Spending hours sorting mail and doing the coffee run might have been seen as perfectly appropriate tasks for the office junior in the past, but this new lot of Generation Y employees seem to be more educated, more tech savvy and won’t mind telling you to shove your old school pecking order.

The Gen Ys meet to crunch the June quarter budget figures

A recent CISCO workplace survey targeting Generation Y young professionals and university students in 14 countries, including Australia, found that 52 per cent of Australians surveyed indicated that they would, ‘sacrifice the extra salary for the opportunity to work wherever they’re most productive and happiest’.

Unlike the previous working generations who are not too eager to change jobs let alone careers, members of Generation Y seem to embrace change and feel more empowered in the workforce. They don’t perceive their jobs as a lifetime commitment that pays the bills. Instead many of them strive to secure jobs in line with their desired lifestyle.

Recognised by BRW Magazine as the ‘Second Best Place to Work in Australia’, just behind Google, E-Web Marketing, is a company that prides itself on attracting employees from Generation Y. The company has specific strategies to ensure that their young staff always feels happy and that they ‘have fun’ at work.

Gary Ng, Chief ‘Empowerment’ Officer (CEO) of E-Web Marketing has been instrumental in attracting Generation Y employees to the company and he believes the technology-based working environment is what draws them in. However, he is quick to note that the company’s ethos is what keeps his young team happy and productive.

‘We care about fun, the happiness and success of each of our team members. So it is not something we feel is unnatural to us. Gen Y are creative and passionate if you empower them, as opposed to trying to box them in.’

Ng also identifies what he believes are the differences between the previous generations of professionals, ‘Gen Y want to have the best of everything and they want it now. In the baby boomers days and even Gen X to a lesser extent, work was seen as critical for them to earn a living to attain an income to sustain their lifestyle.’

Ng believes that because Generation Y have observed rapid changes in technology they expect instant results in the workplace with ‘minimal input.’ He says the way to encourage them to do their best work is to challenge and reward them.

Sydney based Marketing Coordinator Danielle Walker, 25, believes career based decisions should be made according on one’s overall lifestyle ideals. She recalls changing jobs eight times and has worked in a variety of fields. 

Walker says she has never feared changing jobs. She says, ‘it is about finding what you enjoy doing.’

Walker explains the differing attitude of her parents in regards to the nature of work, ‘they believe once you have a job you stay in your job for many years, regardless of whether you enjoy it or not. I believe we only work to live, not live to work, so I have found a job I enjoy doing.

‘It does not pay the highest amount of money but as I am happy coming to work each day my happiness is at an optimum level whilst my pay cheque is enough to live.’

According to Senior Consultant at LifeWorks in the Workplace, Leah Walls, Walker’s is a common Generation Y perspective. She believes that young members of today’s workforce seem to expect more than just monetary reward.

‘While traditionally the view was that salary was the main incentive for providing staff with job satisfaction, increasingly there is the realisation that autonomy and work life balance are more and more important to people. Gen Y’s have also seen their parents work hard and then reappraise that later in their life,’ says Walls.

Walls believes that the days of getting a promotion based on age or company loyalty are diminishing and job hopping is no longer feared but seen as a means of ‘climbing corporate ladders’.

You can follow Naomi Tsvirko on Twitter @writeaboutme_au

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89 comments

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    • Bertrand says:

      05:56am | 25/07/12

      I always find these ‘generation’ articles a bit vapid.

      My dad is in his mid 60s, still working full-time, but he has changed jobs and employers about every 3 years for the past 20 years. I think it’s more a shift in the entire way work works, not just amongst one particular age group.

    • Spatula Joe says:

      07:57am | 25/07/12

      I asked around and no-one has ever heard of E-Web Marketing. How good can they be at marketing if no-one knows who they are?

    • Rebecca says:

      10:14am | 25/07/12

      I don’t think it’s a generational thing either, buy more of a cultural thing. I’m a Gen Y person as described in the article - love my 9-5 city job, enjoy working with nice people in my dream career and having responsibility, even though my pay is not so great. However, a whole lot of people in my age group are working long hours in jobs they hate (mostly in mining) so that they can have a huge pay cheque and afford all the things they want. Everyone has different aspirations in life and stereotyping it by generation isn’t helping anybody.

    • Tubesteak says:

      10:30am | 25/07/12

      and just to provide some contrast (and not to claim that you’re wrong or anything) my dad is the same age and has had 2 jobs in his entire career. The only reason for that is he was made redundant form his first job back in the 90s

    • Super D says:

      06:31am | 25/07/12

      Nothing like 5 years of 50%youth unemployment to rein in those expectations.

