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The State of Career Satisfaction

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When are professionals happiest and most successful in their careers? According to Citi/LinkedIn's latest Today’s Professional Woman Report, success and career satisfaction are not just end goals, they’re moving targets for both men and women. The Today's Professional Woman Report was inspired by the conversations in Connect: Professional Women’s Network, an online community with more than 300,000 members. Read the full report here: http://bit.ly/1pF5HBQ Connect is a free LinkedIn group powered by Citi that features videos interviews with influential businesswomen, live Q&As with experts, and slideshows with career advice. To join the conversations in the largest women's group on LinkedIn, visit http://www.linkedin.com/womenconnect.

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Citi/LinkedIn’s Today’s Professional Woman Report explores how women and men evaluate career satisfaction and achieve success. The State of Career Satisfaction BROUGHT TO YOU BY
WHEN ARE YOU THE HAPPIEST IN YOUR CAREER?
According to the latest Today’s Professional Woman Report, career satisfaction and success are not just end goals, they’re moving targets for both men and women.
Inspired by the conversations in Connect: Professional Women’s Network, the latest survey looks at career concerns, professional progress and happiness.
Men and women in every age group report that the happiest point in their careers was just a few years in the past.
WHEN PROFESSIONALS SAY THEIR HAPPIEST AGE WAS: Gen. Y 28 Adults 35–44 35 Adults 45–54 42 Adults 55+ 49
“My proudest moments were when I was awarded two commendation medals from the California Military Department. There is nothing more satisfying than knowing you did your best and that your efforts had a positive impact.”  MeShawn Tajalle Hunt, Owner at 2 Tropical Gals
When professionals think they’ll peak in their career varies significantly by generation.
Professionals anticipate their “peak” further ahead as they move from one generation to the next.
THE AGE PROFESSIONALS EXPECT TO HIT THEIR PEAK: Gen. Y 43 Adults 35–44 50 Adults 45–54 56 Adults 55+ 62
Most professionals associate career satisfaction with a good salary, but the importance of salary varies between genders and generations as well.
Men are more likely than women to equate career satisfaction with a “good salary” (58% vs. 52%), while women ranked salary as equally important to doing what they love and being challenged.
Salary also becomes less important to professionals as they age: Respondents 55+ were significantly more likely to equate career satisfaction with “doing what I love.”
“Money, prestige and social status are all nice, but they are not what make a successful career. You have to feel fulfilled, constantly striving and learning.” Pamela Rogers, Employment Coach
WOMEN CONTINUE TO MAKE PROGRESS TOWARD THEIR GOALS.
Of those who asked for a raise in the past year, the number of women getting them is on the rise: 84% of women who asked for a raise last year received one vs. 75% of those who received a pay increase in 2013.
“WHEN MY BOSS ASKED ‘WHY DO YOU DESERVE MORE?’ I WAS READY! I deserved more because I had cut cost for the company that tripled what I wanted in a raise. I deserved more because I worked 16 hours a day and never complained. I deserved it because I earned it. WHEN YOU EARN IT, ASK FOR IT! Chances are you are too valuable for them to let go.” Rachel Goodwin-Juby, Owner at Emergency 911 Equipment
SEVERAL MAJOR CAREER AND FINANCIAL CONCERNS WOMEN EXPRESSED IN THE PAST ARE DECREASING.
The number of women who reported that they were very concerned with work-life balance has decreased significantly over time – by 14 points (53% vs. 39%) since August 2012.
“Having a flexible work environment has allowed me to be much more productive because I don't have to worry as much about the work-life balance.” Lisa Ventura, Vice President of Accounting and Administration
CONNECT: PROFESSIONAL WOMEN’S NETWORK©2014 LinkedIn Corporation. All Rights Reserved. 21 JOIN THE CONVERSATION! Connect: Professional Women’s Network, Powered by Citi, is an online community with more than 300,000 members on LinkedIn that helps women achieve the careers they want and discuss the issues relevant to their success. For more great insights from Connect members, check out the discussions: What’s Your Proudest Professional Moment?, Is Work-Life Balance a Myth? and How Have You Benefitted From a Flexible Work Environment? Visit linkedin.com/womenconnect for more information and to join the group!
CONNECT: PROFESSIONAL WOMEN’S NETWORK©2014 LinkedIn Corporation. All Rights Reserved. 22 1: MJTH/Shutterstock 2: Constantin Sutyagin/Shutterstock 3: Be Good/Shutterstock 4: Nicoleta Raftu/Shutterstock 5: Masson/Shutterstock 6: Anastasiia Kucherenko /Shutterstock 7: discpicture/Shutterstock 8: TED Conference/Flickr 9: Monkey Business Images /Shutterstock 10: Togataki/Shutterstock 11: Andy Dean/Shutterstock 13:bikeriderlondon/Shutterstock 14: Monkey Business Images/ Shutterstock 15: Dudarev Mikhail/Shutterstock 17: Eky Studio/Shutterstock 18: Warren Goldswain /Shutterstock 20: Goran Bogicevic/Shutterstock PHOTO CREDITS: Read the full Today’s Professional Woman Report here: http://bit.ly/1pF5HBQ To learn more about the report, contact: [Citi] Andrew Brent: 212-559-1299 / Andrew.brent@citi.com; [Edelman] Shaina Lamb: 212-704-8281 / shaina.lamb@edelman.com; [LinkedIn] Fenot Tekle: ftekle@linkedin.com. FOR MORE INFORMATION:
CONNECT: PROFESSIONAL WOMEN’S NETWORK©2014 LinkedIn Corporation. All Rights Reserved. 23

