when will your career peak?
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
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?
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#ProfWomen
For more on the survey, visit Connect: Professional Women's Network,powered by Citi at www.linkedin.com/womenconnect.