Seizing the benefits of age diversity: could empowering leadership be the answer?

The Importance of Intergenerational Leadership Praxes and Availability of Key Information for Older Employee Burnout and Engagement in the Context of Firm Size

The main aim of this study was to analyze the effects of availability of key information and intergenerational leadership on burnout divided into physical symptoms of burnout and emotional symptoms of burnout and work engagement regarding the firm size during the coronavirus disease 2019 (COVID-19). The empirical study included 583 older employees in Slovenia who participated in the survey during the COVID-19 pandemic. Structural equation modeling was used to explore the effects between constructs. We analyzed structural paths for the entire sample and for the two groups (small and large companies). According to the results concerning both groups, the impact of the availability of key information on emotional burnout is negative only for small companies. Contrary to that the negative impact of intergenerational leadership on emotional burnout is much stronger in large companies. Concerning the impact of physical burnout on emotional burnout, the positive impact of physical burnout exists in both types of companies but is stronger in small companies. The findings will contribute to a clearer picture and the adoption of further measures to prevent burnout in the workplace and increase work engagement concerning the firm size, especially during the COVID-19 pandemic.

Healthy and Entrepreneurial Work Environment for Older Employees and Its Impact on Work Engagement during the COVID-19 Pandemic

Managing older employees is a major challenge for companies, especially during COVID-19. Therefore, creating a healthy and entrepreneurial work environment as well as an inclusive culture within organizations is crucial for companies to maintain their sustainable advantage. The main objective of this paper is to develop a multidimensional model of a healthy and entrepreneurial work environment for older employees and determine its impact on their work engagement during COVID-19. Structural equation modeling was used for data analysis. The results show that workplace health promotion, entrepreneurial working conditions, and leadership lead to better well-being of older employees. In addition, entrepreneurial working conditions that promote intergenerational synergy lead to higher work engagement of older employees, especially during the COVID-19 pandemic. For the elderly, the entrepreneurial work environment is therefore particularly important, even though entrepreneurship is mostly attributed to younger men. In addition, older employees’ well-being and the promotion of intergenerational synergy have a positive impact on their work engagement. The results will help companies better manage their older employees, shape their workplace, and increase the sustainable benefits of their businesses during and after the COVID-19 crisis.