Dr Martha Tara Lee’s Post

Do you understand America's New Economic Tribes? ALICE (Asset Limited, Income Constrained, Employed): Above poverty level but financially unstable. 💵😟 DINK (Double Income, No Kids): Dual-income couples without kids, enjoying financial benefits. 💑🏠 DIPS (Double Income, Public School) & POLK (Parents of Little Kids): Parents with kids in public school vs. those paying for childcare. 👨👩👧👦🏫 FIRE (Financial Independence, Retire Early): Saving and investing aggressively to retire early. 🔥💰 HENRY (High Earner, Not Rich Yet): High earners not yet feeling financially secure. 📈😕 HIFI (High Income, Financially Insecure): High earners overspending and insecure. 💸🛍️ Geriatric Millennial: Older millennials facing unique financial challenges. 📅👩💼 Peak Boomer: Baby boomers nearing retirement, concerned about financial security. 👴🔒 Workplace Trends: Bare-minimum Mondays: Minimal effort to start the week. 😴💻 Career cushioning: Preparing for layoffs while employed. 📑🔍 Corporate girlie: TikTok's take on office life. 📸👗 Greedflation: Companies profiting from inflation. 📊💸 Lazy-girl jobs: Simple, well-paying jobs for the burnt-out. 🛋️💼 Overemployed: Secretly working multiple jobs. 💼💼 Productivity paranoia: Remote work leading to micromanagement. 👀💻 Quiet quitting: Rejecting hustle culture post-pandemic. ✌️📅 https://lnkd.in/d8krVtRC

Millennials are embracing a Softer Success .....We are now shifting into a new paradigm - moving beyond burnout to an inspired workforce that impacts both people and the planet. Taking care of ourselves is vital as we drive change. Don't forget to join the healthy business revolution here: https://lnkd.in/ew9ygEKW https://lnkd.in/epPSyh7K #healthy #burnoutproof #healthybusinessrevolution #change

No problem! Here’s some insight into “The Great Resignation” trend or why many young people are choosing to step away from traditional career paths: the reality is that the increasing stress, burnout, and long work hours don’t lead to an improvement in quality of life. For instance, buying a home—a cornerstone of the “American Dream”—is becoming increasingly unrealistic for younger generations. According to recent data, homeownership among Americans under 35 has fallen significantly. In 2023, the homeownership rate for Millennials was about 48%, compared to nearly 70% for Baby Boomers at the same age. Rising housing costs, stagnant wages, and increasing student debt contribute to this challenge. In cities like San Francisco and New York, the median home price is upwards of $1 million, making it almost impossible for young adults to save for a down payment. Moreover, burnout is on the rise. According to a 2021 survey, 59% of Millennials and 58% of Gen Z workers reported feeling burnt out at their jobs. The combination of a high-stress environment with fewer tangible rewards makes traditional career paths less appealing to younger generations. For many, the trade-off no longer seems worth it. #Millennials #GenZ #WorkLifeBalance #HousingCrisis #Burnout #CareerChoices

What’s the future of self-employment for Gen Z? According to Statista, Millennials comprise the largest group of self-employed entrepreneurs in the U.S. at 45%, with Gen X at 27%. So, what’s next for Gen Z? We’ve all heard of the gig economy—work based on short-term contracts rather than traditional long-term employment. But here’s the thing: the shift toward self-employment isn’t just about job length. It’s about redefining what it means to "make it." Millennials and now Gen Z are changing the game, viewing success as: ▪️ Working fewer than 40 hours a week ⏳ ▪️ Making enough money to sustain their lifestyle💰 🌱 Meanwhile, Americans over 35 still define “making it” as saving enough for retirement. For younger generations, money and fulfillment go hand in hand. In the next 10 years, Gen Z will take over the self-employment market, leading the charge in creating businesses that prioritize lifestyle, flexibility, and purpose. This is how the future of work will evolve—organically. ✨ #GenZ #SelfEmployment #FutureOfWork #LifestyleBusiness

