According to a global Future of Work survey conducted by renowned consultancy Korn Ferry, over 60% of millennials say they will be more satisfied with a company that has a good policy in ESG (environmental, social and governance).
The survey results indicate that the new generation of talent is increasingly concerned with issues environmental, social and governance issues, and values companies that promote a sustainable and fair environment for all.
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For experts, this trend is a warning for companies that have not yet adopted ESG, as a lack of engagement with these issues can affect the attraction and retention of talents.
The study also revealed that 44% of respondents are structuring their career plans in terms of months, rather than years, as was the pattern in previous generations.
In addition, 58% of professionals considered changing jobs for another less interesting one, but with a higher salary. Yet surprisingly, 54% have considered career changes to take on sustainability-focused roles.
These trends point to a new era in the job market and raise concerns about the need for companies to adapt to this reality.
Important moment for companies to change course
The survey carried out with more than 4,000 professionals from 25 sectors in different countries revealed some growing concerns in the job market.
This is because the results indicate that employees are increasingly concerned about the increase in cost of living and the consequent financial crisis, in addition to the tendency to stay for less time in companies.
The survey also showed that professionals have a more immediate view of their careers, seeking higher salaries and valuing flexibility in the professional environment.
These significant changes can present a challenge for companies that are not prepared to deal with these new trends.
To face these challenges, it is necessary to guarantee a good organizational structure and offer good wages in flexible companies.
In addition, it is important to pay attention to ESG policies (environmental, social and governance), which bring returns to shareholders and are valued by employees, especially younger ones.
It's not enough to just talk about these ESG proposals: people want to see concrete actions from companies.
