As the number of older workers in the New Zealand workforce continues to grow, it has become increasingly important to address the issue of work-life balance for this demographic. However, a one-size-fits-all solution is not the answer, as the needs and preferences of older workers can vary greatly. To gain a better understanding of the effects of work-life balance on anxiety and depression among older employees, researchers conducted a study involving 512 workers aged 55 and above.
The survey revealed that older workers who reported high levels of work-life balance were better able to manage their work, family, and other responsibilities. In contrast, those with low levels of work-life balance experienced significant job stress, leading to higher levels of anxiety and depression. Notably, the 55-59 age group reported the strongest benefits of work-life balance, while those in the retirement age group (65 and older) experienced a reduction in job stress, possibly due to the financial security of receiving government income.
The findings also highlighted the need for age-relevant approaches to support the work-life balance of older workers. Employers should consider allocating resources to help manage job stress and provide well-being resources that emphasize the positive aspects of aging. For instance, older managers could be speakers in organizational wellness initiatives. By promoting work-life balance, companies can create a healthier and more productive workforce, resulting in lower levels of anxiety and depression.
It is important for older workers themselves to recognize the factors that contribute to or hinder their work-life balance. Since many individuals aged 55 and over will remain in the workforce for years to come, understanding and prioritizing work-life balance is crucial for their overall well-being.
In conclusion, work-life balance is essential for the satisfaction and productivity of older workers. Employers should adopt age-specific strategies to support the work-life balance needs of this diverse group, while older workers should proactively identify and address factors affecting their work-life balance. By doing so, both parties can contribute to a healthier and more fulfilling working environment.
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- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
