“Young people in the
labor market are becoming increasingly bold—they are not afraid to change jobs,
they set high standards for employers, and they expect substantial salaries. A
new survey has revealed that only 4% of young people fear losing their jobs,
while those in Vilnius just starting their careers expect to earn as much as
2,000 euros net (take-home pay). Do such expectations align with reality?
Inga Balnanosienė, Director of the Employment Service,
provided more details on this.
– You commissioned a survey regarding what young people
expect from the labor market. What did the results show?
– The results revealed several trends. First and foremost,
young people are very bold and open to change; they prefer to alter a situation
where they feel insecure rather than simply adapting to it. The vast majority
of young people stated that if they do not like their job, they look for
opportunities elsewhere. The study also showed that only 4% of all
respondents—and we surveyed 1,000 young people—fear losing their jobs. Losing a
job is no longer a source of fear or concern for this generation. They are very
open to change. Young people clearly articulated their expectations: a safe
working environment, corporate social responsibility, emotional stability, and,
of course, a work-life balance. In fact, 67% of respondents identified the
latter as one of the most important factors.
Full LNK report – in the video In the post:
– What kind of pay do young people expect after finishing
school or university?
– Regardless of whether a young person has completed their
studies or not, or whether they are entering the labor market straight out of
school, their salary expectations are high. On average, young people expect to
earn between 1,500 and 2,000 euros net—that is, "in hand" (after
taxes). It is worth noting that young people in Vilnius expect to start their
careers with a salary of 2,000 euros following their probationary period.
– How realistic is this? How much do young people actually
earn after finishing school or university?
– For some, it is certainly realistic—for instance, those
who have completed a bachelor’s or master’s degree in sectors that are in high
demand, such as engineering or information technology. Furthermore, if a young
person managed to gain some experience or practical training during their
studies, then 1,500 euros is quite realistic. In what cases is it completely
unrealistic? If someone enters the labor market straight out of school without
a professional qualification or higher education, expecting such a salary is
unrealistic. Unskilled labor in Lithuania is typically paid the minimum wage,
and even the average salary in Lithuania falls short of these young people's
expectations. In the service sector or other fields where there are more job
openings where the supply of workers is lower or the job requires fewer
qualifications, the actual salary would be around 1,000 euros. After the
probationary period, it could reach approximately 1,200 euros net (take-home
pay).
– Is changing jobs frequently beneficial for one’s career,
or could it actually be harmful?
– It is time to move past the stereotype that changing jobs
frequently is detrimental to one’s career. As I mentioned, young people enter
the labor market very quickly and are not afraid to change employers if they
feel insecure in their current position. For instance, the average duration of
unemployment for young people is up to a year, whereas for older individuals,
this average can extend up to five years. We should let go of such
misconceptions and stop viewing job changes as damaging to a career. Instead,
we should recognize that young people are in the process of self-discovery and
seeking ways to realize their potential.”
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