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The State of Career Satisfaction

  • 1. Citi/LinkedIn’s Today’s Professional Woman Report explores how women and men evaluate career satisfaction and achieve success. The State of Career Satisfaction BROUGHT TO YOU BY
  • 2. WHEN ARE YOU THE HAPPIEST IN YOUR CAREER?
  • 3. According to the latest Today’s Professional Woman Report, career satisfaction and success are not just end goals, they’re moving targets for both men and women.
  • 4. Inspired by the conversations in Connect: Professional Women’s Network, the latest survey looks at career concerns, professional progress and happiness.
  • 5. Men and women in every age group report that the happiest point in their careers was just a few years in the past.
  • 6. WHEN PROFESSIONALS SAY THEIR HAPPIEST AGE WAS: Gen. Y 28 Adults 35–44 35 Adults 45–54 42 Adults 55+ 49
  • 7. “My proudest moments were when I was awarded two commendation medals from the California Military Department. There is nothing more satisfying than knowing you did your best and that your efforts had a positive impact.”  MeShawn Tajalle Hunt, Owner at 2 Tropical Gals
  • 8. When professionals think they’ll peak in their career varies significantly by generation.
  • 9. Professionals anticipate their “peak” further ahead as they move from one generation to the next.
  • 10. THE AGE PROFESSIONALS EXPECT TO HIT THEIR PEAK: Gen. Y 43 Adults 35–44 50 Adults 45–54 56 Adults 55+ 62
  • 11. Most professionals associate career satisfaction with a good salary, but the importance of salary varies between genders and generations as well.
  • 12. Men are more likely than women to equate career satisfaction with a “good salary” (58% vs. 52%), while women ranked salary as equally important to doing what they love and being challenged.
  • 13. Salary also becomes less important to professionals as they age: Respondents 55+ were significantly more likely to equate career satisfaction with “doing what I love.”
  • 14. “Money, prestige and social status are all nice, but they are not what make a successful career. You have to feel fulfilled, constantly striving and learning.” Pamela Rogers, Employment Coach
  • 15. WOMEN CONTINUE TO MAKE PROGRESS TOWARD THEIR GOALS.
  • 16. Of those who asked for a raise in the past year, the number of women getting them is on the rise: 84% of women who asked for a raise last year received one vs. 75% of those who received a pay increase in 2013.
  • 17. “WHEN MY BOSS ASKED ‘WHY DO YOU DESERVE MORE?’ I WAS READY! I deserved more because I had cut cost for the company that tripled what I wanted in a raise. I deserved more because I worked 16 hours a day and never complained. I deserved it because I earned it. WHEN YOU EARN IT, ASK FOR IT! Chances are you are too valuable for them to let go.” Rachel Goodwin-Juby, Owner at Emergency 911 Equipment
  • 19. The number of women who reported that they were very concerned with work-life balance has decreased significantly over time – by 14 points (53% vs. 39%) since August 2012.
  • 20. “Having a flexible work environment has allowed me to be much more productive because I don't have to worry as much about the work-life balance.” Lisa Ventura, Vice President of Accounting and Administration
  • 21. CONNECT: PROFESSIONAL WOMEN’S NETWORK©2014 LinkedIn Corporation. All Rights Reserved. 21 JOIN THE CONVERSATION! Connect: Professional Women’s Network, Powered by Citi, is an online community with more than 300,000 members on LinkedIn that helps women achieve the careers they want and discuss the issues relevant to their success. For more great insights from Connect members, check out the discussions: What’s Your Proudest Professional Moment?, Is Work-Life Balance a Myth? and How Have You Benefitted From a Flexible Work Environment? Visit linkedin.com/womenconnect for more information and to join the group!
  • 22. CONNECT: PROFESSIONAL WOMEN’S NETWORK©2014 LinkedIn Corporation. All Rights Reserved. 22 1: MJTH/Shutterstock 2: Constantin Sutyagin/Shutterstock 3: Be Good/Shutterstock 4: Nicoleta Raftu/Shutterstock 5: Masson/Shutterstock 6: Anastasiia Kucherenko /Shutterstock 7: discpicture/Shutterstock 8: TED Conference/Flickr 9: Monkey Business Images /Shutterstock 10: Togataki/Shutterstock 11: Andy Dean/Shutterstock 13:bikeriderlondon/Shutterstock 14: Monkey Business Images/ Shutterstock 15: Dudarev Mikhail/Shutterstock 17: Eky Studio/Shutterstock 18: Warren Goldswain /Shutterstock 20: Goran Bogicevic/Shutterstock PHOTO CREDITS: Read the full Today’s Professional Woman Report here: http://bit.ly/1pF5HBQ To learn more about the report, contact: [Citi] Andrew Brent: 212-559-1299 / Andrew.brent@citi.com; [Edelman] Shaina Lamb: 212-704-8281 / shaina.lamb@edelman.com; [LinkedIn] Fenot Tekle: ftekle@linkedin.com. FOR MORE INFORMATION:
  • 23. CONNECT: PROFESSIONAL WOMEN’S NETWORK©2014 LinkedIn Corporation. All Rights Reserved. 23