Millennials follow the money at work
December 9, 2014
Source: Chicago Tribune
If quitting for another job is the only way to get a raise, half of millennials say they are willing to jump ship.
That’s according to a survey by Addison Group, a Chicago-based professional staffing services firm.
Addison also found that about 40 percent of millennials also expect a promotion every one or two years; a third said they’re looking for a raise or promotion this year.
The study surveyed 1,006 working Americans born between 1946 and 1995.
Millennials, more than older generations, view having their own office as a right rather than a reward — 38 percent, compared with 29 percent of baby boomers and Gen Xers, the survey showed.
Millennials also are more likely to believe that they should earn bonuses and raises more often than once a year, and 47 percent believe — along with their GenX counterparts — that getting a raise is a right, according to the survey results.
There may be other ways to keep Millennials happy, the survey showed, other than showing them the money.
For example, 43 percent of millennials described their ideal company as one that provides internal training opportunities. Less than a third of millennials are satisfied with training and learning opportunities available at work.
Millennials want to experience frequent progression in their careers, the survey found. Two in 5 of them said people should hold five or more different jobs throughout their careers.