Reports show that by 2020 millennials will make up a third of the global workforce, but what do members of this digital generation really look for in a career?
The ManpowerGroup, whose job is to find work for 3.4 million people, about half of whom are millennials, surveyed the careers and working environments of 19,000 millennials to find out. The report aimed to find out how different they are from the rest of the workforce, which development opportunities they are motivated by, and why they choose to stay with employers.
The nature of millennials: They exist in a fast-paced world, and their work expectations aren’t much different – they want a career that offers variety and quick progression.
Does this positivity stem from their generational attributes of being innovative, digitally diverse and entrepreneurial, allowing them to explore any avenue to reach success in the event of unemployment, or are millennials naive about what it means to survive in the workplace?
Millennials are an extremely hard-working generation, already working harder than any of the generations before them. With an awareness of the value of growing their skills, strengthening relationships, and exploring opportunities, most millennials don’t mind putting in extra hours:
Since millennials spend so much time dedicated to their jobs already, 84% expect significant breaks during their working lives, supporting the idea that career waves are the new career ladder in earlier generations. And because most millennials know they’ll work longer than previous generations:
With such a specific outlook on their career-pace, millennials seem to be planning for the long haul, aiming to find work that offers long-term, stable employment.
When it comes to what the “right” amount of time is to remain in one role before moving to another or being promoted:
On top of pay, security, and time off:
But not all millennials are the same – males and females differ in what they want out of life and the workplace:
Instead of remaining in one job for the rest of their lives, millennials see the need to gain continuous new skills to highlight employability:
With millennials redefining how we view job security, businesses can learn from their move toward career security – ensuring millennials, and all other employees, get what they seek from the working journey, not their current job title.
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