NEW YORK (MainStreet) As the Millennial generation slowly dusts itself off from the ravages of the Great Recession, it's finding a new career issue to contend with: a study by American Express and Millennial Branding shows significant disparities in how employers and young adults view one another. Most notably, the study showed about 50% of employers viewed Millennials as having unrealistic compensation expectations and a poor work ethic. That's a problem for Millennials trying to start careers or advance through the ranks.
The Bad News First
Before we get to the good news, let's rip off the band aid and dispense with the bad first. Though it's always hard to take criticism, experts like Piera Palazzolo, senior vice president of marketing at Dale Carnegie Training, thinks it's important Millennials understand how they're viewed by their employers, so that they can better prepare themselves to counter negative stereotypes. Her views (which overlap with many of the study's findings), suggest three key perceived weaknesses Millenials face in the workplace:
- "Millennials tend to have more unrealistic compensation expectations compared to other generations," says Palazzolo. "Gen Y workers tend to expect that everything happens quickly, leading them to believe that promotions and successful growth in a company happens at a much faster rate than in reality."
- "Operating under this assumption may also lead Millennials to think that their career success isn't necessarily dependent on their hard work and dedication to their job," says Palazzolo.
- "Lastly, Millennials seem to be unaware that their responsibilities go beyond the basic job description," she says. "An employee's job is to make their manager's life easier, meaning they are expected to do more than what they were hired to do."