Dive Brief:
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A new Progressive Insurance survey found that millennials in search of IT jobs are willing to accept less money in exchange for positions they care about.
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30% of the millennial respondents said they were "very likely" and 51% were "somewhat likely" to accept smaller salaries in exchange for work they feel strongly about.
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The survey also found millennials aren't afraid of changing jobs if they are unhappy with their current employers.
Dive Insight:
Progressive also found that 58% of respondents said they would rather have jobs with more flexible arrangements than higher pay. Many of the respondents also said they were willing to relocate for a new position.
"It's clear from the survey that millennials in IT are more interested in a job that allows them the flexibility to be creative and experimental rather than one that simply offers good compensation," said Lynley Williams, recruiting director at Progressive. "The most important finding for IT executives who are doing the hiring is that this generation is not afraid to move on from their current job if they aren't happy. They know they have options."
In terms of the specific IT jobs, respondents said they were most attracted to finance and banking; healthcare; and insurance.