August 18, 2017
A majority (85 percent) of 18-34 year olds feel they are not putting their professional ambitions into practice and almost a quarter are unhappy at work, claims a new survey of Millennials by one of the UK’s largest independent higher education institutions, GSM London. By 2020, millennials will make up 35 percent of the global workforce, but despite being the generation told that they can have it all, nearly a third (32 percent) of those surveyed described their work as a ‘means to an end’, with 64 percent describing themselves as having just a ‘job’ rather than a meaningful ‘career’. However, when it comes to pursuing a more meaningful career path, a quarter of respondents cited the pressure of uncertainty (25 percent), disruption to lifestyle (24 percent) and lack of confidence (22 percent) as the main barriers stopping them from fulfilling their goals.
So, what can be done to help millennials push past their uncertainty and lack of confidence in order to pursue their dream career? Alex Reid, Careers Adviser at GSM London, said: “All evidence suggests that people who feel they have fulfilling careers and have high levels of job satisfaction are the most productive employees, so it’s a real concern that so many millennials appear to be unhappy at work. The good news is that the labour market is becoming more fluid, with the idea that people will hold multiple jobs throughout their working lives fast becoming the norm. This means that people have a greater opportunity than ever to take steps that set them on new career paths.
“A lot of people don’t have the luxury of stepping out of the workforce for extended periods, regardless of how unhappy they are in their jobs or how keen they are to develop new skills. This is why higher education is changing. For instance, GSM London has pioneered accelerated degrees that can be completed in two rather than three years, and is introducing work-based learning programmes. We’ve also invested in a range of careers programmes that help people develop attributes attractive to employers alongside their studies. As our research shows, those with fulfilling careers are much happier than those with jobs, so it’s definitely worth people considering all options for change and overcoming assumptions about the things that might stand in their way.”
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