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Is the ‘9-to-5’ Job Done?
New research by Milwaukee, WI-based ManpowerGroup reveals a new era of work in which flexibility and balance are in, and the traditional “9 a.m. to 5 p.m. job for life” is out.
Findings from #GigResponsibly: The Rise of NextGen Work - a global survey of 9,500 people in 12 countries - identifies a shift toward new ways of getting work done, that works for people and business.
ManpowerGroup asked people how they want to work, what motivates them and their views on nextgen work. More control over their schedule (42 percent), boosting their bank account (41 percent) and developing new skills (38 percent) are top reasons why nextgen work - part-time, freelance, contract, temporary or independent contract work - is on the rise.
More than 80 percent of U.S. workers say nextgen work is a choice, not a last resort, and builds resilience for less predictable futures.
The vast majority of workers (94 percent), spanning five generations and both genders, are open to nextgen work for their next or future position, but their motives vary.
• Men are slightly more likely than women to look for flexibility to spend time with family (32 percent versus 29 percent) and to seek a less stressful environment (30 percent versus 27 percent).
• Younger Millennials (ages 18 to 24) and Boomers (ages 50 to 65) prioritize the same things: pay (60 percent versus 65 percent) and work-life balance (48 percent versus 64 percent). Engaging in work that’s meaningful to them is also a priority for both generations.
• Conversely, appetite for learning peaks among older Millennials and declines with age.
Nextgen work is a global phenomenon. Emerging markets like India and Mexico are leading the way with the greatest openness to freelance, contract, temporary or independent contract work (97 percent), with mature markets - including the U.S. (94 percent), with the U.K. and Australia - close behind (90 and 92 percent, respectively). Germany, Netherlands and Japan are more resistant to NextGen Work.
For more insights from the report, visit manpowergroup.com/workforce-insights/world-of-work/nextgen-long.
About the Author: ManpowerGroup is a global provider of contingent and permanent recruitment workforce solutions.
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