    • Macca says:

      07:19am | 25/07/12

      A fresh round of redundancies over the past 4 years and lower graduate intakes may have helped a bit too.

    • TracyH says:

      06:38am | 25/07/12

      Sounds good…but I think this company may well be taking these guys for a ride…pander to their sense of ‘fun’, because that’s what they want; not the money…until they FINALLY leave the cocoon of their parents home and seek a (gulp) mortgage. The company even sid GenY’s seek “instant results in the workplace with ‘minimal input”. This is their words, not mine. Mmmm…I think there’s a fair whack of manipulation going on in this company…make ‘em cosy and comfy, make it way too hard to leave, and get away with paying them less. Good luck, Gen Ys, if every company takes this model. Don’t lose your critical abilities, and mind the old saying of the frog in a pot of slowly increasing temperature.

    • Gox says:

      08:12am | 25/07/12

      Yep, I am going to go out and get a mortgage to show I am ‘grown up’. Because unwise financial investments and taking on a lot of debt early in my career all while in an uncertain economy is definitely maturity.

      Now It’s clear why we’re in this situation, because of all the maturity you lot have displayed.

      WARNING-
      /sarcasm being employed/  The final comment is meant to point out the stupidity of generational stereotyping

    • M says:

      08:56am | 25/07/12

      Jump in up to my eyeballs in debt for a shoebox apartment in a plumeting market? You’re probably not a financial advisor I’m guessing.

    • Emma says:

      09:09am | 25/07/12

      Exactly. Those companies dont care at all about employee retention. Once Gen Ys are in their thirties and fourties with responsibilities and children, they will be dumped for the next generation.

    • Ripa says:

      09:17am | 25/07/12

      No M its better to make 100 excuses not to commit and pay someone elses mortgage off, then bitch and complain how unfair things are when the rent keeps going up. Youre probably not a financial advisor either.

    • M says:

      09:59am | 25/07/12

      Who’s bitching and complaining? I’m saving my deposit in anticipation for when the market bottoms out.

      Further, why the hate at renters? There’s entire generations in Europe that never feel the need to buy their own homes. It seems to be a particularly aussie thing to look down your nose at someone who rents another’s house.

    • Tim says:

      11:24am | 25/07/12

      Ripa,
      that’s why smart people are investing the difference between the rent and a massive mortgage. Saving thousands and watching those house prices come down.

    • Ripa says:

      01:31pm | 25/07/12

      If you’re waiting for a housing market crash, it won’t happen unless some extraordinary circumstances occur in which case you won’t be able to buy anyway, so every year you blow 15-20-30k on rent is that much less you have invested in yourself. People who sat on the fence 5-10 years ago aren’t better off today because they waited.

    • M says:

      01:45pm | 25/07/12

      Ripa, I’m watching prices go down almost weekly in Brisbane and the gold coast. It’s happening now.

    • Tim says:

      02:49pm | 25/07/12

      Ripa,
      In my area a house rents for maybe $300-$350 a week.

      The same house mortgage payments (with a 100%loan) would be over $700 per week. That means that an individual can save $350-$400 a week if they’re renting the whole house, neglecting maintenance, rates and other costs that would be borne by owning.

      And the prices have been stagnating for the last year or two. I don’t expect a large price crash but a smaller correction is already happening. I think prices won’t rise above inflation for at least the next few years or so.

      But you keep telling yourself that buying is always better and prices always double every 7 years if it makes you feel better.

    • Gox says:

      03:50pm | 25/07/12

      @Ripa: 15-30-40k on rent per year? I pay $6500 per year in rent, yes I house share but we live in a massive place, if I was alone it would be somewhere smaller and cheaper.

      Or I could get a massive debt, live beyond my means and then cry about how 80k pa is akin to living in poverty.

    • TracyH says:

      04:22pm | 25/07/12

      M No I’m not a financial advisor, but I made enough money from my own investments to now be semi-retired in my 40s. I’ve also inspired my son, in the oil and gas industry making 230k per yesr to be smart with his money also…have fun, but INVEST as well. And who’s talking about a shoe box? Buy a positive geared property in a regional area and rent it out…stay at home with family, or in your own rental with friends and keep buying regional. Yes they are out there…you can get a 3 bed brick home with garage on 1000sqm in Traralgon, Victoria, rent for 230pw, for less than 150k. I used to have many across regional centres, as does my son and many of my friends…everyone with a reasonable pay packet can do it…

    • Ben C says:

      05:36pm | 25/07/12

      @ Tim

      What sort of house can you get for $300-$350 per week? Just curious, because I’m getting that much each on my townhouse and my 40-year-old unit - 2 bedrooms each.

