New research from Boston College’s Sloan Center on Aging & Work finds that employees 40 years old and older are the most engaged and demonstrate the the highest level of organizational commitment. It also finds that those 50 years old and older are the most satisfied with their jobs.
The Sloan Center’s Generations of Talent Study gathered data about work experiences from 11,298 individuals working for seven multinational companies, at 24 worksites in 11 countries. The researchers divided the countries into “old-developed countries,” or those with older populations and developed market economies (Japan, the Netherlands, Spain, the U.K., the U.S.) and “young-developing countries,” or those with younger populations and developing market economies (Brazil, China, India, Mexico, South Africa and Botswana).
In both sets of countries, workers 40 years old and older reported higher levels of engagement, organizational commitment and job satisfaction than their younger colleagues, the study found. It also found that job satisfaction is highest among those 50 and older and nearly as high wtih those who are younger than 30.
“Contrary to popular opinion, older workers are the most engaged, and forward-thinking companies need to begin strategizing about how to capitalize on this asset,” said Dr. Marcie Pitt-Catsouphes, the Sloan Center’s director.