In seven years of data from the Conference Board, this is the first year that young workers have reported higher wage satisfaction than older employees. (Photo: Shutterstock)

Despite shouldering record amounts of student debt and being less likely to own a home as older people were at the same age, millennials and Generation Z workers report slightly more satisfaction with pay than their parents' generation.

A survey of 2,000 employees by Conference Board, a business research group, finds that 46 percent of workers under 35 were happy with their compensation in 2018, up from 36 percent just a year earlier.

Recommended For You

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.