Feel like you're just a few years away from reaching the height of professional success? Think again. According to a new survey released by Citi and LinkedIn, the age that you think your career will peak appears to be a moving target - getting further away as you move from one generation to the next. What factors do you measure when determining how happy you are at work?
The Today's Professional Woman Report was inspired by the conversations in Connect: Professional Women’s Network, an online community with more than 300,000 members. Read the full report here: http://bit.ly/1pF5HBQ
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When Will Your Career Peak?
1. Indicators of Progress for Women
What would be the most significant indicator
of progress for women in the workplace?
of women said
“elimination of the
gender wage gap”
1/3
...and 31%
of women agreed
Men were more likely to think that
progress would be defined by the
“end of the need for the women
in the workplace conversation”
CAREER
SUCCESS
There is no universal definition of career progress.
21%
“finding a job that allows
me to pursue my
passion”
19%
“a more flexible work
environment”
17%
a salary
increase
17%
a promotion
to an executive
leadership position
PROGRESS IS PERSONAL
Career and Financial Pressures
Career pressures and financial issues aren’t the
concern for women that they used to be.
Women who equate success with “having a job
that I enjoy and my work is valued” is rising
(up 9 pts vs. 2013)
$
Equating “having it all” with
“reaching the height of success”
continues to decline (down 5 pts vs. 2013)
Concern for paying off student loans
has decreased (down 11 pts vs. 2013)
Concern for paying credit card debt
has decreased (down 5 pts vs. 2013)
Concern for saving for retirement
has decreased (down 10 pts vs. 2013)
Concern with work-life balance has decreased (down 14 pts vs. 2013)
Women are gaining momentum
84%of women who asked
for a raise last year
received one
(up 9 pts vs. 2013)
37%of women report
achieving their
professional goals this
year (up 6 pts vs. 2013)
TOP 3
are equally
important
to women’s
satisfaction.
Does money equal happiness?
The relationship between salary and career
satisfaction depends on your gender and generation.
Career Satisfaction is:
A “good
salary”
Women Men
Making an
impact on
the world
58%
52%
Doing what
I love
52%
52%
Being
challenged
52%
47%
27%
32%
Helping
people
28%
32%
$
$
Those 55+ were significantly more likely to equate
career satisfaction with “doing what I love”
Most professionals indicate that the happiest point in
their careers was just a few years in the past:
C’mon get happy!
HAPPYST
55+:
49
45-54:
42
35-44:
35
Under35:
28
Men say 55
Women say 53
When will your career peak?
55+:
62
Men
55 Women
53
45-54:
56
Under 35:
43
But the answer
varies significantly
by generation.
35-44:
50
A national survey of over 1,000 men and
women conducted by Citi and LinkedIn
concludes that career satisfaction
and success can be a moving target
for many professionals.
Here are highlights from the June 2014
Today’s Professional Woman Report.
Your Career Satisfaction:
End goal or moving target?
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#ProfWomen
For more on the survey, visit Connect: Professional Women's Network,
powered by Citi at www.linkedin.com/womenconnect.