Each generation tends to have more or less defined features in relation to all life aspects, including work. Of course, this is also happening with Millennials. Moreover, they are a generation that has incorporated as important elements some items that were not previously valued so much.
Let’s take a look at some of the most important things Millennials value most in a job, apart from salaries.
The generation that identifies itself as Millennials is probably the first generation that started to value inclusiveness in employment on a huge scale.
It is worth noting that this does not refer exclusively to gender parity, which was a demand already incorporated in previous generations.
However, the Millennial generation is considered to attach much more importance to the balance of equality in jobs, both in terms of gender equity and impulsivity with regard to factors such as disability, nationality, social group, etc.
If we take a look at the working conditions of big companies where Millennials predominate, for instance, the big tech companies, we can see that an important part of the job attraction lies in the benefits.
This generation is obviously focused on salaries, but a good job vacancy offer should also include other aspects such as health benefits, future retirement, family reconciliation, and so on.
When we talk about the pay gap, we do not refer exclusively to the difference in wages compared to previous generations.
These differences exist. In fact, it is estimated that the average Millennial professional’s career may pay up to 10% less than previous generations.
However, as mentioned above, it is not only the difference in earnings that is referred to but also the idea of work purpose that a job can offer. Nowadays, careers are less well defined. In an increasingly competitive environment, promotion and career development are more difficult to access.
If the Covid pandemic has taught us anything, it is that flexible working is necessary. There is still a long way to go before flexibility can be successfully implemented.
More and more importance is being attached to aspects directly related to labor flexibility, which often go hand in hand with employment benefits.
From the possibility of teleworking to flexibility in the choice of working hours, reduced timetables, work-life balance facilities…
The work environment is changing over time and Millennials are probably a generation that has driven much of this change. In the coming decades, the effect of a new way of looking at professional life, which has been gradually gaining ground over the last twenty years, will be seen.