For the 13th consecutive month, baby boomers are the happiest generation in the workplace, reporting an average happiness level of 7.1 on a scale of one to 10, according to a new survey by ADP Canada Co.
The survey, which polled more than 1,200 workers, found generation Z (6.7 points) was the next happiest generation, followed closely by millennials (6.6 points) and generation X (6.5 points).
Overall, the average national work happiness score increased to 6.9 points in January, up 0.1 point from December. Indeed, more than two-fifths (44 per cent) of respondents said they feel satisfied with their current role and responsibilities, while just nine per cent said they’re actively pursuing a role at a different company within their industry this year.
Read: Gen Z employees reporting decreased happiness at work: survey
However, more than a third of all respondents said they’re actively planning to develop new skills in 2024 (38 per cent) and earn a higher salary within their company (36 per cent). Notably, half (50 per cent) of generation Z respondents said they’re actively planning to develop new skills and 44 per cent are striving to earn a higher salary in their company this year. They’re also most interested in entrepreneurship, with nearly a quarter (22 per cent) wanting to start their own business this year.
The No. 1 factor driving workplace happiness continued to be work-life balance (6.8 points), though it saw a slight drop from in December (seven points). Recognition and support (6.6 points) saw the most significant increase following its lowest recorded score (6.7 points) in December, followed by compensation and benefits (6.1 points) and options for career advancement (5.9 points).
“With skill development at the forefront, a variety of professional development courses and opportunities for employees to gain tangible knowledge may offer or strengthen employee retention and interest amongst the wavering workforce,” said Heather Haslam, ADP Canada’s vice-president of marketing, in a press release.
Read: Survey finds 47% of Canadian workers happy with current role, responsibilities