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Millennials are over the American dream of hard work and big pay packages: Most would take a 20% salary cut for better work-life balance

  • Date: Fri, Feb 2, 2024

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By Orianna Rose Royle, Fortune

© Westend61—Getty Images

Millennials, who now boast over a decade of job experience, have seemingly had enough and are ready to take a step back. A whopping 55% of millennials worldwide are willing to sacrifice a hefty 20% of their paycheck for the sake of achieving a better work-life balance.

Ford's latest research, drawing insights from interviews with over 16,000 workers in 16 countries for its 2024 trends report, unveils that American millennials stand out in their pursuit of a more relaxed career trajectory compared to their Western counterparts...

...With an age range from 27 years old to 42, millennials are no longer the youngest generation of workers, and Maeve Houlihan, associate management professor of UCD College of Business, points out a significant consideration for this cohort of workers is whether they want or already have children.

Article first appeared in Fortune and MSN.com on February 1st 2024. Read the full article here

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