REDWOOD CITY, CA -- (Marketwired) -- 05/14/13 -- oDesk®, the world's largest online workplace, and Millennial Branding, a Gen Y consulting firm, today announced results of a new study, "Millennials and the Future of Work." The survey, conducted by independent research firm Genesis Research Associates, examines perspectives on the future of work from 3,193 freelancers worldwide, including 1,958 Millennials (19 - 30 years old). Findings reveal a desire to follow independent career paths due to the freedom and flexibility professionals say these paths provide, as well as a groundbreaking redefinition of what it means to be "an entrepreneur." For full survey results, please visit https://www.odesk.com/info/spring2013onlineworksurvey/ or see our infographic.
Key results include:
•72% of those still at "regular" jobs want to quit to be entirely independent; 61% say they likely will within two years •Freedom is the top reason those at "regular" jobs would like to quit; and 89% say they prefer to work when and where they choose (versus in a corporate, 9 - 5 job) •90% of independent workers indicated that being an entrepreneur reflects having a certain mindset (rather than being strictly defined as having started a company) •Of the freelancing Millennials surveyed, 58% of those familiar with the term "entrepreneur" classify themselves as one
Professionals are crafting entrepreneurial, independent paths to freedom
Of the freelancing Millennials surveyed, 58% of those familiar with the term "entrepreneur" classified themselves as one. Among all generations, freedom to work how they want is critical -- 89% said they'd prefer to work when and where they choose (versus in a corporate, 9 - 5 job). In fact, among those surveyed who were still at "regular" jobs, freedom was the top reason they wanted to quit. When comparing freelance work to "regular" jobs, freelancing was seen as providing more freedom to:
•Work wherever they like (92% agreed) •Work whenever they like (87% agreed) •Work on more interesting projects (69% agreed) •Travel while working (half said they'd prefer this to having to take vacation time)
Karen Queller, a 24-year-old Millennial who is working online while traveling the world, is quick to urge others to follow a similar path: "I want my life to inspire other people to live how they want. People have a lot of fears that hold them back from doing what they really want and I think many people would love to travel and work at the same time."
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