Millennials are frustrated working at big companies, but big companies face tough times

Macau Business | October 2022 | Special Report | Chinese Millennials

“Research continues to show that highly educated people have much higher developmental indicators, such as quality of life and job satisfaction, and are paid higher.” This idea was cited by Professor Vítor Teixeira of St. Joseph’s University. applies to all young students in China, Macau and abroad.

Teixeira strongly believes that “getting more education has become the ‘norm’ and that people typically expect to perform on par with their peers of the same generation.”

The head of the psychology department said, “More education means more information and awareness about many aspects of life, including more resources to deal with the pressures and challenges that may present themselves.” It involves the expectation of having

However, Professor Teixeira said, “It is true that in certain cases not being able to find a job in one’s field of interest or being unable to take advantage of one’s qualifications can be a source of pressure and frustration.” I admit.

In particular, according to official statistics in China, the percentage of graduates who finish their studies and find employment has gradually declined over the past few years.

tamping It’s a kind of reactionary attitude to the lack of choice in the job market.” – Lisa Lee

Frustration with one’s job (or not having one) is one of the key elements of social activism. Karahei (Taipei, or “lying down”).

“Tangping is very prevalent in post-corona China, reflecting a kind of dilemma situation facing China’s younger generation,” said Lisa Xiaoqing Li of the University of Macau.

[Wikipedia defines tangping as a rejection of societal pressures to overwork, such as in the 996 working hour system (9am–9pm, 6 days a week), which is often regarded as a rat race with ever-diminishing returns. Those who participate in tangping instead choose to “lie down flat and get over the beatings” via a low-desire, more indifferent attitude towards life.]

“Actually, they really can’t tampingAn assistant professor in the Department of Communications at UM explains: Macau business“On the contrary, they have to participate in high-level competition for jobs. A more serious problem is that big companies are facing a difficult time right now, and while a job at a big company may pay well, it’s not as good as a civil servant job in the government. It’s not stable: Workers can face layoffs soon after entering the industry.”

Professor Li, who is also program coordinator for the Master of Arts in Communication at UM, concludes: From my understanding, tamping A kind of reactionary attitude to the lack of choice in the job market. ”

[The National Language Resources Monitoring and Research Centre, an affiliate institution of the Ministry of Education of the PRC, listed the word tangping as one of the 10 most popular memes for 2021 on the Chinese Internet. The Chinese search engine Sogou also listed the word at the top of its list of most trending memes for 2021. In May 2021, the Chinese state news agency, Xinhua, published an editorial asserting that “lying flat” is shameful, and an article by Xi Jinping published in the Communist Party journal Qiushi called for “avoiding ‘involution’ (neijuan) and ‘lying flat’,” according to Wikipedia.]

Career (middle) decision

What factors influence the career decisions of China’s younger generation?

To answer this and explore the impact of context and background information on career decision-making and other career-related variables, Yuan Liang wrote his master’s thesis (Kent State University, Ohio, 2016) titled Career decisions of China’s young generation.

The results showed that “younger generations are influenced by brand preferences, external prestige perceptions, and career indecision when making career decisions.”

The study also shows that “career indecision mediates the relationship between brand preference and external prestige through the career decision-making process.”

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