Most Millennials switch jobs every 2.8 years, but Donald is an exception. Over the last two years, he has only had two jobs. He has spent six years at each. But it’s not only about sticking around, it’s about finding the right balance between work and life. Donald believes that work should be rewarding, not just in terms of money and career growth- but also in a way that leaves room for a healthy life outside office. His early experiences taught him to value relationships and not let work take over every part of his life. Growing up, he saw how isolation affected his family members. This helped shape his view on the importance of maintaining strong personal, and healthy connections. His advice? Start with a plan that’s realistic and stick to it. Take risks and explore different paths early in your career, while you have the flexibility to do so. And most importantly, build strong relationships both at work and in your personal life. Stability is crucial, but so is your growth as a person. You can read more about his story here: https://bit.ly/3YHRJGa  

Yoohoo, I found a home: I’m not a boomer! Born in 1963, I’ve always felt too young to be labeled a boomer. My daughters, at the tail end of Gen Y, surprised me with the news that I belong to  'Generation Jones'. Or should it be the generation ‘Pac-Man’? It's time to set the record straight. While Baby Boomers are often spoken of as one large cohort, there are indeed two different types: the earlier Boomers and the  Joneses. I was far too young for Woodstock, the “I Have a Dream” speech, and the  assassination of JFK. Unlike the idealistic and optimistic Early Boomers, we faced the realities of a rapidly declining economy. As the economy nosedived, fuel prices spiked, the oil embargo hit hard, and  job opportunities shrank in our formative years. We had to become inde-pendent and fight for our futures because nothing was handed to us. In a tight job market, we learned to work hard, dress for the jobs we wanted, and develop ways to stand out. We were forced to discover what’s new and  embrace the technology gadgets emerging at the time.  This attitude was crucial for career growth, even when the main focus was  simply job retention. This period of fierce competition for job stability has stayed with us Gen Jonesers, always striving to “keep up with the Joneses” or “jonesin'” for more. I like to share with you over the next few weeks how we, as Gen Jones, deal with Gen Z, look at the economy and welfare. Who also recognises themselves in Gen Jones??? The Pac-Man @ work. #talent#ormittalent#joneses#boomers#genjones

⚠️ TRIGGER WARNING for Gen X: This Might Get Uncomfortable 🥴 Let’s stop sugarcoating it, shall we? We keep calling younger Millennials and Gen Z “entitled” like we didn’t set the stage for it. Don’t get me wrong, the only reason why I can address this is because I not only have a household of five generations, I am a Gen X who has done a lot of reflection in the past few years forced…I mean, 😅highly encouraged by my kids. Newsflash: we have benefited from a system that we rigged in our favor and I along with many of you, expect them to just “work harder.” Getting defensive yet? 😤🙄🤑🤔 It’s ok, I also felt all sorts of ways when I first had this realization too. Here’s a secret 🤫 If there’s one thing I’ve learned, you don’t grow much in the comfort zone. Sooooo, they’re out here creating new lanes because the old ones don’t work. Lazy? NOPE! 👎 They’re innovative AF! They turned social media, gaming, and side gigs into careers while we judged. We built our cushy lives with houses, cars, and vacays twice a year. But that world is gone. They’re surviving in a system that’s broken. And the real kicker? Gen Z is fighting for mental health, inclusivity, and fairness in the workplace. Meanwhile, we’re clinging to an old-school, capitalistic grind. Do you have GUTS? 👉 Gen X: Can we admit our privilege and stop pretending like we don’t benefit from it? 👉 Boomers: Can you see the hustle without comparing it to your own journey? 👉 Millennials: You’re the glue—can you step up as the bridge between tradition and innovation? 👉 Gen Z: You’ve built incredible new pathways, but are you willing to embrace patience while influencing change in a system that’s slow to evolve? 🛑STOP judging. 🚦START listening. And here’s a thought… Could the younger generation be the least entitled of us all? 🫢 This topic is the most requested conversation we lead at TAP - The Accountability Partners, Inc. and for good reason—it’s spicy 🌶️ AND sparks REAL change. 🔥 #RealTalk #GenerationGap #NoFilter #TruthBombs #InnovationOverJudgment #GenerationalGrowth #BridgeTheGap #EmpathyMatters #TAPConversations #LeadershipShift #tapintoyourpotential

