Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Careers, General, Research

Study Reveals Young Workers Want a Promotion or to Leave


Monday, 27th October 2014 at 10:54 am
Xavier Smerdon, Journalist
NFPs may have difficulty holding on to young employees with a new study revealing that job loyalty is falling.

Monday, 27th October 2014
at 10:54 am
Xavier Smerdon, Journalist


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Study Reveals Young Workers Want a Promotion or to Leave
Monday, 27th October 2014 at 10:54 am

NFPs may have difficulty holding on to young employees with a new study revealing that job loyalty is falling.

The ‘Life of a Professional’ survey by online professional network LinkedIn found that the size of the pay cheque was one of the main things keeping young people at the same workplace for more than two years.

LinkedIn is described as the world’s largest professional social media site with over 313 million members worldwide and sic million in Australia.

Their survey of more than 6000 students and young professionals found that many of them expect a promotion in their first year of employment.

More than one fifth of students and early professionals said they expect a promotion within the first year of starting a position, compared to only 10 per cent of workers with 15-plus years of experience.

Less experienced professionals also showed less loyalty to their employers, with 23 per cent of professionals with one to five years of experience saying they thought they should stay at their current position for two years before moving to another job.

In contrast, one third (33 per cent) of professionals with over 15 years of experience said they thought they should stay at their current job for at least ten years before moving on.

And it seems money is more important for young workers with 77 percent of professionals with one to five years of experience saying if they were considering leaving their current job, a pay rise would convince them to stay.

One of the reasons young workers may be keen to move on quicker than their older counterparts is the difficulty they face in finding a job in the first place.

The study found that over the last decade it has become more difficult for people to find a job after leaving university.

Only one quarter of Australian professionals with one to five years of experience said they landed a job within one month of leaving university. In contrast, the majority of professionals with over 15 years of experience said their first job was relatively easy to land, with over half (53 per cent) finding a job within one month of finishing university.

And they are also keen to start climbing the corporate ladder with the majority of people surveyed saying that getting a job is one of the most important things to do after finishing their education and only 11 per cent saying they wanted to take a year off.

But it is not all bad news for NFPs with  the three most important factors in a dream job for young people being listed as happiness at work at 66 per cent, money at 39 per cent and getting along with colleagues at 38 per cent.


Xavier Smerdon  |  Journalist |  @XavierSmerdon

Xavier Smerdon is a journalist specialising in the Not for Profit sector. He writes breaking and investigative news articles.

Guide to Giving

FEATURED SUPPLIERS


HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

...


Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Recruitment Expert Says NFPs Need Thorough Process to Hire Honest Candidates

Luke Michael

Friday, 22nd September 2017 at 4:50 pm

Disability Employment Advocates Welcomed into the Hall of Fame

Wendy Williams

Friday, 8th September 2017 at 4:41 pm

Disability Employment Sector Must Harness Platform Innovation

Wendy Williams

Friday, 8th September 2017 at 4:00 pm

Employment Organisation Reaches Out to Asylum Seekers Caught in the Crackdown

Wendy Williams

Monday, 4th September 2017 at 8:52 am

POPULAR

Moves to Stop Volunteering at Overseas Orphanages

Luke Michael

Wednesday, 13th September 2017 at 1:54 pm

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Majority of NFPs Are Not Believed to be Well-Run, According to New Survey

Luke Michael

Tuesday, 12th September 2017 at 4:14 pm

More Australians Are Giving Time Not Money

Wendy Williams

Monday, 11th September 2017 at 5:07 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!