Net Impact's Talent Report: What Workers Want in 2012 Highlights Desire for ‘Impact Jobs’
Submitted by Net Impact
A new nationwide study examining work life and jobs with meaning finds that 65% of university students expect to make an impact on causes and issues they care about in their future job.
The study, Net Impact’s Talent Report: What Workers Want in 2012, is a nationally representative sample of college-educated workers in three generations—Millennials, GenerationXers and Baby Boomers - and current college students. To read the executive summary or the entire survey, please visit www.netimpact.org/whatworkerswant.
Critical findings include:
Demand for “impact jobs:” Two thirds (65%) of workers and students said that “the potential to contribute to society” and “a job that will make the world a better place” is very important to them, with about one in four deeming this to be essential.
‘Having a job where they can make an impact on causes and issues that are important to them’, is something the vast majority of undergraduate and graduate students want out of their work life. Seven-in-ten say this is “very important” to them, which includes 31 percent who say it is “essential.” “Impact jobs” connect to job satisfaction: Twice as many employees who say they have an opportunity at their job to make a positive social or environmental impact on the world report being very satisfied with their jobs compared to people who are in jobs that don’t have such an opportunity.
“For the first time, we have data that shows a direct connection between job satisfaction and making a difference at work,” said Net Impact CEO, Liz Maw. “Employees today don’t want to check their values at the door when they arrive at their jobs, and the ability to live and work with strong social meaning is clearly important to them.”
The survey identified the five top job attributes, of 16 presented to rank, that workers want from their worklife: a good work/life balance, a positive work environment, good compensation, having interesting work to do and job security.
Cliff Zukin, the Rutgers Professor who directed the study commented, “We may be looking at the end of the millennial generation, a casualty of the recession. It seems unusual for those in their early 20s to so highly value job security given how self-confident and entrepreneurial the Millennial generation has seemed to be. It may well be that today’s university students are the follow-up to the Millennial generation, and may more closely resemble the GenX generation, which came of age in a climate of economic insecurity.”
Students Facing Future Workplace Reality: Undergraduates are under no illusions about how difficult it will be to find a job when they graduate into an economy where unemployment is close to nine percent.
Money and Meaning for Tomorrow’s Leaders: Despite current employment outlooks and a lack of real-world experience, graduating students still maintain a desire to work for and with purpose, even if means a smaller paycheck. Of the students surveyed:
“Young people in college and grad school see making a social impact as a critical part of their career,” says Maw. “Even in a depressed job market, these resilient and optimistic students are leading with their values.”
The study was conducted to investigate what workers want out of their jobs in the year 2012; it examined demand for impact jobs, and how the youngest generation of workers might differ from their older counterparts. The survey also set out to consider how life goals, job satisfaction, 'impact jobs' in practice and citizen activities rank in importance, value and fulfillment for current and upcoming generations.
A total of 1,726 respondents were surveyed in a statistically representative sample of Americans who had graduated from a four-year college and were working full-time when the study was conducted between February 15 and 18, 2012. The sampling error for the overall study is approximately + 3 percent.
Additional Survey Highlights
A focus on Millennials:
A majority of all respondents (65%) believe that they have a personal responsibility for getting involved to make things better for society.
About Net Impact’s Talent Report: What Workers Want in 2012: The study, conducted in February 2012, consisted of four samples. 1) Juniors, seniors and graduate students currently enrolled in four-year colleges (n=431); Millennials (n=807); GenX (n=230); Baby Boomers (n=258). Each was configured to be an independent probability sample of the respective groups. The survey was fielded by GfK Custom Research using Knowledgepanel. More details can be found in the methodological appendix of the formal report – www.netimpact.org/whatworkerswant
About Net Impact: Net Impact is a San Francisco-based nonprofit that’s changing the way the world works. The organization is building a movement of more than 30,000 people - in all industries, at every stage of career – who are using their jobs to make a positive impact. Across 300+ chapters worldwide, this movement is fueled by thousands of local events, the flagship Net Impact Conference, and online tools and resources that help people discover how to change the world at work. Learn more about Net Impact at http://www.netimpact.org
About the Heldrich Center: The John J. Heldrich Center for Workforce Development, based at the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, is a dynamic research and policy center devoted to strengthening the nation’s workforce. It is one of the nation’s leading university-based centers dedicated to helping America’s workers and employers respond to a rapidly changing 21st Century economy. The Center’s motto —“Solutions at Work”— reflects its commitment to offering practical solutions, based on independent research, that benefit employers, workers, and job seekers. The Center’s policy recommendations and programs serve a wide range of Americans at all skill levels. Learn more about the Heldrich Center at http://www.heldrich.rutgers.edu
Net Impact is a global nonprofit inspiring a new generation to use their careers to tackle the world’s toughest social and environmental problems. We empower student and professional leaders to act locally through our vibrant chapter network and connect globally online and through our flagship conference. By 2020, we will mobilize a million new leaders to drive positive change in the workplace and the world. For more information, please visit netimpact.org.
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