Workers who have too much work feel happier in their jobs than those who have too little.
The global research was carried out by Sorita Consulting Europe and measured job satisfaction on a 100-point scale.
Employees who felt they had 'much too much work' scored a job satisfaction rating of 42, compared to a rating of 32 from those who felt they had 'much too little work'.
Europeans view their workload very differently to their trans-Atlantic colleagues.
Employees in Europe gave being excessively under-worked a satisfaction rating of only 12 per cent compared to North American employees who gave a satisfaction rating of 36 per cent.
Managing director of Sirota Consulting Europe, Nick Staritt said: "Although there is a cost to employers when their employees are over-worked, there may be an even bigger cost due to boredom from being under worked."
"Companies need to consider employees' expectations for having the proper amount of work in order to achieve the best productivity, morale and employee retention. It's a balancing act to get this formula right for all types of workers in different settings."
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