Wendy Kopp is 40 years old, but she may be the ultimate Millennial. As founder of Teach for America, she understands the deep need of Millennials to make a difference in the world and has given them a way to do it. Each year, Teach for America selects about 3,700 college graduates to work in low-income public schools.
At Notre Dame, where I teach Marketing, 10 percent of seniors in each of the last three class years planned to join a service program upon graduation rather than accept employment or pursue a higher degree. According to the Wall Street Journal, the Fighting Irish are not unique: there has been a surge in applications at Teach for America and the Peace Corps. Teach for America saw applications jump 36 percent to 24,718 for its limited spots, spots that offer salaries of just $25,000-$44,000 but offer rich psychic rewards. The Peace Corps is expecting a 16 percent increase in applications, and is experiencing volumes last seen in the 70s. While some of the increase is no doubt dimmer job prospects, the Journal says it is something deeper – a generational desire to give back.
According to researchers, Millennials are among the most civic minded cohort in four generations. Our own recent focus group research among new hires at major marketing companies provides confirmation: many feel conflicted about their inability to “give back” in their current job. Here’s how one responded to the question of how he feels about opportunities to give back at work:
“The last company I worked for went down to New Orleans to help with the Katrina clean-up effort.I know people really enjoyed that.In fairness, taking time out to do some good — while great — is a lot different than being in a career where each and every day you’re supporting a cause or a purpose you believe in.”
“I lead the company in a fundraiser for a battered women’s shelter, something small but makes a difference.”
While some respondents were able to rationalize their work as doing good (or at least no harm), others are overt about seeing their current job as simply a stepping stone to a job that will provide more opportunities to give back. Most think that means a job at a non-profit and lower pay.
Moderator: Do you see a tradeoff between making a difference in the world and making a lot of money?
Millennial: (There are) plenty of non-for-profits that would be fun to work for that make a difference but you can’t earn the same there.
Marketers take heed, this may be a group that is motivated less by self-interest than the common interest. How refreshing. How Millennial.