May 17, 2019
Older employees are likely to enjoy improved wellbeing, according to a new study from The Myers-Briggs Company. The research claims that workplace wellbeing progressively increases with age and also highlights workplace relationships as one of the most important elements of wellbeing.
Data from the three-year international study, which surveyed over 10,000 people from 131 countries, revealed that the youngest age group (18–24 years) report the lowest levels of wellbeing (6.77 on a 10-point scale) and the oldest age group (65+ years) reported the highest levels (8.14). The research supports a widely held hypothesis that people develop ways to support their wellbeing with experience; something that presents an opportunity for senior-aged workers to help mentor their younger co-workers and enhance organisational wellbeing.
Recent research has indicated up to 80 percent of people in large organisations are not engaged with their work
By contrast, the research found that country culture and gender play little part in contributing to workplace wellbeing; however workplace relationships are of key importance and personality type also makes an impact.
Commenting on the findings, John Hackston, Head of Thought Leadership at The Myers-Briggs Company, said: “Growing evidence shows wellbeing influences a wide range of life outcomes and, despite organisations spending vast sums on “wellness programs”, few companies use real insight to inform their workplace wellbeing strategies. Companies should consider how they can leverage these insights to benefit their workforce. For example, drawing on the wisdom and experience of senior-aged workers to help mentor their younger colleagues can be a key benefit; with mentorship programmes one way to do this.“
Recent organisational research has indicated up to 80 percent of people in large organisations are not engaged with their work, something that results in huge losses in productivity. We know that improved employee wellbeing leads to greater commitment to the organisation, improved job satisfaction and a reduced likelihood of job hopping, and ultimately helps to drive business success.“
And considering the currently record-low unemployment levels across the UK, organisations have to compete fiercely for the best talent. Offering excellent workplace wellbeing is one way to engage and retain employees, both young and old alike.”