Job satisfaction key to happiness, EU study reveals
Europe's labour market is in a state of flux, with workers feeling strained by tighter deadlines and increasing workloads. Ageing populations are likely to add to the stress, and even stress-related health problems. But job satisfaction, says the EU-funded Epicurus study, is the key to contentment.
These were the unusual findings of the three-year pan-European study of societal and economic effects on quality of life and well-being, carried out by EU-funded researchers in the project named after the philosopher. Several UK newspapers, including the The Daily Mail and The Times, picked up on this unexpected turn.
“Career fulfilment provides workers with the means to maintain life satisfaction, according to our results,” lead researcher Ioannis Theodossiou of the Centre for European Labour Market Research (UK) is quoted in the Scottish daily The Scotsman as saying. This comes as sobering news, as evidence comes to light of an alarming rise in stress-related illnesses among employees working in high-pressure jobs with tight deadlines. And yet the labour market is demanding more flexibility, mobility and versatility from European citizens, as it restructures itself to meet shifting socio-economic realities.
“The effects of socio-economic status and working patterns on individuals' quality of life and well-being is an issue of policy concern and deserves attention,” note the researchers in their key findings based on the studies in Britain, Denmark, France, Greece, the Netherlands and Spain.
Perhaps less surprising…
The type of work performed and employment status are also factors determining the level of contentment at work, and inevitably at home. Those working on a part-time basis by choice are generally happier than full-time workers and involuntary part-timers. Rotating shift work and a top-down approach to rostering are not favoured by European employees.
People living with disabilities and illness are also grateful for the opportunity to work part time. “If labour markets accommodate individuals who are unable to work full time due to ill-health, there will be a direct gain for society in terms of lower transfer payments, as well as … increased satisfaction and well-being of the sick or handicapped workers,” note the researchers.
Perhaps more surprising, team working is not as popular as employers might think. “This potentially reflects the employee's beliefs that teamwork negates their decision-making independence [and] individuals loathe the free-riding that takes place within teams,” the results suggest.
Among the remaining findings, loyalty on both sides of the employment equation is highly valued, and employees express a strong desire to retire early (between 55 and 60), which could be a major headache for European economies given the potentially shrinking labour force as the baby-boomers reach retirement. The results, presented to EU officials and decision-makers at a recent conference in Brussels, will be used to help shape future employment policy.Epicurus, news sources