    • simonfromLakemba says:

      06:55pm | 25/07/12

      @Ben C

      Yagoona, Chester hill, Bonnyrigg and further out.

      Usually 3 bed and 1 bath unrenovated.

    • Tim says:

      07:10pm | 25/07/12

      BenC,
      A small one. Still 3 bedrooms though.

      I just went and checked out the rents In my area and it seems like I’m getting a pretty good deal with my rent although Ive been here a while and look after the place well. They are higher than I said for new renters.

      From the raw figures, rents range from 350-500k a week. The house values would range from about $400k-$550k.

      Assuming 7%, 25 year loan, repayments would be $650-$900. So the renter could save $300-$400 a week.

      It depends on your circumstances but renting isn’t necessarily worse than buying.

    • Ripa says:

      08:24pm | 25/07/12

      chester hill, sefton, lots of nice big blocks and relatively cheap, selective schools, new rail line being built, lots of parks, its a nice area now its cleaned up.
      3 bed villa in chester hill $300 a week long term tennants, agent says should be getting around $350

    • Macca says:

      07:17am | 25/07/12

      The last paragraph sums it up for me; it’s a lack of alignment regarding expectations between employees of different generations.

      Young people (across many generations, not just the current lot) don’t have the battle scars to recognize when they will be out of their depth. Gen Y, somewhat fairly, believe their hard-work and intellect can solve any problem, deliver any result, if only someone would give them a chance.

      Opportunities for young 20-somethings are often blocked because they don’t have enough past experience, they haven’t delivered in their current role, or someone more senior / high performing stands in their way.

      With a lack of patience and self-awareness, Gen-Ys head off to a recruiter who sells them off to a competitor who has not identified their ready-now successor for that promotion / vacancy.

      Are Gen-Ys expectations different to that of their managers and employers? Absolutely. Companies need to adapt to engage and keep their young talent, but at the same time, young professionals could do with a bit of restraint.

    • VVS says:

      08:24am | 25/07/12

      That’s a pretty fair assessment.

      Gen Y also don’t seem to grasp that they are pretty replaceable in the workplace. There are thousands of graduates finishing tertiary courses each year.

      Until someone has at least 5-10 years experience in a profession they really should be looking for those workplaces where they won’t be shooting up the ladder quickly due to more senior and higher performing colleagues.

      Why? That’s who they will have to learn from.

      If you are shooting to the top of your place of business in your early 20s, it probably says more about the standard of your colleagues than it does about you.

    • thatmosis says:

      07:33am | 25/07/12

      Another example of why Gen Y’s will ultimately fail. No real work ethic as its got to be fun to work somewhere whilst bludging on the parents until they are in their 30’s. It will be interesting when these people have a mortgage, a marriage and kids of their own with their parents spending their inheritance and they find that they must work to survive without the “fun”. The cries will be almost human and will be beautiful to watch. Don’t get used to the pandering because reality is just around the corner and will bite you on the arse.

    • Economist says:

      10:43am | 25/07/12

      Nonsense. People are a product of their choices. Hate to say today’s generations are simply more educated than the past generations. Sure they might not know how to do long division, make grammatical errors, but their knowledge at the respective age, is greater.

      AS for settling down, why get in the rut early? I started work at 14 and by the time I was 21 I’d saved $30,000. My parents wanted me to follow in my sisters footsteps of buying property. Instead I went overseas and on massive benders, shagged my way across Australia, Asia and Europe. I blew the lot, and what a great choice for me. My sister settled down and married young she brought a lot of financial capital to her marriage, resulting in their McMansion being paid off by 30. Setting themselves up for life. Pity she’s unhappy and depressed in a volatile marriage. Miserable and resentful in bringing so much to a marriage.

      I waited, found the perfect woman and can guarantee you if I’d settled down with some of the birds I was hanging out with in my twenties the results would be vastly different.  I’ m ridiculously happy with my life. The wife and I started with nothing and together are building our wealth, we see it as a challenge but not at the expense of living a moderate lifestyle.

      This is Gens Y attitude. Its’ great.