Interesting piece, although it does not consider a multicultural work environment, which adds communication challenges to the already generational ones. I have either witness or known about too many high skilled millennials living in #eindhoven which have been burnout at least once, there are two main characteristics that I could easily identify: 1) When behaving as a high achiever in a complex environment (the complexity can be, technical, too many stakeholders involved, different time zones, etc.) and have been working for more than 2 years under such conditions, where the manager is not a people's person and does not identify the signals of burnout and just keeps squeezing the employee for more performance, yeah, mainly in big companies (most of them working at ASML 🤷🏻♂️) 2) when following a very complex PhD research position and pushing themselves way beyond the limit for achieving cum laude or just because you are supposed to be extremely smart and you must show it, regardless, they get burnout and then realize too late that it was just a research job 🤦🏻♂️ It's becoming so normal, that I got to know indirectly the process that they must follow and the timings of each step. Again, Burnout is a very serious topic in which I lack expertise as to give advice, please refer to #phycologist to get accurate help. Now, sometimes millennials would like to recover their will/purpose or change their lives, which is also becoming quite normal, since for some, they now hold managerial positions instead of the initial technical ones that their degrees certified. Again, I'm not an expert, just old enough to witness psychological and physical issues that appear after years of overachieving trying to climb up the corporate ladder, where they might get a higher title with more money but no power, reminds me of Darryl from The Office - the higher that I get, the stupider the job gets - (cheating the ladder is quite easy, but, that is not the purpose of this post) Thanks Sally Clarke for sharing. Now, I highly recommend Soulbridge for those that might have physical conditions developed from work related stress (and other reasons) Millennials are getting bored of the current corporate working culture and some are drastically changing their lives while rediscovering themselves or starting their own company (like me 😅🙈). Until the ruling older generations do not concede power to the newer ones, innovation will keep coming from purchasing startups instead of internally, but, with so many of us attached to mortgages, children's education and even debts, not many get to be an #entrepreneur, so, their ideas and motivation get lost into the layers of a corporate environment.

"Many middle managers are experiencing increased burnout right now as they're caught between the whims of CEOs often trying to maintain the ways of tradition and employees who are looking to maintain their newly-earned autonomy. It's not a simple job given the 'increasingly fraught' relationship between employees and their companies, as workers feel the burn of layoffs, the paranoia of AI, and the sting of waning flexibility, says Deloitte's Jen Fisher 🦋 . Companies provided extra support during the early stages of the pandemic, and now the rollback has left employees more unhappy, she explains." #workplacewellness #workplacewellbeing #burnout #burnoutprevention

✨"Millennials, who became the icon for “hustle culture” in their 20s, are now aging into a new phase marked by cynicism."✨ Welcome to the club, millennials. Gen Xers have been here a while. Jokes aside, this Fortune article is a fascinating exploration of the changing face of middle management. It quotes the brilliant Jennifer Moss on how COVID has permanently changed the workforce, its expectations and its priorities. And, I fully support Jen Fisher 🦋's hope that "through their experiences and struggles, [millennials] will look to address the systemic issues in the workplace and move the mindset from extractive, transactional thinking to a human sustainability approach." If you're curious to redress the systemic issues that lead to workplace burnout, reach out to John Chan, Ph.D. or myself – and of course, delve into the Infinite Potential State of Workplace Burnout 2024 right here https://lnkd.in/gUAvU7Yi I'm curious: irrespective of your generation, how have the past few years changed you as an employee, an entrepreneur, or otherwise at work? #burnout #burnoutprevention https://lnkd.in/grh7YGqS