This study analyzed the impacts of ‘mid-life crisis’ from the extrem stress, experienced by organizational members in the middle-age or mid-career stage, on organizational commitment, job satisfaction and turnover intention among organizational ef...
This study analyzed the impacts of ‘mid-life crisis’ from the extrem stress, experienced by organizational members in the middle-age or mid-career stage, on organizational commitment, job satisfaction and turnover intention among organizational effectiveness variables. To identify the variables that can buffer the negative consequences resulting from the perception of mid-life crisis, this study verified moderating effects of self-efficacy and internal organizational support.
The data for this study is collected by self-administered questionnaires survey of 421 married employees over 35 years old, working at 17 companies in Korea.
The main results of empirical analysis were as follows: First, the mid-life crisis is characterized by a particular stress, which consists of four sub-factors, perceived by a sense of emotional crisis, changes in self-awareness, a sense of crisis in work, and a sense of crisis in family.
Second, it is identified that the employees who perceived these mid-life crisis decrease in organizational commitment and job satisfaction, and increase in turnover intention. And it is partially identified that the employees who perceived one of four sub-factors of mid-life crisis decrease in organizational commitment and job satisfaction, and increase in turnover intention.
Third, self-efficacy has an effect on buffering the decrease in organizational commitment and the increase in turnover intention, but it has no effect on buffering the decrease in job satisfaction resulting from the perception of mid-life crisis.
Lastly, internal organizational support has an effect on buffering the decrease in organizational commitment, and leader's support has an effect on buffering the increase in turnover intention resulting from the perception of mid-life crisis. But internal organizational support has no effect on buffering the decrease in job satisfaction and coworker's support has no effect on buffering the increase in turnover intention.
The implications of this study are as follows. First, by applying the conception of mid-life crisis to organization, this study suggest that CEOs take issues of mid-life crisis as a new variable of business management. Second, employees in middle-age or mid-career stage are important managers or skilled workers in company, therefore it is necessary for CEOs to pay attention to and manage a particular stress that they experience. Third, this study implies that it has to prepare internal organizational support of various forms like mentoring program by superior, and to develop programs to intensify self-efficacy of organizational members in order to buffer decreasing organizational effectiveness resulting from the perception of mid-life crisis.