    • Tim says:

      11:31am | 25/07/12

      Economist,
      that’s ok as long as you aren’t planning on becoming a burden on the system later in life. I’ve got no problem with people doing what they want as long as they pay for it themselves.
      What annoys me is the people who did what you did and then whinge about others who sacrificed the fun life and are now far ahead of them financially.

      I’m probably half way in between you and your sister. Had plenty of benders and trips but still finished uni and got a good job, so I was building a career and a life
      Just because your sister married early and is unhappy doesn’t mean everyone is.

    • Em says:

      11:48am | 25/07/12

      Haha, good one thatmosis! Always love some sweeping diatribe about an entire generation. You must be the first person to criticise a younger generation for being lazy. Well done, you clever thing!

      As a 22 year old who, like most of my friends (and yes, I’ll admit most, not all), is working long hours in a job I hate to put myself through university – so that I can earn a decent wage later, because let’s face it, by the time I reach retirement age there’s not going to be an age pension waiting for me- and support myself without burdening my parents, I always appreciate the confidence older generations seem to have in the very children they themselves have raised and influenced.

      Lazy sponges are largely a comment on parents who insist on being a friend first, educator second. I may be being oversensitive, but we are what you created.

    • Dan Webster says:

      07:40am | 25/07/12

      Gen Y cracks me up.
      Wait until Europe tanks and we face a depressed global economy….

    • Kl says:

      07:41am | 25/07/12

      Obviously Tracy you have never worked in a place like that. An environment like that empowers people and creates loyalty. Some of the major corporations like Telstra and others should take a page out of their book. The fact that money isn’t everything in a job has become realised by more people generally and companies need to think outside the square to keep their best employees. Your best can become your worst just by the way they are treated.

    • T-rev says:

      08:40am | 25/07/12

      “money isn’t everything in a job”

      Until you have a mortgage, wife and two children to support. Then it means the world.

      People who sprout the above line either are very well paid, or don’t have the same responsibilities that most of us have.

    • Tchom says:

      09:22am | 25/07/12

      @ T-rev

      And if you don’t want a mortgage, wife and two children to support?

    • T-rev says:

      09:43am | 25/07/12

      @ TChom

      Umm… then don’t have them, Simple really.

    • Tchom says:

      10:03am | 25/07/12

      @ T-rev

      Cool, just thought I’d check with you first.

    • Ben C says:

      10:40am | 25/07/12

      “money isn’t everything in a job”

      That’s fine, so long as you have a frugal lifestyle to match the paltry pay. No Saturday night clubbing, no fancy dinners, no new car, no plasma TV, no Foxtel, no brand name clothes… There are some of us Gen Y that can do it, but plenty more that can’t.

    • Tubesteak says:

      10:42am | 25/07/12

      If you don’t want a mortgage then have fun renting for the rest of your life.

      I suppose it won’t be too bad. A modest 1 bedroom with no parking in a good suburb of Sydney now costs about $400 per week. I’m sure all your investments will cover this when you want to retire. But you’ll need to have earned a pretty decent wage to be able to have investments when you retire. Don’t rely on super as it really won’t cover it unless you’re on 6 figures now. Which these “fun” workplaces don’t pay.

      Sort of got yourself behind the 8-ball.

    • Bitten says:

      07:59am | 25/07/12

      So let me see if I have got this straight: all of the people doing the fluffy, non-contributing jobs, want lollies and bright workspaces and toys to play with while they do their non-contributing work?

      Good. Glad we sorted that out.

      Meanwhile the rest of us are getting our jobs in medicine, law, teaching, law enforcement, engineering, science…don’t worry, we’re not doing anything special, we’re just doing the ho-hum stuff, no where NEAR as interesting and trendy as interior design or marketing, but for some reason, people seem to need us to do our jobs…weird, I guess society must get something useful out of us?

      Also: is it some sort of ploy to put an ‘E’ in front of your trading name or a ‘solutions’ at the end of your trading name these days to snare yourself some low-rent hipster douches to answer your phones? Because you don’t need to. Just wave an iPad in front of them from the back of a smart car - like moths to the flame.

    • Sad Sad Reality says:

      10:36am | 25/07/12

      Job snobbery is sexy.

    • Tubesteak says:

      01:33pm | 25/07/12

      Bitten
      That was gold. Wish I’d read your comment before typing my own. Could have saved a bit of time.

    • Tim says:

      08:02am | 25/07/12

      Not another one.
      So 48% don’t want to sacrifice pay for fun? Fantastic use of stats.

