Study: Millennials Don’t Actually Aspire To Be The Boss (Although More Men Do Than Women)

Study: Millennials Don’t Actually Aspire To Be The Boss (Although More Men Do Than Women)
SHARE
THIS



Think all Millennials want to be the boss without having any skill-set or life experience whatsoever to put them in the top job? Well, according to a new study that well-worn cliché of the Ys is just that – a cliché!

The report, titled Millennials: A Career For Me and conducted by international recruitment firm ManpowerGroup, found that rather than slave away for years for a spot on the executive team just to manage underlings, the Ys would rather invest in job skills that gave them employment security.

(Please note, the survey was not media specific.)

Based on the opinions of 19,000 Millennials from 25 countries, the study found that respondents would rather develop skills like technology or communications (56 per cent) than devote themselves to management and corporate ladder climbing (44 per cent).

Screen Shot 2016-11-22 at 3.42.51 pm

However, men still aspire to leadership positions more than their female counterparts with 24 per cent of the males surveyed agreeing they’d one day like to be in the CEO’s chair versus just 18 per cent of females.

Over three-quarters (77 per cent) would change jobs that offered more training but still had the same salary.

When it came to Aussie respondents, only 22 per cent of Ys aspired to a leadership role and only 10 per cent aspired to owning their own business.

Twenty-one per cent of Aussie respondents wanted to make a lot of money, 22 per cent wanted to work with great people, and 23 per cent wanted to make a positive contribution.

Sixty to sixty-nine per cent of Aussies surveyed agreed they were positive about their career prospects, however, they were a long way off the positivity stakes of the Chinese, Germans, Indians, Mexicans, Swiss and Americans.

Commenting on the findings, managing director of ManpowerGroup Australia and New Zealand, Richard Fischer, said: “Employers often ask about the best way to attract and retain Millennials and understanding what really motivates them is the first challenge.

“As our research shows, contrary perhaps to previous beliefs, Millennials are driven by having a sense of purpose as well as accessing opportunities to build relevant skills to create job security.

“When starting out in a career, people often focus on their salary expectations more than they do developing soft skills and networking.

“These are core competencies that will set you up for the future and it is likely that money and responsibility will follow with time,” he said.

When it came to more men wanting leadership roles than women, Fisher said it could simply be the case that women feel there are less opportunities in boardrooms for them. “This suggests we still have work to do to ensure women feel supported and encouraged to go after positions of leadership,” he said.

When it came to developing Millennial workers the report recommended to appreciate your Y staff, focus on career variety and mobility, be flexible, hold regular career conversations and be open to alternative work models.

Please login with linkedin to comment

Advertising Standards Bureau Eardrum Australia ManpowerGroup The Collective Magazine The Idea Shed

Latest News

Building New Social Experiences On Facebook Gaming: Play Watch Connect
  • Campaigns
  • Media
  • Technology

Building New Social Experiences On Facebook Gaming: Play Watch Connect

For years, people have been able to play games, watch gaming videos and connect with fellow gamers on Facebook. But what if we could do more? Imagine a world where you didn’t just watch a gaming creator stream their play session, but instead, you could jump in and play with them live without needing to […]

CommBank Report: Aussies Keen To Spend On Travel
  • Media

CommBank Report: Aussies Keen To Spend On Travel

CommBank has today released its Household Spending Intentions (HSI) Index for November 2021, signifying its highest spending level since December 2019 and significant post-pandemic recovery, particularly in travel. The index – which provides an in-depth gauge of Australian consumer spending – rose 2.1 per cent during November to 110.3, driven by solid gains in spending […]

Disability Groups Call For A National Digital Accessibility Roadmap
  • Campaigns
  • Technology

Disability Groups Call For A National Digital Accessibility Roadmap

On International Day of People with a Disability, Infosys (NYSE: INFY) a global leader in next-generation digital services and consulting has released a first of its kind report: Exploring digital accessibility priorities and investments in Australia and New Zealand organisations. The study assessed for the first time, how far 670 organisations across Australia (570) and […]

Affinity Ranks Second At WARC Effective 100
  • Media

Affinity Ranks Second At WARC Effective 100

Independent Australian agency, Affinity has held its own against the world’s best in the prestigious WARC Effective 100, being named the second most effective Digital/Specialist agency in the world, and first across APAC. The recognition follows several wins in 2020 at global and local effectiveness awards across a range of clients, including Effies, New York […]

Tinder: Year In Swipe 2021
  • Campaigns

Tinder: Year In Swipe 2021

2019 had everyone facepalming at the state of the world, 2020 had us shrugging with uncertainty about the future and 2021 is the year we all exchanged and watched the drama unfold. From sharing the collective thought of oh my God when will this end to a common appreciation for simple meet-cutes, Tinder Gen Z […]

GoDaddy Wins Big At Olympic Marketing Awards
  • Media

GoDaddy Wins Big At Olympic Marketing Awards

The Australian Olympic Committee (AOC) announced internet domain registrar, GoDaddy as the winner of the 2021 Inspiration awards for excellence in Olympic marketing in Sydney last Thursday night. GoDaddy’s ‘Dream It. Build It’ campaign earned the top of the podium in a highly competitive field, ahead of Speedo’s ‘Made for Aussies, worn by Olympians’ and […]

Re:act Encourages Young Drivers To Practise Road Safety In New Campaign
  • Campaigns

Re:act Encourages Young Drivers To Practise Road Safety In New Campaign

Road safety behaviour change campaigns, created by local university students to educate young drivers about the risks of driving fatigued, launched nationally across Australia this morning. The campaigns are now featuring across digital assets in metropolitan and regional Victoria, New South Wales, Queensland and Western Australia, and will run for the next two weeks on […]

LEGO® Australia Rebuilds The World One Brick At A Time
  • Campaigns

LEGO® Australia Rebuilds The World One Brick At A Time

This holiday season Lego Australia will be conducting a giant rebuild of the world at the Sydney Opera House. LEGO® Australia will be inspiring children and families once again through their remarkable Christmas Giant builds. Thanks to an exciting partnership with the Sydney Opera House, the activation will take centre stage on the iconic Forecourt. […]