This is 2017, and it's a different world from what everyone else is used to. Millennials, who seem to hate traditional jobs and the 9 to 5 office job, have been trying to escape and find independence. With the advent of new technology, it's even possible for these young people to work from home, even if they do have a traditional job. But even when these millennials find these jobs, they end up dissatisfied and decide to leave them. Retention is one of the biggest problems facing companies today, who deal with far higher turnover rates than years past.
And there is one reason: Passion.
Making Money Can't be the Only Goal.
When you're young, you can afford to take risks. That means millennials are not beholden to one employer or one job, because they can always be looking for the next best thing. The idea of loyalty to your employer? Forget it. Today's Entry Level jobs are nearly impossible to attain, but it also seems to be impossible for companies to retain the entry level people they do hire.
And that's because millennials tend to be dissatisfied with their jobs. Unlike the older generation, the Younger Generation is far less focused on profit and is instead more interested in making a social impact. The capitalistic ideals of making a profit no longer suffice for millennials.
If your one goal as a company is to make money, you will be left with employees that have less of a desire to work. It's just the truth now.
What Drives People?
Another reason why millennials keep leaving companies is the belief that they are capable of pursuing their passions. The adage "If you love your job, you never work a day in your life" has mass appeal for the younger generation, which actually believes they can pursue this ideal.
And in some cases, they can! Just look at guys like Mark Zuckerberg, founder of Facebook. These young founders made millions, and they didn't need training from people above them to learn how to do it.
And even if you aren't Zuckerberg, there's still an opportunity to pursue a passion. It could be writing a book, creating a blog, or even starting your own business.
And it certainly seems like more and more individuals are taking this route and finding greater long term satisfaction. When people do this, they seem more connected than they actually would to a business. But is it sustainable?
Is Passion Enough?
The truth behind this article is that passion is only sometimes enough to get by. There is often simply not enough money in a passion to get by. A book doesn't sell, a blog doesn't work, and a business fails. Then you're stuck with bills, including rent payments, car payments, phone bills, cable bills, and more. If your passion can't cover all of it, you're left with debt and often can't find the means to pay it back.
But millennials don't seem to care.
And why should they? They can afford to be risky and take these chances, in the hopes that they will one day become the next Mark Zuckerberg. And that's something that should be admired, and not frowned upon.
