How to ask for a raise as a millennial | Michael Hobbes | Big Think

TL;DR

Millennials face economic challenges and should demand fair compensation and treatment at work.

Transcript

Probably the last piece of advice for millennials I’ll give is: resist any attempts to make this about your choices rather than your options. We get blamed for every single thing that happens to us, that when we live far away from work it’s “because we want to be suburbanites,” and when we job hop to get higher wages it’s “because we’re flighty,” a... Read More

Key Insights

• 😀 Millennials face economic challenges due to limited options in wages and living costs.
• 🛍️ Job hopping is a strategic move for millennials to achieve better pay.
• 💦 Millennials deserve fair compensation for their work contributions.
• 🫡 Employers should respect and value millennial employees to foster retention.
• ❓ Economic circumstances force millennials to make certain choices.
• 🤩 Fair wages and treatment are key to retaining millennial workers.
• ❓ Employers should acknowledge the value millennials bring to the workforce.

Questions & Answers

Q: Why do millennials face criticism for their economic choices?

Millennials are often blamed for their economic decisions, but the reality is that their options have significantly worsened compared to previous generations due to factors like lower wages and higher living costs.

Q: Why is job hopping common among millennials?

With stagnant wages and rising expenses, many millennials switch jobs to secure better pay, as data shows that changing employers often leads to higher salaries in today's economy.

Q: How should millennials approach negotiations for fair pay?

Millennials are advised to assert their worth in the workplace by demanding higher salaries, as they contribute to company profits and are entitled to a fair share of that income.

Q: How can employers retain millennial workers?

To retain millennials in the workforce, employers should treat them with respect, offer fair compensation, provide benefits like pensions, and recognize their unions to create a meaningful work environment.

Summary & Key Takeaways

• Millennials face criticism for economic choices due to limited options in wages, housing, healthcare, and education.

• Job hopping for higher wages is necessary in today's economy.

• Employers should pay millennials fairly and treat them with respect to retain them in the workforce.