      Speaking for myself, screw that. Show me the money! Then I can retire early and have years extra doing what I want.

    • M says:

      09:22am | 25/07/12

      Yep, show me the money as well. No point in working if I can’t afford my toys.

    • kitteh says:

      01:33pm | 25/07/12

      I don’t really get this whole concept of a fun-fun-fun workplace anyway. A pool table and company soccer and sponsored lunches with people that I probably wouldn’t want to be with normally doesn’t seem like much of an inducement.

      Let’s face it, work is work is work. You do it, you get paid, then you go have real fun with people you want to be with doing things you really want to do. I’d rather go home on Friday and have dinner and noisy sex with my husband than sit around a table with people I hardly know and plastic cups of crap wine.

    • Tubesteak says:

      08:12am | 25/07/12

      “but this new lot of Generation Y employees seem to be more educated, more tech savvy and won’t mind telling you to shove your old school pecking order”

      bahahahahahahaha

      Yes, you’re all so smart and you know how to do everything and if only someone would give you that Junior Manager role straight away you’d show them all how it’s done and be leading the company 6 months later.

      Not.

      How about you come back after you’ve got at least a decade under your belt working in a career with a proven track record. That’s not 10 years working odd-jobs but 10 years working in a recognised profession.

      BTW I suggest you consult a financial planner to see who those lifestyle ideals are going to stack up over the course of your life and where that will leave you. You may also want to speak to a decent recruiter, too, to gain an understanding of where your “career path” is going to lead you.

      Maybe a decent recession may remove the scales from your eyes. No, the GFC was not it as it didn’t really affect Australia.

    • andye says:

      01:39pm | 25/07/12

      @Tubesteak - Wow. Bitter, much? Sounding a bit like an old angry man there mate.

    • M says:

      08:30am | 25/07/12

      It’s all about salary for me.

    • subotic says:

      09:32am | 25/07/12

      It’s all about un-safe sex in the store-room with admin girls for me.

    • M says:

      10:00am | 25/07/12

      We have female engineers.

      That should say it all.

    • subotic says:

      10:56am | 25/07/12

      Bugger….

    • Arnold Layne says:

      08:34am | 25/07/12

      Why does this generation insist on talking about itself so much?  Just get on with it!

    • Emma says:

      08:37am | 25/07/12

      They dont care about the money for as long as they live at home or are flatting and the only expenses are drinks on Friday nights. That will change once they want to buy a house, start a family or are sick of their flatmates. I wonder if they consider saving money “fun” or if saving is something that is just done to get the newest iphone.

    • M says:

      10:03am | 25/07/12

      I was out of home asap. But then, I wasn’t renting near a big city either.

    • Ripa says:

      08:55am | 25/07/12

      sounds almost like a montessori style workplace, awsome, but not reality. I would like to see how these guys go with that kind of “fun” attitude when they approach a bank for a housing loan. get used to hearing “NO” a lot.

    • subotic says:

      09:07am | 25/07/12

      I’m supposed to be Gen-X.
      I look like I’m Gen-Y.
      I talk like I’m iGen.
      I post comments like I’m a Baby-Boomer.

      And feel like I’m Gen-like-I-care-about-your-crappy-lack-of-work-ethic…..

    • Emma says:

      09:40am | 25/07/12

      I worked in a company once that has in one go replaced all old and high earning employees with cheap graduates. My boss thought that was a brilliant move. He did though not consider how our customers would perceive it when they have a bunch of 20 year olds in meetings and asking them to invest money. And of course noone knew what happened in the company a year ago. All knowledge about customers etc was gone.

      That was about 5 years ago. I heard from my mother that it was on the news that they filed for bankruptcy about 2 years ago and there were even some rather dodgy things under investigation.

      It is sad that in some companies you only have a safe job when youre cheap.

    • Meh says:

      09:50am | 25/07/12

      Swap Y for an X, and it is virtually indistinguishable from articles published in the mid 90’s. Y should have a bit of fun and find a career that suits them and they enjoy while they have to freedom to do it.

      Just be careful of people who give themselves titles like “Cheif Empowerment Officer” and want to blow smoke up their arse.

    • Jason says:

      10:01am | 25/07/12

      I’m Gen-X and work in IT.  Have done for 20 years and now work as a designer/architectect.  Having done my larval stage, and worked hard and very long hours through my career, it is only now that I can work from home (1000kms from my employer) at a pace I set, and still earn good money.  I had to earn it, it took sacrifice and humility to do.  It’s called long term thinking.

