HOME ECONOMICS SKILL ACQUISITION FOR SUSTAINABLE RETIREMENT.

Abstract

The study assessed the level of workers’ skill acquisition in readiness for retirement among the Academic staff of Bamidele Olumilua University of Education, Science and Technology, Ikere. The study adopted a descriptive research design. The sample size of 160 workers was drawn from the population of 345 members of Academic Staff Union of Universities (ASUU), Bamidele Olumilua University of Education, Science and Technology, Ikere chapter. The instrument for data collection was a self-structured questionnaire tagged “BASARQ BOUESTI ASSU Skill Acquisition for Retirement Questionnaire. Two research questions raised to guide the study were answered using descriptive analysis of simple frequency count, percentage, mean and standard deviation. Two (2) research hypotheses formulated for the study was tested at 0.05 level of significance using Pearson Product Moment Correlation statistic. Findingsrevealed that there was significant influence of awareness and orientation about Home Economics skill acquisition on the retirement plan of workers. It was also revealed that there was no significant influence of high-level awareness of Home Economics skill acquisition on the retirement plan of workers. The study concluded that employee’s previous education, training, and experience on entrepreneurship can serve as means of preparing employees for entrepreneurship at retirement. The study recommended that workers should not depend on government pension scheme alone for retirement plan rather they should acquire laudable skills especially in-HomeEconomics as a way to sustain themselves when government pension fails. Also, it was recommended that Home Economics programmes and extension programmes such as workshops, seminars, symposium, and conferences should be organized in establishments to create awareness of the various skills in Home economics.