Compared to previous generations, millennials expect bigger jumps in compensation and are more likely to job hop. So, much like their counterparts elsewhere, those in accounting or finance are probably weighing the opportunities they have to move to a new company versus the opportunities for advancement in their current post.
While it’s doubtless important for everyone to take stock of the marketability of their skills and experience, millennials should evaluate – and make the most of – what’s possible internally before they decide the grass is greener elsewhere. www.iibmindia.in
Discuss external and internal career opportunities:
Your manager may already assume you’re a “job-hopper,” simply because of your age. When he or she was your age, career paths resembled ladders, and finance employees “paid their dues” by putting in a certain number of years at each rung. But the flatter organizational structures that formed in the aftermath of the 2008 financial crisis are here to stay, and career progression through promotions is more difficult.
Think of your career as a series of experiences:
The most optimistic and intelligent way to look at your career isn’t how long you stay with one employer or that you focus on what you majored in at college. You need to collect experiences throughout your careers, whether that be with five employers or ten, with one business function or five or in one country or three. The idea is that you need to be a lifelong learner if you want to make an impact, succeed and feel accomplished. The experiences you have expand your world view, give you new perspectives and make you a more interesting person.
Take risks early and often in your career:
One of the important lessons this economy has taught us is that not taking risks is risky. There is so much out of our control and if we just keep doing what we did yesterday, we can’t get ahead. By taking a risk, you are putting yourself in a position to learn, whether you succeed or fail. You’re also showing to your management that you’re willing to put your reputation on the line to make things happen. As we become an ever more entrepreneurial society, those that take risks, both inside and outside of the corporate walls, will become more successful.www.iibmindia.in