American hustle culture is dying. Millennials are willing to take a 20% pay cut for a better work-life balance.

[Eugene]

Source: Business Insider

American hustle culture is dying. Millennials are willing to take a 20% pay cut for a better work-life balance.

Lauren Edmonds
Sun, February 4, 2024 at 7:34 AM EST·2 min read

• Ford published its 2024 trends survey after conducting 16,086 online interviews in 16 countries.
• It found that 60% of American millennials would take a 20% salary cut for better work-life balance.
• Baby Boomers were the least willing generation at 33%.

American millennials are over hustle culture.

Ford's 2024 trends survey, which conducted 16,086 online interviews in 16 countries, found that millennials in the United States were ready to step back from their desks.

About 60% of surveyed American millennials said they would take a 20% pay cut "to achieve a lifestyle that prioritizes my quality of life," which is 5% more than the global average.

US millennials were the most willing among their generational cohorts. Just 33% of Baby Boomers were willing to take that salary cut, while 43% of Gen X and 56% of Gen Z agreed.

-snip-

Read more: https://news.yahoo.com/american-hustle-culture-dying-millennials-123401764.html

[Think. Again.]

1. A money becomes more worthless...

...folks are starting to find ways to live a good life without selling the majority of their waking hours for dollars.

Looks like the capitalists have squeezed us too tight.

[getagrip_already]

2. But ask them if they resent....

Immigrants who are more successful than they are and they will rabidly agree they are.

But guess what? Those immigrants are willing to work 18 hour days, 7 days a week. They don't like it any better than anyone else, but they show up and clock in.

And when they start a business, their entire family gets behind them.

They succeed.

People will resent that. People will have racist attitudes over it.

But it's your choice. And, it's theirs.

[ret5hd]

4. It's worse with the boomers (in my experience)...

at least in my limited interactions with both groups.

full disclosure: i’m a boomer with limited interactions with millennials.

[grumpyduck]

5. I've been seeing that for many years.

[questionseverything]

7. In construction there are many immigrant businesses

Trouble is, they don’t have workman’s comp insurance, and the liability certificate doesn’t cover anyone but themselves. They are not withholding social security or matching that withholding.

It’s not that people resent their success, they resent the rules ( costs) they don’t have to pay, it makes the playing field uneven.

[DBoon]

3. The Reagan era is dying

"Greed is good" has lost its allure

[MichMan]

6. How many of them also say they want to retire in their mid 50s?

While being able to live comfortably

[getagrip_already]

8. And its the governments responsibility

To make that happen.

If it doesn't happen this year, they aren't voting.