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Changing Expectations: What Millennials Now Look For in a Career

Changing Expectations: What Millennials Now Look For in a Career

Members of older generations have had a lot to say about millennials, and millennials have provided them with plenty of rebuttals. From the older generation’s corner, accusations of laziness and entitlement fly, while millennials insist that poor economic conditions and inflation have made success nearly impossible for their generation. But neither of these perspectives focuses on the positive changes millennials have brought to the workforce, and to the world. In reality, an incredibly positive revolution is happening just below the surface – and while millennials are getting flack now, they are simultaneously paving the way for a more innovative career culture in the future.

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One of the common reasons older generations view millennials as fickle and lacking in dedication is because they are much less likely to stick with one employer throughout their lives. In fact, a 2008 study showed that 75% of millennial participants expected to have between 2 and 5 employers in their lifetime. In a more recent assessment, more than one-quarter of millennials said they expected to have 6 employers or more.

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From the surface, this might appear fickle – why so much change? But one can also interpret this trend as enhanced focus, rather than a lack thereof. Millennials are well-aware of when they outgrow a position, and will quickly move along to a new role that better suits them. Also, millennials are the most underemployed generation, struggling in jobs that don’t pay the bills and that fall far below their level of expertise. In this case, continued career upgrades are not only smart but financially necessary – especially for those that plan to get married and have children.

Brands With Values

Gone are the days when corporations could act on questionable ethics and get away with it. Nowadays, corporate scandals go straight to social media, sometimes even going viral within hours. Millennials strive for careers with “purpose,” not ones in which they will be spinning their wheels or making unethical decisions just to avoid being fired. In a Brand Amplitude poll, 75% of millennials claimed businesses should impact society in a positive way, along with creating jobs and profit. Thus, millennials have taken a special interest in social enterprise and sustainable business.

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Not only are millennials doing things differently, but they are also more numerous, intensifying their impact on modern businesses. According to a report by PwC, “Millennials make up 25% of the workforce in the US and account for over half of the population in India. By 2020, millennials will form 50% of the global workforce.” For this reason, companies who are hiring millennials would be wise to have strong brand values, and most importantly, ensure that they embody those values in their actions.

Personal Development

Millennials are an individualistic generation, valuing personal growth and skill-building over job security. They are not tied to the idea of obtaining a fixed, specific role – such as becoming an accountant at a top bank. Rather, they are interested in finding a job that fits them. Perhaps this is why one poll found that “71% of American adults think of millennials as “selfish.” But does making work-life balance a priority equate to selfishness? Or rather, is it an indication that millennials have standards and goals for how they want to live their lives?

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Offering opportunities to learn, grow, and experience new things is another smart choice for modern companies that want to attract and retain millennials. A Business Insider survey showed that nearly 20% of millennials polled named Google as their ideal employer – a higher percentage than both Apple (13%) and Facebook (9%). It is no coincidence that Google offers paid maternity leave for parents, tuition reimbursement, and paid vacation. Thus millennials have clearly indicated that they are willing to be productive and dedicated to a company that helps them achieve work-life balance.

Dubbed “creative disrupters” in a 2015 Bank of America study, millennial influence is expected to grow as other generations diminish. The challenge for millennials will be to manage technology without letting it overtake them, along with managing the stress that inevitably comes with a technology-driven, fast-paced work environment.

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Featured photo credit: Flickr | ITU Pictures via flickr.com

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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