Millennials prioritising worklife balance over job security study finds

John Allan, president of the Confederation of British Industry, said: President “Firms need to do more in ensuring young people want to work and stay with them, taking into account work-life balance, fair pay and providing tangible routes to success.” Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. Millennials are prioritising work-life balance over job security when applying for work, a new study has found.Young people are now considering how their profession will impact their personal life before deciding on a company to work for.The findings come from a survey carried out by YouGov who asked 1,000 respondents between the ages of 17 and 23. One third said work-life balance was the most important factor when selecting a job, second only to pay. The length of their daily commute was considered as important as long-term job security, with both cited as fourth on the list of priorities. Work culture came in third. Young people said they expected to have between three to five jobs over their life time, with one fifth of those polled expecting to have up to ten roles. This marks a huge shift away from previous generations who subscribed to traditional “job for life” mentality. Just six per cent of those polled said they wanted to stay with their current company for more than five years. The majority (39 peer cent) said they wanted to leave within a year. Generation Z are most concerned that Brexit will affect their job prospects with one in four also worried about a lack of opportunities in their local areas.  read more

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