When Will Your Career Peak?

Post on 11-Aug-2014

9.039 views 0 download

description

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 And to join the conversations in the largest women's group on LinkedIn, visit http://www.linkedin.com/womenconnect.

Transcript of When Will Your Career Peak?

Indicators of Progress for Women

What would be the most significant indicatorof 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 womenin the workplace conversation”

CAREERSUCCESS

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 salaryincrease

17%a promotionto 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 loanshas decreased (down 11 pts vs. 2013)

Concern for paying credit card debthas decreased (down 5 pts vs. 2013)

Concern for saving for retirementhas 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 askedfor a raise last year

received one(up 9 pts vs. 2013)

37% of women reportachieving their

professional goals this year (up 6 pts vs. 2013)

TOP 3are equally importantto women’s satisfaction.

Does money equal happiness?

The relationship between salary and careersatisfaction depends on your gender and generation.

Career Satisfaction is:

A “goodsalary”

Women Men

Making animpact onthe world

58%

52%

Doing whatI love

52%

52%

Beingchallenged

52%

47%

27%32%

Helpingpeople 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!

HAPPY ST55+:

4945-54:

4235-44:

35Under 35:

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 answervaries significantly

by generation.

35-44:

50

A national survey of over 1,000 men and women conducted by Citi and LinkedIn

concludes that career satisfactionand 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?

}

#ProfWomen

For more on the survey, visit Connect: Professional Women's Network,powered by Citi at www.linkedin.com/womenconnect.