Home Business Guides Do Millennials Value Meaningful Work? Survey Says Its Mixed

Do Millennials Value Meaningful Work? Survey Says Its Mixed

Millennials have been characterized as outspoken advocates of their opinions and passions. And thanks, in large part, to social media, many have the platform to express their opinions and causes closest to their hearts. But do these passions extend to the professional sphere? Does this generation find work meaningful?

Are millennials pursuing the type of meaningful work they say they want to? To learn more, Olivet Nazarene University surveyed 2,024 millennials, and found that many operate under the assumption that the work they want to do, and the work they’re doing is meaningful.

Get The Full Ray Dalio Series in PDF

Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q3 2019 hedge fund letters, conferences and more

The overwhelming majority of millennials say it is either ‘somewhat’ or ‘very’ important that the work they do has a positive impact on the world. However, only two out of three millennials believe that the work they’re currently doing is “meaningful,” slightly contradicting their responses indicating the importance of meaningful work. When pressed further and asked what motivated their career decisions, the study revealed many are motivated by things other than altruism. Only 39-percent of millennials said they pursued their current careers because they found them to be meaningful, while the remaining 61-percent cited things other than meaning as the driving force behind their decisions.

So, if millennials don’t view their current work has meaningful or positively impacting the world, are they willing to take steps to get there? The survey found that 68-percent of millennials say they are willing to work longer hours to accomplish more meaningful work at their jobs. But only half say they are willing to take a pay cut or make less money to achieve greater meaning.

The study also revealed that millennials do not necessarily associate greater meaning with career success. When asked the question: “how would you like to improve your career,” the overwhelming majority (87-percent) said they wanted to make more money. The response which garnered the second-highest number of responses was a better work-life balance. Only 34-percent of millennials said “more meaningful work” would improve their career or make them feel more successful.

How important is meaningful work in connection to a person’s happiness? According to Olivet Nazarene University’s study, one in four believes their work or their company exploits people in some capacity. And of those who believe their work is exploitative, they report an average happiness of 4.1 out of 10, while the average worker reports an average happiness of 7.0 out of 10. The study also found that many who work for perceived exploitative companies feel trapped, with 39-percent of respondents in that category saying they feel like they can’t get out of their current position.

NO COMMENTS

The Life and Career of Charlie Munger

You can learn from Charlie Munger firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing

Never Miss A Story!

Subscribe to ValueWalk Newsletter. We respect your privacy.

    Subscribe

    We won’t send you spam. Unsubscribe at any time.
    ×
    Exit mobile version