What Millennials definitely want at work

5 steps to ace which job interview

A brand new study reveals what you probably already know: If you’re a Millennial that has a job, work isn’t living up to your expectations.

This particular turns out which young people, while enthusiastic workers in addition to successful employees, have a lot of anxiety in addition to uncertainty about their work, according to a brand new study via strategy firm Department26.

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“When asked about their first job out of college, most of them said This particular was pretty much a disaster, a huge let down in addition to an impetus to do something different,” said Betsy Wecker, insights director at the strategy firm in addition to author of the study, which included a survey of 1,000 Millennials in addition to in depth interviews with 26 young people.

“Millennials don’t believe in money,” says Wecker, “they believe in themselves.”

Here’s what they’re looking for, according to the survey:

Wealth (not money)

When you talk about wealth with Millennials, money may not even be a part of the discussion.

“We found This particular generation values wealth — defined as experiences — over money itself,” says Wecker.

“Retirement” as a concept doesn’t rate. Neither does “nest egg.”

The most important thing isn’t building up This particular huge stash of money just to have This particular, Wecker says. “For Millennials the goals are totally different: if they can pay their bills in addition to travel a little, what matters most is usually which they are doing something inspiring which they feel passionately about.”

Those surveyed ranked “being in a role I’m passionate about” above salary in addition to some other benefits. When asked what they value most, “freedom” was often mentioned.

in addition to companies may find those young people will walk if they don’t see the meaning in This particular — no matter how much they are paid.

Transparency, feedback in addition to vision

Transparency is usually the Millennial standard operating procedure inside the workplace, according to the report, in addition to having a clear vision for the future.

“Contrary to what people believe, they aren’t afraid of criticism,” says Wecker. “They are actually looking for feedback.”

The report shows the want for near constant feedback, which legacy organizations might not be prepared for. Working with younger employees means quieting their anxieties by providing transparency in addition to a clearly articulated vision of what’s next, the report says.

Vision via leadership which clarifies the future is usually appealing to Millennials in addition to can increase retention, according to the report.

“They are looking for definitely strong leadership with audacious goals,” says Wecker.

The company entrepreneur

In order for Millennials to feel empowered inside the workplace, according to the report, they need to be treated like the entrepreneurs they imagine themselves to be.

Not which many are actual entrepreneurs.

Despite an overwhelming drive to brand themselves in addition to be their own boss, few Millennials actually run their own show. The report says This particular is usually due in part to their high levels of indebtedness in addition to their resulting risk aversion.

“They want to be building a life of their own design,” says Wecker. “yet which still may be working for someone else. They are looking for an environment where they feel like they are trusted in addition to have some ownership over their work.”

sy88pgw (brand new York) First published December 29, 2017: 10:12 AM ET

What Millennials definitely want at work

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