Are you satisfied with your job? Maybe why is your age?
There is a huge gap between how happy workers are in work between the oldest and youngest generations.
57.4% of US workers under the age of 25 are satisfied with their job, but that doesn’t hold candles in 72.4% of those over the age of 55 do so. Report from the conference committee.
The gap between older and younger workers is noteworthy, but the vast number of people who say, “I love my job” is pretty impressive.
Overall, I earned 5.7% points in job satisfaction. This is the largest one-year increase in the 38-year history of the survey.
“We were surprised that job satisfaction was overall job-seeking and we may have been surprised that there was a significant increase across individual factors of job satisfaction,” said Allan Schweyer, chief researcher for the conference committee, told Yahoo Finance.
This study measures a variety of factors, including compensation, retirement and pension plans, sense of belonging, engagement, mental health, performance feedback, workload, hybrid flexibility, leadership quality, and growth opportunities.
The most distinctive factor when it comes to loving your work is your interest in your work, followed by the close quality of your leadership, organizational culture, workloads and relationships with worker supervisors.
He said these factors are more important to people than the value of wages, bonuses, health insurance and holidays wages.
Gain was particularly strong for female workers, increasing by more than 8%. However, women are less satisfied than men with wages, bonus plans, pensions and retirement plans.
Workers who earn six figure salaries are slightly more satisfied than reducing their income. And hybrid work arrangement workers can be consistently more satisfied and likely to stay.
Let’s go back to the old and young cuttings.
There are several fundamental reasons for differences in opinion. Researchers say that while they don’t value manageable workloads and meaningful tasks for starters, employees in late careers prioritize these elements of their work at a higher level than their younger colleagues.
But it gets deeper. “In general, the older workers we work with are more hopeful, more determined and less frustrated,” said Gwen Rosener, partner and co-founder. FlexProfessionalsa recruitment and staffing company in Boston and Washington DC told Yahoo Finance.
“After years of navigating good and bad bosses, jobs and the economy, they’re pretty realistic, resilient and more satisfying,” she said. “They have a more milder expectations about what jobs have to offer. They don’t follow the heavy ideal of changing the world like many younger generations. They want to contribute, feel cherished and enjoy their work.
For the younger set, fear of unknown people may rattle them.
“Young workers have begun to experience the tough job market over the past year or two,” Schwier said. “New university graduates have very high employment rates. The ability to improve wages and job experience by switching jobs is also eroding.”
He added that younger workers may also be missing out on the benefits of working in the office.
I contacted a small number of workers over 55 to ask first-hand how happy they are in their work and why.
“What makes me very happy at this stage of my career is that the work itself is not only interesting to me, but it’s a small organization that values my experience,” Tom Pavilon, 63, strategic account manager for a Boston scouting company, told Yahoo Finance.
But it’s psychological cool that comes with years of work, a powerful element.
“At this age, you saw it all, so you no longer had you put your work before,” Pavilon said. “Specific behaviors that still exist in the workplace, you shook your head. And there are things that you think young workers are blowing up the world you know. That perspective makes your work even more fulfilling because you don’t bother the noise.”
According to a new report from the conference committee, 57.4% of reports under the age of 25 are happy with their jobs, but that number is lower than 72.4% of reports over the age of 55. ・Xavier Lorenzo via Getty Images
For Paula Harper, 56, who lives in northern Virginia and works part-time as a virtual executive assistant to the association’s president, her job is “keeping her plug and having low stress levels.”
That contrasts with her for over 20 years working full-time at the Higher Education Administration.
Harper left the workforce for six years to become a caregiver for his family.
“I’ve just dipped my toes this year and now my work gives me a bit of it, but at the same time, I don’t have to be under pressure for a full-time, mid-level or high-level role, I can stay in the game and make small contributions.
“The biggest point: I’m doing something,” she added.
One note about these happy workers that should not be ignored: employers and workers have been riding pins and needles recently.
“Just as the economy, wage improvements and strong employment may remain high for now,” Schwier said. “If uncertainty turns into a recession and much higher unemployment, satisfaction can drop significantly.”
