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Younger generation opting for flexible working over corporate jobs, says survey

Summary

Younger workers are opting to work flexibly in favour of taking traditional corporate jobs, a new study has found.

Our Solution

Younger workers are opting to work flexibly in favour of taking traditional corporate jobs, a new study has found. The study, 'Millennials and the Future of Work', questioned 2,000 workers and was carried out by consulting firm Millennial Branding. It found that Gen Y workers were following independent careers instead of conforming to the corporate model, due to the fact it gave them more freedom and flexibility. This could include people working from home, say in a garden office, or working hours which better fit around lifestyles. Flexible working is also more of a necessity for working parents or those who are carers. The data found 61 per cent said that they were likely to quit their job within two years, whilst 38 per cent would prefer a "promising start-up opportunity" instead of a traditional university degree. The research comes following related studies suggesting many businesses need to start offering flexible options to keep top employees. Gaenor Bagley, head of people at professional services firm PwC, commented on the situation to managers.org.uk last month: "Many companies will have to completely re-think how they attract and reward their workers, or risking losing the best talent to companies which adapt to meet their needs."

Author:

Samantha Bartlett

15th May 2013