Majority of Millennials, Gen Z planning to ask for pay hike in next six months: Report

According to a survey, most Millennials and Generation Z professionals are planning to demand a pay hike amid the uncertain economic environment in the next six months.
According to the report, further than 2 in 5 professionals in India( 41 per cent) feel well compensated for their work, while 45 per cent of the replies have demanded a pay hike in the coming six months.
India’s younger professional generation is driving it, Gen Z (51 per cent) and Millennials (51 per cent), who ask their bosses for a pay increase, compared to Gen X (40 per cent) and Boomers (26 per cent). Can. Per cent), said the LinkedIn Workforce Confidence Index.
Generation Z is those born from the mid-1990s to the early 2010s, while Millennials are born between 1981 and 1996. Gen X are those born between 1965 and 1981, And Boomers are people born between 1946 and 1964.

The LinkedIn pool Confidence indicator is grounded on responses from 684 professionals in India from June 4 to September 9.

It further revealed that India’s overall workforce confidence had dropped slightly, with the overall score falling from +55 in July to +52 in September 2022. This is due to a fluctuating perception towards jobs, finances and career progress in this time of global uncertainty, noted in the report.
It also set up that despite a drop in overall confidence, India’s pool remained auspicious about navigating these challenges as 7 out of 10 professionals said they wanted to take the coming position in their field( 74 per cent), their work experience and Confident about access to education( 71 per cent). per cent) and their income growth eventuality( 68 per cent).
The two primary reasons why India doesn’t borrow professional payment translucency are that discussion about stipends is frequently discouraged at work( 45 per cent) and participating payment information is stressful by further than a third of India’s pool( 36 per cent).

Some associations have been transparent about pay as they believe it’ll help attract the right gift and reduce the gender pay gap. In discrepancy, others consider it taboo content and have indeed banned their workers from completely agitating pay rates.

The findings also show that overall, 61 per cent of professionals in India are more comfortable participating in payment details with their family members. In comparison, 25 per cent are willing to partake with their close musketeers.

Compared to the ordinary public, the youngish generation in India is likelier to share their payment information with their family and musketeers.

About 72 per cent of Gen Zs and 64 per cent of Millennials in India said they are comfortable sharing their salary information with family members. At the same time, 43 per cent of Gen Zs and 30 per cent of Millennials are also willing to confide in their close friends.


Hi, my name is Nisha and I'm an educational journalist based in India. I've always been passionate about the power of education to transform lives, and that's what led me to pursue a career in journalism focused on this area. I completed my Bachelor's degree in English from Hindu College in Delhi in 2013 and then went on to earn my Master's in Journalism and Mass Communication from the Indian Institute of Mass Communication in 2017. During my studies, I also completed several short-term courses on Education in India, Sociology, and other related subjects to deepen my knowledge in this field. I'm particularly interested in improving access to quality education in rural areas, where students often face significant challenges. I've worked on a number of initiatives to address this issue, including advocating for better policies, resources, and practices that can make a difference. As an educational journalist, I'm passionate about using my platform to highlight important issues in the education space. I've covered a wide range of topics, including the impact of technology in the classroom, innovative approaches to teaching and learning, and the challenges facing students from marginalized communities. One of the things I love most about my work is the opportunity to constantly learn and grow. I'm an avid reader and believe that reading is key to expanding one's knowledge and perspective. I'm always seeking out new ideas and insights to help me better understand the world around me. In summary, as an educational journalist, I'm dedicated to using my skills and expertise to make a positive impact in the field of education. I'm committed to improving access to quality education for all students and to using my platform to raise awareness about important issues in this area.

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