Survey: Majority of millennials value positive workplace over high pay

Millennials are more inclined to favor a better quality of life at work than higher pay, according to a survey from Fidelity.

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The majority of those ages 25 to 35 say they would be willing to give up an average of $7,600 from their paycheck for a more positive work environment, such as enhanced career development and a greater emphasis on work-life balance, according to a report from USA Today.

“It’s a cultural shift,” Scott Dobroski, a spokesman for Glassdoor, told USA Today. “If they do not see work/life balance where they can go out and learn about the world, [a better salary] does not interest them enough. They want to go and work somewhere where they are going to feel valued.”

Although 86 percent of survey respondents said they are happy at work, nearly half indicated they are actively seeking a new job, or are at least open to the possibility of moving jobs, according to the report.

“The fact that today’s millennial wants more control over their work/life balance shouldn’t be surprising to us given that these people have grown up in an era of somewhat instant answers,” John Sweeney, executive vice president of retirement and investing strategies at Fidelity, told USA Today. “They’re used to being able to find what they want fairly quickly.”

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