About 50% of Generation Z in the US are not satisfied with their salary, according to a survey
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Respondents said they needed to earn more than $125,000, while millennials said they would be fine if they had $121,000 in income
In a survey carried out between 2020 and 2022 by the Skynova billing software platform, it was found that more than half of generation Z in the United States do not feel satisfied with their salary and affirm that if they earn more than $125,000 dollars, they would make you feel in some way or another that “they made it”.
This generation, which has set the standard for higher job demands and better wages, differs from their millennial counterparts who say they only need $121,000 in median income to feel satisfied.
According to the survey, more than 1,000 people between the ages of 21 and 42 were interviewed. Where it was shown that 58% of them were not satisfied with their salaries. The data obtained indicates that both the GenZ and the millennials wanted to earn between $71,000 and $80,000 annually, respectively.
Exceptional registrations by generation Z derive from the economic impact generated by the pandemic and high inflation. This generation for experts differs from the others because when it comes to employment they have a set price for their skill sets and won't settle for less.
Another important aspect that makes the difference is that the Gen Z put their personal life before their professional life. Not being satisfied with this, they tend to leave their jobs. They are the generation that feels most comfortable jumping from job to job. According to 2022 data from the Federal Reserve, this could lead them to obtain a salary increase of up to 8.5%.