New research suggests that millennials, those born between 1980-1999, choose to stay in the same career for fear of starting from scratch. Further, such workers are searching for meaning and importance in their work, looking for their role to bring them job satisfaction.
The survey by education charity Teach First has shown that 53% of the millennial generation have remained in the same job. This contrasts with the common stereotype that millennials constantly switch careers, rather than opting for a job for life.
‘people talk a lot about millennials moving from one career to the next, constantly looking for more progress and greater responsibilities. I think this research shows that some of that is unfair.’
‘although they are a bit more mobile than previous generations, what they are really searching for is greater meaning in their work and a role that will bring them the satisfaction and the social impact that they are looking for.’
The survey suggests that a major factor preventing young workers from changing job is the fear that it will not work out and the implications of starting a job at entry level.
Job satisfaction is an important consideration for younger workers; the survey found that only 19% of millennials wold prefer a higher wage over job fulfilment. Further, 29% of millennials would find their job more rewarding if they were making a difference to other peoples’ live and 32% are not satisfied in their current jobs.
Hobby, for Teach First, added:
‘pay is important but I don’t think it is the pay cut that worries people as much as just starting from scratch altogether and potentially not being recognised for the contributions and developments that they have earned beforehand.’
Teach First has suggested that a career in teaching can provide millennials with the job satisfaction they are searching for, allowing them to correct problems in society.