Posted 3rd Dec 2018

Nine in 10 Brits aren’t working their ‘dream job’

3rd December 2018 - 11:18am
career advice, millennial, job, dream, career, work, kbb, kbbdaily

A new survey by BMO Global Asset Management has found that nine in 10 British adults aren’t working their ‘dream job’, with close to two thirds saying they don’t think they will ever get to work in their ideal profession.

The study of 2,000 employees also found that 85% are “working in a position which isn’t ideal for them”, with millennials being the most optimistic generation; 64% believe they will be in the perfect role in around six years on average.

While four in five say they enjoy their current role, only one in 10 millennials believe they will work in the same industry for the rest of their working life. The survey found that a third of workers aren’t pursuing their dream jobs due to money issues.

“Our research highlights how focused UK millennials are about their futures, especially in terms of career ambitions, and for the most part they are optimistic about achieving their dream job in just a few years,” said BMO Global Asset Management’s Ross Duncton.

According to BMO, the average working Brit estimates they would need a ‘buffer’ of £3,340 to support themselves if they leave their current job to pursue their dream career. However, only 14% said they have enough money saved, while a fifth said they have no savings at all.

“While it may be hard to visualise your future self, breaking the big picture down into small, more manageable goals can help,” said Duncton. “People yet to find their dream jobs can take learning from those that already have.

“Just under half of those who have already made the transition say they wished they had saved money to do it sooner. Lack of confidence also seems to be a barrier with fear of failure and lack of knowledge holding people back from pursuing their dreams.”

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