Here the key to happiness at work

Recent research from Seek, a recruitment website, reveals that Baby Boomers working in banking and finance are the happiest in their work, with approximately seven to eight out of 10 expressing satisfaction. In contrast, Generation Z and Millennials reported lower levels of happiness at work. The primary reasons for workplace happiness include having a sense of purpose, daily responsibilities, company culture, salary, and stress levels. However, there is a disconnect between what makes younger generations happy and their current work experiences. Banking and finance professionals reported an 80% happiness rate, while accountants were seven out of 10. In contrast, healthcare and medical workers, as well as hospitality and tourism employees, had the lowest levels of happiness, with a score of five out of 10. The Seek country manager, Rob Clark, suggests that the lower happiness levels in industries like healthcare and hospitality may be due to ongoing challenges and changes. He also notes that younger generations face higher costs of living, inflation, and unemployment rates, which may contribute to their lower happiness levels. Despite salary being a significant factor in workplace happiness, not everyone is satisfied with their pay. Employers can improve transparency and communication regarding salary reviews to address this issue. Overall, the research indicates that older workers, particularly those in banking and finance, tend to be happier in their jobs. However, there is potential for improvement in younger generations workplace happiness as they navigate various challenges and changes in their respective industries.

Source: rnz.co.nz
Published on 2024-09-24