Post
Topic
Board Economics
Re: Millennials Get None of the Era’s Dividends!
by
Yatsan
on 12/08/2024, 00:14:23 UTC
Despite working hard, many Millennials feel they’re not getting the returns they deserve. Job satisfaction surveys reveal that many Millennials are dissatisfied with their salaries, work environment, and career development opportunities. Stagnant wage growth and career bottlenecks make it difficult to find a sense of achievement and satisfaction at work. This not only affects personal career happiness but also has a negative impact on the economic vitality of society as a whole.

For my own observation as also a 1994 baby is it remains clear that many Millennials' concerns about the state of their work are surely legitimate. Entering a profession that has typically stiff pay and limited opportunities for advancement may easily create frustration and poor performance. It also means that next generation ofcourse as domino effect, had main economic shocks to bear, including the later years financial crisis. It once stated on my training on labor related seminar (forget their theme) that this could have important economic evolvement if most workers feel underpaid or trapped in their jobs because its all human nature. So in short, low job satisfaction leads to low productivity and motivation that may affect the general economic performance. Further, in case millennials cannot advance careers or atleast make a living in our current year, this affects the assessment of one's exercising power and ability for financial service. So if I may add, these matters noted strongly required both organizational change and a drive from the individual.   Smiley