66% of Millennials hope to make a Career Change.
Especially because the report also reveals that over 50 % of you are getting ready to make that shift within the next 2 years.
The survey went deeper and looked at participant’s motivations.
Here’s why people want to change:
The wish for an increased salary,
better work/life balance as well as
increased job satisfaction.
When we saw these choices we felt very much reminded of The 21st Century Career report by Escape The City, where 51% of the participating professionals (1000 of their community members) said they experience mental or physical health issues as a result of their job and 7 out of 10 are missing a sense of clear purpose in their career.
Employers, it’s time to do your
homework in these areas or
Millennials will leave.
Compared to other age groups, status and ambition were a more important reason for a career change to the 24-35 year olds.
Not surprisingly, we know you expect a lot from yourself and your future. So much so, that we are doing an event about excessive expectation pressure.
30% of Millennials stated that they have regrets with their current career, which in turn means that
70% are happy with the career path they’ve chosen.
Well done for choosing wisely!
We suspect that some of the 30% reflect those of you who didn’t know what you wanted at the stage you had to choose your career.
Those who went into an industry full of enthusiasm and were disappointed with the reality of it.
And then those who had to enter a career path for the sheer necessity of survival rather than ambition in that industry, e.g. you chose to work in a pub while the high competition in your career field blocked you from entering. And that’s ok.
Good News: It’s not too late to change.
From the report we can see that millennials like you are worried about the financial security that comes with change.
And yes, often starting in a different industry or choosing to start your own endeavour, results in less money in the bank account, but here is the question:
What is you health, sanity and fulfillment worth to you?
We know you feel squeezed for time, financially scarce and are keen not to fail with the decisions you make, so make them count by taking a few simple steps:
- Get clear on your goal.
What is it you want to do/try/achieve in the next year?
- Base your goal on who you are.
Get clear on your values, your strengths and your purpose. A first step is to work with our Career Clarity Guide. And if you want more or if workbooks don’t do it for you get a coach on board to set your sails for the right shore.
- Check your commitment.
On a scale from 1-10, how ready are you to leave? How firmly do you believe in achieving your goal?
Who or what would make these scores a 10?
- Follow through.
Detect early warning signs of procrastination. And overcome the resistance.
Schedule times dedicated to yourself and your progress in your diary.
Find a visual reminder, that will prompt you to act.
Create accountability with friends, mentors or your personal coach.
Keep reminding yourself of your goal and what you are doing it for.
We are here to help your next career move succeed.
About the Authour
Hi I am Laura, co-founder and certified coach at Mind The Gap Coaching.
I was faced with making a career change when I was nicely established in my HR role at Lufthansa German Airlines. I felt I wanted more and I was clear that if I’d ever go back to uni it was then or never.
My life took a new turn with studying Psychology, training as a coach and going self-employed. Financially it has been tough at times, but in so many other ways it has been thoroughly enriching