Understanding the experiences and needs of a multigenerational workforce
heartbeat.peakon.com
heartbeat.peakon.com
You'd have to be utterly insane to find meaning in that.
What a time to be alive.
Indeed, there is reason to believe the opposite. Millennials are generally more conservative than the baby boomers were at the same age: https://www.cnn.com/2016/09/07/health/millennials-conservati.... That may carry over to attitudes towards things like work.
I use the triad of "money, stability, and prestige," to weigh the value of a role. Young people are naturally attracted to the money-prestige roles, where older workers want stability-money roles. People who value prestige-stability roles tend to be in academia, where prestige-money roles are in the arts/media/politics/non-profit sectors. I am sure there is a gender/sex axis for these preferences as well.
In terms of what you need in a role, admit you need prestige to increase your profile that gets access to greater opportunity. Commit to valuing stability if the things that are important to you are not in the marketplace, and if money is truly your goal, recognize it's almost always made by forgoing prestige and stability - those things come after, if at all.
When you are making a decision about whether to take a role, stay with your current one, or be content with it, the problem tends to reduce to a balance of these factors. Mistaking one of these for another is the recipe for being unsatisfied.
If that's correct, couldn't age (specifically life experience) play a large factor in the results? Certainly as I get older, my perspective on work -- and everything, really -- has been changing.
Not sure what it is but supposedly they accounted for it?
I will note that the boomer data seems oddly noisy compared to other demos.
Changed my whole perspective. Company DOES NOT love you back. If possible, love what you do, and get paid enough to be comfortable.
For instance, my commute matters to me more than just about anything now. I'm 10 minutes from the office and can work from home if I want, and it's actually one of my first thoughts when talking to a recruiter.
Environment matters to some people too more than anything, but for me I want to get along with my boss, like my job most days, not be in the car for an hour a day and get paid enough to pay my bills and have a little extra.
For context I'm 36.
At the mid-millenial age of 31, I wasn't happy about my pay, cause it wasn't much, or for part of the time about my work, because it was tedious and needed a change.
From my point of view, tech-job market seems to be rigged. There seems to be a huge demand for talent, yet companies willing to pay meaningfully more to attract it are few in between.
Millennial households headed by college graduates have an income over $100,000: https://www.pewsocialtrends.org/essay/millennial-life-how-yo.... For the silent generation in 1968, that was under $70,000 (in inflation adjusted dollars).
There are two aspects to that trend:
1) People are buying bigger houses. That is consistent with the fact that they’re making more money. Instead of just having extra money, they’re buying bigger houses.
2) People are buying new houses in the south, where they’re cheap. That makes sense too. A house in Palo Alto is a lot more than it was in 1970. But Palo Alto wasn’t Palo Alto in 1970. Today it’s East Egg. Your $2.5 million is buying you into a haven for the elite. But back then, it was Round Rock. You were buying into a nice, but otherwise ordinary suburb. You can still buy a nice family house in a good school district for $250,000 in Round Rock.