Midlife Crisis

MIDLIFE CRISIS & FORBES WORST COLLEGE DEGREES Average American changes careers IN THEIR LIFETIME: TRUE TRUE OVERALL JOB SATISFACTION in the U.S. or 7 TIMES. FALSE 71% WHEN JOB SATISFACTION isn't what it should be OF WORKERS are "NOT ENGAGED" or "ACTIVELY DISENGAGED" from their work. WHY PEOPLE AREN'T SATISFIED TOP CAREERS FOR TOP FOUR REASONS BURNOUTS for job dissatisfaction: 45.8% OF PHYSICIANS REPORTED EXPERIENCING AT LEAST ONE SYMPTOM OF SERIOUS BURNOUT 47% 36% 44% 32% UNDERPAID SUCH AS LACK OF GROWTH OPPORTUNITIES EMOTIONAL EXHAUSTION NO CAREER 33% 34 DEPERSONALIZATION ADVANCEMENT OPPORTUNITIES 29% 32% LOW SENSE OF PERSONAL ACCOMPLISHMENT FEELING TRAPPED DEAL WITH IT WHAT ARE 1 out of 2 respondents are satisfied in their current jobs. YOU GOING However, nearly 3 out of 4 respondents have no plans to leave their current companies. to do about it? TYPICAL AMERICAN WORKER'S TENURE WITH HIS OR HER CHANGE CAREER CURRENT EMPLOYER OVER THE YEARS 4.1 TOP REASONS FOR CAREER CHANGES 3.8 3.5 YEARS 54% 30% 25% 22% YEARS YEARS 1996 2000 2008 21% 21% 18 17 --- --- 10 11 16% 13% 12% Film, Video And Photographic Arts Commercial Art Fine Arts And Graphic Design MEDIAN INCOME FOR RECENT GRADS MEDIAN INCOME FOR RECENT GRADS MEDIAN INCOME FOR RECENT GRADS 1. Downsizing or restructuring 2. Sought new challenges or opportunities 3. Due to ineffective leadership 4. Poor relationship with manager 5. To improve work/life balance 6. Contributions were not valued 7. Better compensation and benefits $30,000 $30,000 $32,000 8. Better alignment of personal and organizational values 9. Personal strengths and capabilities weren't a good fit 10. Company was financially unstable 11. Company or job relocated DEGREES IN WHICH YOU'RE BETTER OFF JUST CHANGING CAREERS EMBRACE YOUR MIDLIFE CRISIS SEEKING A FRESH START? BETWEEN 2010 AND 2020 14.6 MILLION | HEALTHCARE INDUSTRY JOBS PROJECTED |3 MILLION JOBS ADDED to be created by 2018 WILL GET AN EXPECTED & 600,000 COMPUTER JOBS EXPECTED TO BE CREATED 6.9 MILLION JOBS EXPECTED IN THE SOCIAL SECTOR EDUCATION HEALTH CARE NONPROFITS GOVERNMENT A GROWING PORTION OF AMERICANS 50 AND OLDER ARE STILL IN THE WORKFORCE Ready to switch into a job with shorter hours, less stress, or more social purpose? reserveinc.org retiredbrains.com WORKING FROM HOME 53% of U.S. companies offer flextime Nearly half allow for telecommuting MANAGEMENT is increasing nationally BUSINESS FINANCE SELF-EMPLOYED NEARLY 1.8 INCREASE 50% 25% EXCLUSIVELY AT HOME Career % of those who work from home AT LEAST ONE DAY 2.5% INCREASE PER WEEK 1997-2010 200,000 students age 50-64 WHEN GRAD SCHOOL ENROLLED IN GRADUATE STUDY IN 2009 IS THE ANSWER make the most of your lousy major 8,200 students age 65 and over ENROLLED IN GRADUATE STUDY IN 2009 graduatedegreeprogram.net presented by SOURCES http://www.forbes.com/sites/work-in-progress/2011/03/04/employee-job-satisfaction-is-low-motivation-to-leave-is-lower/ http://online.wsj.com/article/SB10001424052748704206804575468162805877990.html http://moneyland.time.com/2008/05/28/top_reasons_why_we_change_jobs/#ixzz2903m4Svj http://www.ama-assn.org/amednews/2012/09/03/prl20903.htm http://www.forbes.com/sites/carminegallo/2011/11/11/your-emotionally-disconnected-employees/ http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/Unemployment.Final.updatel.pdf National Center for Education Statistics http://www.census.gov/prod/2012pubs/p70-132.pdf DEVELOPED BY N NOWSOURCING