Are your employees living the American Dream? Today, less than half (47 percent) of workers feel they are living the American Dream, according to recent CareerBuilder research. Women are less likely than men to say they are living the American Dream (41 percent vs. 54 percent, respectively). But what exactly does the American Dream mean to workers today? When asked, answers included:
- Making enough money for me and my family to live comfortably (85 percent)
- Being able to help others (48 percent)
- Getting a great education and providing that opportunity for my family (35 percent)
- Making an impact on my community (30 percent)
- Leaving a legacy (22 percent)
- Seeing my ideas become a reality in business (17 percent)
- Becoming a millionaire (10 percent)
What Does This Mean For You?
In today’s tight job market, employers are doing whatever they can to retain top talent. When you think about ways to keep star employees around, options like raising pay, giving more vacation time or offering more benefits may come to mind. Though it may not be the first option you consider, career pathing could be one of your strongest engagement and retention tools.
Check out more about career pathing here.