      The thing I’ve noticed about the younger people coming up through the industry is that they think a few years playing with Linux at home and running some scripts someone else wrote to download porn makes them gurus or something.  Nothing could be further from the truth - that makes you a hobbyist, and should make you keen on learning more.

      Yet, rather than deliver results and learn their new trade properly their they spend all day on facebook and google plus (or staring into space) rather than spending their 20s learning their trade like the rest of us did.  It creates an overhead for senior people as they constantly have to supervise and push for the work to get done.  The exceptions in the younger age bracket (in IT) are usually migrants… they work their butts off.

    • Tim says:

      10:01am | 25/07/12

      Did baby-boomers cop this kind of vitriol from their preceding generation? Wow. I’m Gen Y and I’ve worked in IT for five years now (does it count as a “trendy” job if some of my colleagues own iPads? Or is it just any job title that didn’t exist back in the old days?).  I rent a house with my girlfriend, don’t especially want kids or the burden of a mortgage in case we want to move overseas, and I have turned down higher paying jobs for more interesting ones.

      Entering a career you have no passion for when you’re young makes no sense, because it is what you are going to spend most of your life doing. My aspirations are different to what my parents’ were, but I don’t see how that makes me selfish. The only people put out by my decision to not immediately run out and get a mortgage after I finished uni is my bank.

    • Chris L says:

      01:29pm | 25/07/12

      Every generation was foolish when young and bitter when old. Gen Y is, and will be, no different

    • ProfoundBS says:

      10:02am | 25/07/12

      Yeah and if none of these gen Y-ers want to get their hands dirty where does that leave our society in the next 20 years?

    • Liam says:

      10:25am | 25/07/12

      Nothing wrong with loving what you do - other gens are jealous of our courage to speak up. Gen Y generally work hard and don’t like to wait for losers who aren’t passionate to die before getting a promotion.

    • ProfoundBS says:

      11:00am | 25/07/12

      Hey, watch your mouth there young’un, your generation aren’t the only ones who are passionate to die!

    • Em says:

      12:46pm | 25/07/12

      Grammar humour. Love it!

    • Coal Train says:

      11:01am | 25/07/12

      As a Gen Y’er I find this article wrong. I’ve been in my job for 6 years, started here as a trainee now I’m a network engineer and a licensed electrician/cabler, I effectively run a part of my boss’s company.

      I didn’t get all that by job hopping, got that by hard work and commitment, now I own my own house, drive an expensive car and am living the dream at 25. And you’re trying to tell me that, as a fact, I want a job that’s about fun without the cash? Bullshit. I want lots of cash from my job, screw fun. You get to have fun outside of work with all the cash you got from being qualified from working hard and aspiring to greatness.

      I love my job, I get up every morning excited to do my job, and sure I work long hours and on weekends. But that’s all part and parcel of what I do. It’s not about job hopping, it’s about sticking to your dreams and not being an airhead who’s in it for the parties and goes where the fun is, partying finishes when you hit my age.

      So all you other Gen Y’s who job hop. I seriously hope you have a plan when you find yourself out of a job because that uni degree is 4 years old and you have no experience. I don’t have a degree, just many, many relevant industry qualifications.

    • M says:

      11:29am | 25/07/12

      I find myself in the fortunate position that my skills are in very high demand and I can hop from one job to the next and pick n choose depending on who’s paying the biggest salary.

      I agree though, screw picking a career for fun, I want my career to fund my fun.

    • Evan says:

      11:54am | 25/07/12

      Coal Train missed the point -the article is not the headline,I read this article as basically about older generations only focussing on money instead of loving what they do. Also, it’s general so relax.But I would job hop. I think I would pick a job I like over a lot of money, that’s where i’m at - the money is a bonus and I don’t stare at the clock all day. If you wouldn’t then please don’t go in to a job where you deal with people ‘cause they sense you don’t like your job. Too many oldies who work in jobs they hate offer bad customer service.

