A few weeks ago, I read a Forbes article about Deloitte's 2018 Millennial Survey, and it left me discouraged; to say the least. Deloitte reported that 43% of millennials plan on quitting their current job within 2 years, and just 28% planned on staying beyond 5 years.
It seems like rather than taking advantage of the situations they're in, a lot of kids these days would prefer to start fresh elsewhere. I discussed this recent trend with my friend Ivan Ross; a financial guru, and we agreed that this is a huge mistake!
Rather than by dropping everything and starting fresh somewhere new, ask for more responsibility at your current job! Find out how you can help grow the company you're working for.
It's critical to know your value and worth; without a doubt, but don't expect those attributes to increase solely because of longevity. Showing up on time and doing your job every day is not enough.
Look to add value in as many ways as you can. Help your coworkers become more productive. If your boss is staying late one night, you may want to stick around with him. I always say that nothing great happens in most offices until after 6:00pm.
While we're on the topic of bosses: what do you know about yours? Do you know what they value most? Do you know what the company is trying to accomplish; besides just making money? How often do you think about ways you can contribute to the company's success?
In order to truly feel entitled to a raise, you need to recognize the value you provide to the company right now and in the future, and believe that the cost of replacing you would be higher than keeping you and raising your salary.
I once wrote a blog about the best way to get a raise. Also, Dr. Michael Breus aka "The Sleep Doctor" told me the best time to ask for a raise on my Project X show in April:
At the end of the day, not every job is the perfect job. I get that. But I see too many millennials leaving behind excellent opportunities because they think there's something better across the street.
The grass is not greener across the street, the grass is greener where you water it. It's up to you.
And if the grass really is greener across the street, I guarantee the water bill is a lot higher.
Song of the Day: "Love The One You're With" by Stephen Stills
