Millennials Want To Work For Socially Responsible Companies

Millennials Want To Work For Socially Responsible Companies

To Help Better Society As A Whole
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Compared to other generations, Millennials are much more likely to want to work for socially responsible companies. In fact, they’d even take a pay cut to work for a company that’s socially responsible over one that isn’t. It’s super important for them to see that the company is honest and open, wants to give back to the community and also wants to help better society as a whole.

They Want To Get Their Hands Dirty

Millennials don’t just want to work for a company that does these things. They want to be part of it. They want to be able to suggest ideas and be involved with the efforts the company is making. Millennials are a huge part of the population and their opinions should be valued. They understand their fellow peers and know what would work to entice them. That’s why they want to be included in these conversations and efforts. They know they can make a difference.

They Want Businesses To Be Transparent

Millennials grew up with mass media, so they’re more likely to be skeptical of it. They aren’t gong to blindly accept a slogan or a suspicious answer about the company’s social responsibility efforts. The companies they want to work for are open and honest about their doings in the world. They want to see that these companies are showing the world that they’re good citizens and are looking to better things.

Millennials don’t just cater to these types of businesses by being employees. They’re also showing it with their hard-earned money. They’re much more likely to buy from a company if they’re transparent—so Millennials might be on to something. There’s a good shot that the transparent companies are getting more great employees, as well as a bit more revenue.

They Want Volunteer Opportunities

Volunteering both entices more workers and makes current employees more engaged with their work. Millennials want to give their all to a company that they see is making the effort to give back. Being involved in corporate volunteer days is a must. In addition to that, they want to see paid service leave and opportunities for after-hours service.

With work and life being more intertwined than ever for Millennials, they see the place that they work as an extension of who they are. This means that a company that gives back is insanely important to them. They don’t want to work for a corporation that gets bad press or is known for treating the community or environment badly.

They Want Eco-Friendly Businesses

Sustainability and being eco-friendly is extremely important to Millennials. That’s why they’re much more likely to work for companies that care about those things. They’re going to take notice of excess waste in the company and bring it up at the next meeting and find more sustainable ways to do things. They’re on a mission to make the world a better place and they aren’t afraid to speak up.

They Look Up To Prominent Company Leaders

Millennials admire leaders who use their wealth and status for good. One of the most prominent people is Bill Gates, who is famous for his philanthropy work and desire to help the world. His charity focuses on noble causes like eradicating disease, improving nutrition and empowering the poor. He’s someone Millenials would want to work for.

It isn’t just the richest man in the world that exhibits these qualities, though. Robert Mericle is head of a commercial real estate company in Pennsylvania. He also has a huge influence in the area with both green building and local jobs. The first three industrial building in Northeastern PA to be granted LEED status were his buildings. The company is also prominent in community service efforts and passionate about the area.

Rebecca Peragine is an artist that started selling her wall art, cards and posters to contribute to environmental education for kids. All of the materials she uses for her art are eco-friendly. She also sells ornaments made by a women’s cooperative in Mexico and sells a certain poster where all the proceeds go to Future Fortified.

These are the kinds of companies and people that Millennials want to work for. They’re known for the work they do to help the community, as well as the world as a whole. They’re the people that are making whatever difference they can, no matter how small or large their company is.

Millennials aren’t just looking for a job. They’re looking to help a company change the world, one step at a time. Social responsibility is becoming more and more important with the rise of Millennials, and they’re ready to make that known.

Cover Image Credit: Pexels

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I'm The Girl Without A 'Friend Group'

And here's why I'm OK with it

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Little things remind me all the time.

For example, I'll be sitting in the lounge with the people on my floor, just talking about how everyone's days went. Someone will turn to someone else and ask something along the lines of, "When are we going to so-and-so's place tonight?" Sometimes it'll even be, "Are you ready to go to so-and-so's place now? Okay, we'll see you later, Taylor!"

It's little things like that, little things that remind me I don't have a "friend group." And it's been like that forever. I don't have the same people to keep me company 24 hours of the day, the same people to do absolutely everything with, and the same people to cling to like glue. I don't have a whole cast of characters to entertain me and care for me and support me. Sometimes, especially when it feels obvious to me, not having a "friend group" makes me feel like a waste of space. If I don't have more friends than I can count, what's the point in trying to make friends at all?

I can tell you that there is a point. As a matter of fact, just because I don't have a close-knit clique doesn't mean I don't have any friends. The friends I have come from all different walks of life, some are from my town back home and some are from across the country. I've known some of my friends for years, and others I've only known for a few months. It doesn't really matter where they come from, though. What matters is that the friends I have all entertain me, care for me, and support me. Just because I'm not in that "friend group" with all of them together doesn't mean that we can't be friends to each other.

Still, I hate avoiding sticking myself in a box, and I'm not afraid to seek out friendships. I've noticed that a lot of the people I see who consider themselves to be in a "friend group" don't really venture outside the pack very often. I've never had a pack to venture outside of, so I don't mind reaching out to new people whenever.

