Millennial Current and Future Employment Type

Millennial Current and Future Employment Type

Proof Point

More than 70% of millennials currently work full-time, with up to one-third open to non-traditional employment in future

Millennial Current and Future Employment Type

2016 (percentage)

Note: Data based on Reputation Leaders for ManpowerGroup’s Millennial Careers: 2020 Vision survey of 19,000 working Millennials and 1,500 hiring managers across 25 countries

Proof Point Findings

  • Non-Traditional Employment – New employment types offering more flexible work conditions, such as freelancing, gig work, and portfolio careers with multiple projects
  • Permanent Workers – Majority or 73% of millennials were full-time employees in 2016, followed by part-time employees (21%) and freelancers (14%)
  • Future Millennial Work – Up to one-third of respondents consider shifting to flexible employment options in future, in search for faster career advancement and varied work projects
  • Key Growth Drivers – Include growing millennial population in workforce, proliferation of new employment platforms (e.g. Upwork, Uber, Task Rabbit), increasing company reliance on external staff, and rising demand for flexible working conditions

Accelerator

Market Disruption

Source

Date Last Updated

June 30, 2017

Leave a comment