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Key Takeaways from the 2020 Deloitte Global Millennial Survey

7/21/2020

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Based in Dallas Texas,, Randall Blum is the president and CEO of a consulting firm that provides guidance and mid-level manager training to Fortune 500 corporations. Randall Blum specializes in helping these companies improve productivity and satisfaction among Millennial employees.

In an effort to gauge Millennial concerns and anxieties in the face of a global pandemic, Deloitte amended its annual Global Millennial Survey for 2020. The primary survey was conducted between November 2019 and January 2020 and involved more than 18,000 Millennials and Gen Zs in 43 countries. However, a second “pulse” survey, involving more than 9,000 individuals in 13 countries, was taken in April and May. The second survey highlighted that, despite the discouraging economic reality for Millennials and Gen Zs, the majority of young people feel a sense of optimism and resolve to reshape the world.

This resilience is in the face of concerns regarding stress and mental wellness that is amplified by job prospects and long-term financial concerns. Even before the pandemic, one-third of survey respondents admitted to taking time off work for stress-related reasons. The option of working from home, which has become increasingly available during the pandemic, could help alleviate stress among these workers - 69 percent of Millennial respondents agreed this could help their mental wellness.
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