More than a decade ago, I was a twenty-something sports writer with the Star Tribune. During one road trip for a Gophers men’s basketball game. I had just checked into a hotel in Madison, Wis., when I received a phone call.
“Mr. Medcalf? We need you downstairs,” the person at the front desk said.
I was told then that my corporate card had not gone through, a puzzling revelation until I called headquarters in Minneapolis and learned that a bankruptcy proceeding had temporarily disrupted our financial operations. Mass layoffs followed.
At that moment, I realized this craft I love offered no guarantees in the future.
That reality is a theme among Gen Zers and young millennials who seem to approach work with the proper perspective. My parent’s generation had quality jobs that offered 30 or 40 years of employment and retirement benefits to support them as they aged. My generation learned from them and worked to capture the same stability that has proven to be elusive, shifting attitudes toward our professions and the sacrifices we’re willing to make.
Per a 2023 Georgetown study conducted in partnership with Bank of America, younger employees are seeking a corporate structure that offers their desired work-life balance.
“Young adults prioritize flexibility and work-life balance in all aspects of employment,” the study says. “A flexible work schedule is a particularly significant factor both in considering a move to another employer (49%) and in remaining with the current employer (38%). When considering benefits, young adults planning to change jobs in the next year cite paid time off (65%) and a flexible work schedule (58%) among the top four benefits influencing their choice of an employer.”
Kudos to the young folks who aim to make work the best supporting actor in their lives and not the main star. They also seem to recognize the fluidity of their professions in this climate.