Millennials are choosing high-paying jobs over something they would enjoy

Maltese millennials have grown disillusioned with career prospects, choosing instead high-paying jobs as they struggle to keep up with increasing costs of living and hefty loans, a study has found.
The same study debunks the belief that millennials in the labour market are the only ones seeking flexible work arrangements in a post-pandemic Malta.
The study by Eugenia Sammut for a University of Malta Master of Arts in Management by Research was based on an online questionnaire in January 2022 and subsequent focus groups between July and August.
Sammut, who was supervised by Vincent Cassar, received 566 replies to her questionnaire. Over half of them were millennials, born between 1981 and 1996.
On average, millennials scored lower than the rest on job satisfaction, employee engagement and employee well-being, and higher scores on intention to leave.
Participants felt millennials had it more difficult than the rest as they are faced with an increased cost of living that is not reflected in their salaries, finding themselves “stuck” with a loan and, therefore, not free to move around in the labour market, Sammut told Times of Malta.

In order to keep up with high cost of living,...