Talk about age and performance at work
Posted in Business on January 30th, 2008
The relationship between age and job performance may be an issue to most of us with the increasing importance during the next decade. There is a widespread belief that job performance declines with increasing of age. Whether its time or not, business corporations believe it and act on it. Thus there are government offices that has limited the age retirement at 62 years old optional and 65 years old as compulsory retirement.
What effect does age have on turn over, absenteeism productivity and satisfaction? Studies show that the older you get, the less likely you are to quit your job. As workers get older, they have a few job alternative opportunities. In addition older members are less likely to resign because their longer tenure tends to provide them with higher wage rates, longer paid vacations and more attractive benefits. Older employees have lower rates of avoidable absences then do younger employees. However, they have higher rates of unavoidable absences. This could be due to poor health and longer recovery period associated with aging. It is assumed that an individual’s skills particularly speed, agility, strength, and coordination decay over time and prolonged job boredom and lack of intellectual stimulation and forgetfulness all contribution to reduced productivity.
As to age and job satisfaction among professionals, satisfaction tends to continually increase as they age, whereas it falls among non-professionals during middle ages and then rises again in the later years.