I'm not going to lie, when I hear people talking about all the fun they're going to have with their "friend group" over the weekend, part of me wishes I could be included in something like that. I do sometimes want to have the personality type that allows me to mesh perfectly into a clique. I couldn't tell you what it is about me, but there is some part of me that just happens to function better one-on-one with people.

I hated it all my life up until very recently, and that's because I've finally learned that not having a "friend group" is never going to be the same as not having friends.

SEE ALSO: To The Girls Who Float Between Friend Groups

Cover Image Credit: wordpress.com

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11 Financial Tips For College Grads Who Don't Know Where To Start

Most people learn how to navigate their finances as they go, at the cost of making several mistakes and starting good habits later than they should've. Don't be like most people!

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Adulting is hard, especially when it comes to money. If you're like me and you took a personal finance class in high school or college, you probably don't remember much because the information wasn't relevant to you at the time. Well, now you're almost done with college and you're ready to be welcomed into the real world as a freshly-minted adult. Suddenly you realize that class was probably one of the most important classes you ever could've taken.

Here are 11 tips to start making money moves today.

1. Start building your credit

It may not seem important now, but it's a good idea to start building your credit early. In three to five years or so, when you're ready to apply for a car or home loan, you're going to want to be approved to get the best interest rates, and that means having a credit score of at least 760. See tips two and three for more on how to increase your credit score.

2. Open a credit card if you don't have one already

One huge factor in your credit score is how long your oldest credit card account has been open, so you want to make sure to start early. A first card many people get is called a "secured" credit card, which basically acts like a debit card so the bank knows you won't go all "Shopaholic" and max it out. Make sure to pay every single one of your monthly payments on time and in full. No excuses, no exceptions.

3. Make all of your student loan payments on time and in full

JUST DO IT.

4. Embrace the concept of paying yourself first

Paying yourself first is a concept that many millionaires, even billionaires, swear by. Decide how much of your income you want to save. Then set up a portion of your paycheck to deposit directly into your savings before you can even think about it. The rest can go to your checking account for spending on bills, food, rent, and other expenses.

5. Build a three- to six-month emergency fund

Did you know that 33% of Americans would struggle to pay $1,000 in an emergency? This is a serious issue. You don't want to ever experience living "paycheck to paycheck," let alone have a minor crisis throw your life upside down. That's why you're going to build this emergency fund before you do anything else with your money. Think of this fund as something that you can't touch until you absolutely need it. If and when that time comes, you'll know, and you'll be so grateful that you were smart and were prepared.

6. Open a Roth IRA

There are so many things to be said about Roth IRAs and why you should get one as a new college graduate. In short, IRA stands for Individual Retirement Account. A Roth IRA is unique because any money you put into it is taxed now, so you won't have to pay taxes on it when you're retired and ready to use it. The main benefit: you also won't have to pay any taxes on the money you earn in the account. In addition, because you're young, you get to take advantage of the power of compound interest for a long time before you retire. This could potentially earn you hundreds of thousands of dollars. The best time to open a Roth IRA was yesterday. So go do it now!

7. Contribute as much as possible to your 401k

A 401k is basically an investment bank account that you can't use until you retire, and it will be taxed once you start using it (so it is not taxed now). Many employers offer 401k matching, and they open one up for you when you start your first job. If your employer offers 100% matching up to 6% of your salary, that means that if you can afford to put 6% of your income into your 401k, your employer will also contribute the exact same amount. Listen to me: this is free money. I like free money. You like free money. Take it.

8. Open a high-yield savings account

This is 2019. Don't keep your money in cash or in a regular savings account, where it'll depreciate 2-3% in value every single year it sits there. Get yourself a high-yield savings account, in which interest rates are anywhere between 2.0 and 2.25%, and watch your money make money while you sleep.

9. Start tracking your spending

Since it has become much easier to make quick and painless purchases these days, you should definitely be aware of your spending. I personally like to use a free app, like Mint, that does all the work for you because it puts all of your financial accounts (ie. savings and checking accounts, investments, loans, assets, etc.) into one place.

10. Create a monthly budget for each of your spending categories

These include food, housing, transportation, entertainment, subscriptions, health and wellness, and maybe more. You should know the things you always buy on a monthly basis and how much they typically cost. Comparing your budget to what you really spent after a month will show you exactly where your weaknesses are. Try to stay at or under your budget for each category every month unless there's an unusual event, like a vacation or a car repair.

11. Learn the basics of investing

Compared to the other tips on this list, this is one you can put on the back-burner for a bit. However, that doesn't make it any less important. It's critical for everyone who is financially independent to understand the basics of stocks, bonds, Exchange-Traded Funds, Mutual Funds, REITs, and more that you can use to diversify your portfolio, including in your new Roth IRA and 401k!

What are you waiting for? Up your financial game!

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