Give me the damn title!

indeaaaaxYa gotta love American Millennials.

According to a new report set to be released at SXSW and entitled, ‘The Millennial Compass’, more than 40 percent of Millennials expect to be in a management position within two years of graduating from college.

I say again, they ‘EXPECT’ to be in a management position within ‘TWO’ years of graduating from college! Whatever became of patience being a virtue?

Ya also gotta love this stat:

Only 18 percent of American Millennials have “foreign” work listed in their future job plans. Compare that with the 65, 47 and 37 percent of their counterparts in India, China and Brazil, respectively, who plan on gaining international work in the next five years!

So, while our young executives want the perks and responsibilities of management RIGHT NOW, they don’t want to put in the hard work, loneliness and yuckiness that accompany international assignments.

They also like job-hopping.

American Millennials are more eager to leave their current employers than their international peers. Four out of 10 plan to bolt in the next year, while only 30 percent of their global peers plan on a change of scenery.

U.S. Millennials want to succeed, they just don’t want to work as hard and they’re more likely to job hop in order to make more bank.

Just to put all of this in some sort of perspective, I can assure you that, when my peer group graduated from college, we most certainly did NOT expect to be managers within two years. Nor did we job hop from one gig to another. In fact, job hopping used to be the kiss of death.

I can also tell you we killed for overseas assignments. I accepted one job specifically because it would call for me to located, on-site, in such countries as Singapore, Brazil and Belgium.

Ah, but that was then, and this is now.

So, what’s your take on this latest take on Millennials? Should we admire their short-sighted, all-about-me ways?

Or, should someone sit them down and explain the importance of paying one’s dues AND gaining a global perspective at the same time.

I’d go on, but I’m off to gain a fresh perspective of my own on a warm, sunny beach in Puerto Rico.

7 thoughts on “Give me the damn title!

  1. Addressing two of your point here as an American Millennial:

    1. I personally ache for an overseas assignment, but I can see why so much of my cohort lacks this desire, or even an awareness of its possibility. I think it has to do with how American-centric our culture is as a whole. We grow up in a media bubble that barely pays lip service to any foreign news or culture, so you have to have that innate desire to seek to broaden your horizons, to explicitly nurture a more complex worldview. Not saying it isn’t an issue that more of us don’t have that desire, but being exposed to something is the first step towards developing an interest in it.
    2. I wouldn’t say that Millennials are eager to leave, we’re just acutely aware that there’s no such thing as loyalty to employees anymore. We grew up watching the bubble rise, and we all clearly remember the dawn of the Age of Layoffs. I was explicitly told in multiple b-school classes that there’s no such thing as a one-company employee anymore, no Jeters, that most of us will work for at least seven different companies throughout our career. So it’s not that we want to leave, it’s that we don’t want to be wiped into unemployment with the stroke of a pen, along with a few hundred of our closest friends. We’d rather leave when we want than await being told when to go.

  2. Steve – Great post. The biggest gripe I always have with the general millennial culture is that more often than not I’m coming across individuals who want and expect instant gratification. Instead of growing within a wonderful organization and engendering new ideas and seeing them come to fruition this subset of millennials is content with moving on to the next opportunity and then looking forward to the next change of scenery – which in the long run can be problematic as individuals lack a certain sense of ownership of their work which can hurt the growth of innovation throughout many industries.

  3. I see both Steve and Laura’s points. For evidence of the Millennial effect, just see the story of the New Jersey girl who sued her parents to get them to pay for college, after she had voluntarily left their home because she didn’t want to follow their rules: It may not be everybody, but there is a sense of me-first entitlement that is very apparent in the younger generation. Why else would the U.S. be lagging behind East Asian countries in nearly every academic category?

  4. I don’t disagree, Bedrock. But, this particular survey surfaces some especially disturbing results. The most troubling one is the most obvious one: the near total lack of interest on the part of U.S. Millennials to consider foreign postings in the future. Success will belong to the smartest Millennials with the broadest global perspective. The latter’s obviously lacking among your peer group.

  5. I think you know my opinion on this, Steve–not all Millennials are like this. I would love to read the full report and see how many people were polled. I would list my own work history, but I don’t think I have to. I look around at some of the Millennials here at Peppercomm and know that this just isn’t right. I’d also argue that these types of people are in every other generation, the older generations are merely picking on the younger ones because they can.