Too much stress, too little salary
Many over 50-year-olds want to change jobs
05/28/2023 3:44 p.m
According to a recent survey, almost every second employee over the age of 50 finds their salary too low, and every third person feels stressed and badly managed. Therefore, the willingness to change is not only great among younger people. But more money is not the most important thing.
According to a study commissioned by the Xing job network, people over the age of 50 are relatively willing to change jobs. According to a report by the Funke media group, in the representative Forsa survey, 19 percent of 3,216 employees subject to social insurance who were surveyed stated that they were open to a new job. The main reasons are too low a salary (45 percent) or too much stress (37 percent).
Dissatisfaction with the strategic orientation of the company (35 percent) and poor management in the previous job (33 percent) were also given as reasons in the survey. According to the study, when they find a new employer, the over-50s place particular value on good team spirit among colleagues (71 percent), a higher salary (67 percent) and more flexible working hours (66 percent).
“The needs of the most experienced generations on the labor market are often overlooked in favor of the younger ones,” Petra von Strombeck, CEO of the Xing parent company New Work, told the Funke newspapers. Too little consideration is given to the fact that these “often still have 10 to 15 years left in their professional life and are an asset to an age-diverse corporate culture”.
In times of labor shortages, it is fatal for companies to lose their most experienced and longest-serving employees, Strombeck warned. “Because they also take a lot of knowledge and important contacts with them.” Companies must therefore ask themselves how they can remain an attractive employer for older employers, said the New Work boss.