Young workers want to make money, but how many years are they willing to work?
This week, the Harvard Business Review released a survey of what young people around the world want from work and there are a couple of areas where North American millennials (as they are labeled in the report) don't line up with the rest of the world.
Few North American young people expect to retire before age 60, whereas that's the dominant belief in Africa, the Asia-Pacific region, Latin America, and the Middle East.
Much of that has to do with cultural norms and coming of age in a struggling economy. North American young adults have grown up with parents and bosses who regularly work into their mid-60s. That's not the norm in Asia, for instance, where people have generally retired between 55 and 60.
North Americans also say that having a manager who "empowers their employees" is the most important trait to have in a boss and, of the options given, transparent performance criteria is the least important. In Central Europe and the Middle East, performance criteria is highly valued while having a manger who empowers employees is by far the least important.
While American companies certainly aren't free from corruption scandals, bribery and corporate fraud are less tolerated than in other regions of the world, such as the Middle East. a 2012 PwC survey found that nearly 40 percent of Middle East business leaders expected to be confronted by bribery and corruption compared to a global average of 23 percent.
There is one area where young people around the globe are in agreement, however. Most are, predictably, interested in making lots of money.
The survey, which is set to become an annual practice, is reportedly the largest study of its kind, including responses from 16,637 people between the ages of 18 and 30 from 43 countries.
Emily DeRuy is a Washington, D.C.-based associate editor, covering education, reproductive rights, and inequality. A San Francisco native, she enjoys Giants baseball and misses Philz terribly.