YOLO - Millennials' new trend



Exhausted from work and savings available, many young people are giving up stable jobs to search for post-pandemic adventures.

 There's a trend going on in the Millennials (those born 1981-1996), after a year of plugging in a laptop - they decide to take the risk.  Some decide to quit a stable job to start a business or switch to a lighter job.  Others objected to the notice of going back to the company's office and threatened to quit unless they could work where they wanted.

 YOLO - Millennials' new trend

YOLO - Millennials' new trend / ph: pexels

Part of the motivation for them to do that was due to the availability of vaccines, and the increase in savings accounts for a year at home.  This movement has formed among the American bureaucrats in recent months, called YOLO (roughly translated: You Only Live One).

 A recent survey by Microsoft found that more than 40% of workers globally are considering quitting this year.  Blind, an anonymous social network popular with tech folks, recently found that 49% of users plan to get a new job.

 "It all took a year to judge whether this is the life we ​​want or not. Especially for young people who are supposed to work hard, pay off their loans and one day enjoy their life.  Many of them are asking the question: What if you want to be happy right now? ".

 Worried about the wave of resignation, companies are trying to improve morale and prevent burnout for employees.  LinkedIn recently gave most of its employees an one-week pay break, while Twitter employees were given an extra day off each month to "recharge."  Credit Suisse gave its employees a stipend, while Houlihan Lokey, another Wall Street company, covered the holiday for the majority of its employees.

 Salary increases and time off may convince some employees to stay at work.  But for some, stagnation is the problem, and the only solution is to get out.

 Some of these people may return to work if they run out of savings or start a business fail, but the spirit of recklessness still seems to be contagious.  Partly, that's because there are more risk taking today than ever.

Subsidies for the influence of Covid-19, rising unemployment benefits and a boom in stock market gave more workers the opportunity to make money.  Many sectors now face severe labor shortages, meaning workers can easily find new jobs if they need to.  The pandemic also created more jobs in remote areas.  "Over the next 18 to 48 months, employees are more likely to negotiate with business owners than ever before. Personally, if I'm not satisfied with my current job status, there will be a lot of options," says Johnathan Nightingale, an author and co-founder of Raw Signal Group, a management training company.

 Of course, not every exhausted employee will quit.  For some, an extended vacation or a more flexible work week can quell their thirst for adventure.  Some workers prefer to return to the office to balance their lives.

 An executive at a major tech company, who remained anonymous, said she and her husband have discussed quitting their jobs in recent weeks.  The pandemic taught them that they were too safe with their choices in life and missed out on valuable family time. Before ending the conversation, she sent a Buddha's statement about impermanence and the value of realizing that nothing exists forever.  Or, in a more understandable way, YOLO - You Only Live One.

YOLO - Millennials\' new trend

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