The document discusses findings from a survey of Australian millennials about their careers and work preferences. Some key findings include: - 64% of millennials feel confident about their career prospects but prioritize skills development. - 11% believe they will never retire and over half expect to work past age 65. - Millennials want flexibility including potential career breaks and prioritize job security, work-life balance, clear career paths, and recognition. - While most currently work full-time, over half are open to alternative work arrangements in the future such as contract or freelance work.

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MANPOWERGROUP OVERVIEW
Nearly 70 Years Of Global Workforce Solutions Expertise

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AUSTRALIA
WE ASKED MILLENNIALS ABOUT CAREERS
• How confident are you about your career and
how much of a priority is skills development?
• How long do you think you’ll need to work
and do you plan career breaks along the
way?
• What does job security mean, how important
is it and what would make you stay with an
employer?
New Findings And Fresh Insights
20%
of the
Australian
population
~ 5 mio
Millennials are
university
educated.
people
1 in 3

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THE CAN DO, WILL DO GENERATION
How Confident Are Millennials About Their Career Prospects?
64%

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AUSTRALIA
TRAINING FOR A CAREER ULTRAMARATHON
Working Longer, Playing Harder?
WHEN DO MILLENNIALS EXPECT TO RETIRE?
11% of Australian Millennials say it is unlikely they will ever
retire.

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AUSTRALIA
WORK UNTIL THE DAY I DIE?
Globally, Over Half Of Millennials Expect To Work Past Age 65

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FORTY HOURS A WEEK? I WISH
Hours Worked Per Week

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CAREER ULTRAMARATHON?
GIVE ME A BREAK!
Why Do Millennials Think They’ll Need To Take A Break?

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TOP FIVE PRIORITIES WHEN LOOKING FOR A JOB
SHOULD I STAY OR SHOULD I GO NOW?
Millennials Are Planning For The Long-Haul And Want Work That
Increases Their Life-Long Employability

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AUSTRALIA
WHAT DOES JOB SECURITY MEAN TO YOU?
Job Security Is Critical For Millennials, But They Define It Differently

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WHAT DOES IT TAKE TO REACH THE
NEXT JOB LEVEL?
Millennials See Individual Jobs As Stepping Stones To Self-Improvement

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I WOULD ALSO STAY IF:
3 | I have a better work-life balance
4 | I have a clear career path
5 | I am recognised by managers and colleagues
WHAT WOULD MAKE ME STAY?
NEW WAYS OF WORKING
ARE EMERGING AND
MILLENNIALS WANT IN
Millennials Prioritise The Security Of Full-Time
Employment, But Also Want Regular Change, New
Challenges And Advancement

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ALL THE WORLD’S A GIG?
NOT REALLY
75% Millennials Are
Currently Working Full-
Time, But More Than Half
Are Open To Other Work In
The Future

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WHAT’S
THE SCORE? Higher learnability correlates strongly with career
success – being more educated, better prepared
for employment and higher paid.Learnability

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A SCORECARD FOR SUCCESS

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Attracting, Retaining And Developing
Millennial Workers
PRACTICAL ADVICE
Share examples of people
who’ve progressed through
training and on the-job
learning in your organization.
Find new channels that
encourage recognition and
sharing from managers
and peers.
Satisfy their appetite
for new opportunities
without them having to
go elsewhere.
Ride the career waves
and make breaks an
acceptable part of
company culture.
Rather than annual reviews,
focus on near term objectives
and implement plans to
achieve them.
Adopt some of the
attractive aspects of these
models—greater flexibility
in where, when and how
people work

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REIMAGINE YOUR PEOPLE PRACTICES
An Expert Perspective
• It’s time for companies to reimagine their people
practices.
• Progression doesn’t always have to mean
promotion.
• Millennials know that they need to upskill regularly
to stay employable over longer working lives.
• The employer-employee relationship is changing.
• Investing in training, creating ways to learn on the
job and move around the organization can make
companies more attractive places to work.
• What works for Millennials works for the rest of the
workforce too.