preferred to continue in paid work, and they pointed out that high income is important for choosing a job. Hence, low wages and also low retirement provision in these countries are the constraining obstacles for the decision to work. Hours worked. The respondents from Poland and Slovenia work longer hours per week (more than 45). In Central and Eastern European countries, those who work overtime, in general, preferred 81