Once-fearless Millenials seek shelter in safe jobs, put careers on hold

Millennials are sheltering in their jobs instead of trying to advance their careers because of the COVID-19 pandemic.

That’s according to new research from professional networking website LinkedIn.

“Even in the face of an improving labour market, Millennials are still overwhelmingly choosing to shelter in their jobs, preferring a steady pay cheque rather than taking any career risk,” LinkedIn’s Australia and New Zealand Managing Director Matt Tindale said.

Some 81 per cent of Millennials say they are staying in their jobs to avoid risk. By contrast, only 50 per cent of Gen Z and 62 per cent of Baby Boomers are sheltering in their current jobs.

Seventy-two per cent of Millennials told LinkedIn’s Workforce Confidence Index survey that one of their top motivators for work was making a steady pay cheque to keep their financial situation stable.

Twenty-nine per cent said they were waiting out the pandemic for a more favourable job market. Nearly one in ten – nine per cent…

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