Competition for talent is top of mind for business owners and executives these days as labour shortages coupled with growing enterprises is a double whammy squeezing many organizations.
So, when the biggest survey of young workers ever undertaken was released, it turned some heads.
The study was done for Strategy + Business, a thought leadership website operated by the consultants at PwC. It polled more than 50,000 young workers in nearly four dozen countries.
Here’s what they found. First, they’re not shy. They are twice as likely as their predecessors to ask for a raise or for a promotion and three-times as likely to find a new job.
If management gives them some opportunities to participate in shaping the future of the organization, they will be a source of innovation. If it doesn’t, they will probably quit or post their concerns on social media, giving the employer a public bruising.
Personal development is also a big-ticket item as most worry that their employer will not give them the training they need to advance their careers.