    • Nothingwrongwithenjoyingyourjob says:

      12:04pm | 25/07/12

      well said Evo

    • Just thinking says:

      12:20pm | 25/07/12

      I watched a show last night about Lancaster bombers in World War II and was fascinated to hear that the average age of pilots was 22 years old.  What men they were at 22 back then, compared to now.  22 year olds now still live at home,  are focussed on having fun, usually aren’t married, or with kids… totally indulged and focussed on themselves.  Ok, that’s a broad generalisation, but it struck me that these 22 year old pilots back in World War II fought for the freedom that we now enjoy.  It also made me think whether ‘hard times’ or ‘good times’, creates the finest character in young men (and women)

    • John says:

      01:05pm | 25/07/12

      Allies didn’t fight for freedom, they fought along side the communists and the international bankers. These guys are butchering your society and culture today and turning western people into immoral debt slaves and immoral spiritual beings.  The western military are invading, occupying and massacring populations in the middleast, while westerns people keep looking at their IPODS.

    • SAm says:

      01:20pm | 25/07/12

      Im pretty sure had WW2 not have happened people would have had fun at 22 back then too…Tell me, where can our 22 y/os go to become ‘men’ these days? Dont tell me you had to be in a war to be a man. Frankly I find your attitude insulting, and stupid. The “boomers’ parents were sent to war by older people. I guess throughout history older people have always found ways to screw the younger to get their own way

    • Em says:

      01:25pm | 25/07/12

      I would think it’s a good thing most young men today aren’t overseas learning life lessons in a world war, wouldn’t you?

    • andye says:

      03:59pm | 25/07/12

      @just Thinking - 10% of the greatest generation went to war. less than 1% of the boomers did. Doesn’t stop the boomers voting for wars that are fought by “lazy useless” gen Y in Iraq and Afghanistan.

    • marley says:

      08:31am | 26/07/12

      @andye - didn’t stop Gen X from voting for those wars either.  Why lay all the blame on the boomers?

    • John says:

      12:49pm | 25/07/12

      I see no point in working, your entire savings that you have worked for in the last 5 to 10 years will be wiped out soon. Why get a job now to save for the next 5 years, when it will be gone by time you need it?

      Banks have leveraged the middle-class savings, it will soon be wiped out when when financial system crash’s. Your savings are being spend today! People won’t be able to pay it back! It means banks will crash and you will lose your savings, because instant credit investors came in (used your savings) made their profits and then bought harder assets then the dollar. Your savings are now leverage against an overinflated housing market, cause by greedy banks and investors. Once it goes boom, you entire savings will be gone.

    • Esteban says:

      01:40pm | 25/07/12

      John, I don’t agree with your tips. Work and save now. Keep your powder dry for the crash. Buy after the crash when asset prices also crash.

      Many wealthy families today can trace their wealth to an ancestor who had the courage to aquire cheap assets after the depression.

      If one was to follow your advice then how could those assets be acquired as a foundation for great wealth?

      The economy goes in cycles. recessions and bubbles come and go.  Except for the complete collapse of the banks a recession is a buying opportunity for the brave.

      Australian banks are strong and if reqyired a fresh govt guarantee could be given along the same lines as was done during the GFC.  Our banks are becoming less reliant on foreign funds.

    • John says:

      02:58pm | 25/07/12

      Esteban it’s a economy running on faith. The faith that their money will be there in future and will be paided back. What you have is reckless underclass allowed to borrow using middleclass wealth(non-reckless savers) to create this phoney wealth, which they sell fairly quickly once the bubble gets to dangerous levels.

      Watch the middle class and lower class’s get wiped out when this thing hits the fan. What you have is a system, run, managed for the interests of the higher class’s. Not only that, there is machine, to push debt unto every individual, the problem now, is the debt has reached monstrous levels that nobody is willing to take more debt.

      The west which under the occupation of the international bankers, have encouraged this life style, take up up debt and just pay the interest. It’s an enslavement system. It’s a monopoly of credit not in the interests of a nation, but a few rich trillionaire international bankers.

    • John says:

      03:10pm | 25/07/12

      The economy is being stressed but higher class’s, and now it seems like they have lost control of the amount of stress they are putting on the system. It could give way any time. Once it gives way, you will be looking at an entire new financial system will have be reconstructed. We talking putting caps on debt, getting rid of international banks and replace them with national banks.

      Globalization was just get rich scheme via the International Bankers (higher class’s). They are making trillions, they own millions of dollar via national infrastructure now, as the nations sold out.

      The US must lose it’s reserve currency, EU needs break up back to it’s national currency’s. Centralization is nothing but the work of the international bankers so they can make more money for themselves.

