Every employee faces this question at some point—should I stay here or should I go? A new study has found that with Millennials, it may come up more often. Even with 86% of Millennials surveyed stating they are happy where they currently work, nearly half (49%) are either actively looking or open to a new opportunity.
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According to Fidelity Investments “Evaluate a Job Offer Study,” many Millennials are eager to make a move, with 41% expecting to start a new job in the next 2 years.
While those considering a career change often focus on salary and bonuses as key decision drivers when weighing a move, there are many others factors to consider—some financial and some far more difficult to quantify.
Interestingly, when asked how much of a pay cut they would be willing to take for an improved “quality of work life” (such as purposeful work, work/life balance, and company culture), Millennials report they are willing to take, on average, a $7,600 pay cut.
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