    • Harvey the eternally depressed says:

      01:11pm | 25/07/12

      Well I took what I thought was the sensible path, worked full time while I completed university and never put fun ahead of a stable career. Now the people I went to school with who decided to become tradies and miners earn twice what I earn while I work long unpaid hours and have constant study commitments to uphold. They have the nice houses and go out constantly while I am still paying off my Uni fees and trying to save for a 1 bedroom unit. I honestly wish I had thought more about a career that would let me enjoy my life, I probably wouldn’t be considering suicide on a daily basis thats for sure, but now it is too late to retrain since this job takes up all my time and I need the money to live. I say have a career that you enjoy and ignore anyone who says otherwise.

    • miloinacup says:

      02:54pm | 25/07/12

      Pffft - I would much rather spend my days working in a job I enjoy. The idea of working in a job that I’m only “eh” about just so I can earn a few grand extra a year terrifies me.

      Anyway, I’ve realised that I can manage on $45k a year and still live a comfortable life, so anything over that is a bonus!

    • Inky says:

      03:21pm | 25/07/12

      I skimmed some of the comments before skipping here to the bottom.

      For once, I actually see something that says “Gen Y does this” which I actually do. You see, for me as well it’s not about getting paid the most I can be paid. I earn more than enough to support my spending, even on what I get now. I don’t indulge in unnessesary luxuries and I don’t need to buy expensive things for the sake of impressing anyone. But I want to feel challenged by my work, I want to feel like I’m more than some mindless drone completing a task for the sake of a paycheque. I want to feel like a valued member of the team rather than a faceless drone.

      So I wouldn’t say it’s about “having fun” per se, but most of the other points mentioned in the article itself, rather than the title and a quote from the boss, I do agree with.

      And frankly, if you still think that holding such beliefs is somehow stupid, ignorant or misguided, well, you must live in a sad, special place then smile

    • TheRealDave says:

      04:55pm | 25/07/12

      I used to indulge in a bit of Gen Y bashing and often still get stuck into those wanker Baby Boomers who’ve done their best to screw over everyone else for decades now but, as you get older you realize that on balance, there is no real difference between the overwhelming majority of Gen Y’s, Gen Xers and even the baby Boomers. Most of us are decent hard working people who do what we need to do to put a roof over our heads, feed the family, educate the kids etc ALL generations have their feral lazy pricks that suck at the teat of society and think everyone owes them a living and ALL generations have high achievers that go out their aggressively for what they want. The fashions, technology, customs etc may change over the decades but human attitudes don’t really.

    • Robert Smissen of country SA says:

      05:08pm | 25/07/12

      Gen “Y” I wonder how many of you still live with your Mummy & Daddy sponging off them? ?

    • Robert Smissen of country SA says:

      05:11pm | 25/07/12

      168 hours in a week & you are stressing about the 35 hours you spend at work? ?

    • Inky says:

      06:23pm | 25/07/12

      35 paid hours at work. Another 5 hours on unpaid yet mandatory breaks. Another 7.5 hours per week getting to and from work, add another 2.5 hours a week getting ready for work. So now we’re looking at 50 hours a week, almost 1/3rd, dedicated to work and work related activities.

      Throw in another 35-40 hours sleep in a week and you’re left with how much? Not such a large number afterall.

    • Inky says:

      06:28pm | 25/07/12

      And to answer your previous post, I’ve been financially independant since a few months before i turned 19. Do not live alone, do not receive money from my family to help support me.

    • Inky says:

      06:43pm | 25/07/12

      Whoops, did I say 35-40 hours sleep a week? I meant 49-56 hours.

    • Evan says:

      08:57pm | 25/07/12

      Inky- Fyi I used to work at a mag.authors don’t get a say in title that’s why there is a disconnect.

    • Inky says:

      09:50pm | 25/07/12

      I figured as much, actually.

    • Larissa says:

      09:54pm | 25/07/12

      I work for a mob whose only employees on performance management plans are GEN-Y, late 20’s, single, still taking their parents for a ride not paying a cent to their irresponsible, indulgent parents whilst they go out partying spending the money they should be contributing to board on alcohol and drugs. May sound like a sweeping generalization but if the shoe fits…  Funny though, the GEN-Y ones I am specifically referring to excludes any migrants and pertains specifically to Australian born and bred individuals.  These are the same selfish, immature people with no work ethic that we expect to be self-sufficient when they are at pension age.  What a joke.  Their parents should hang their head in shame for not booting them out and enabling them to fend for themselves.

    • Smacka says:

      11:06pm | 26/07/12

      Money can’t buy happiness but it’s nice to be miserable in comfort

 

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