1 in 4 millennials feel underpaid, 1 in 5 face job insecurity: Report

New Delhi – A new report has revealed troubling trends in the workplace for India’s millennial workforce, showing that one in four millennials feels they are not being paid fairly, while one in five reports experiencing job insecurity.

The report, released by Great Place To Work India, examines how millennials are experiencing work in 2025 amid rapid technological and generational shifts.

While most millennials said their workplaces provide physically safe environments that also support their social and mental well-being, financial well-being scored the lowest.

“One in four millennials indicated they are being paid unfairly for the work they do. This highlights the urgent need for organisations to address pay equity and fairness among employees,” the report stated.

It further noted that 20 per cent of millennials feel insecure in their jobs, suggesting that better communication and transparency from organisations are needed.

Additionally, 17 per cent of millennials said they don’t feel psychologically or emotionally safe at work, a factor directly linked to lower organisational performance. The study found that millennials who feel psychologically safe are twice as likely to stay longer with their employers, boosting trust, retention, and commitment.

“By 2025, millennials will make up 63 per cent of India’s workforce. While they feel empowered by training and learning opportunities, they place high value on holistic well-being, psychological safety, career growth, and job stability,” said Balbir Singh, CEO of Great Place To Work India.

He added: “Organisations that actively listen to millennials and act on their feedback perform noticeably better in terms of trust, retention, and overall workplace experience.”

On career opportunities, only 47 per cent of millennials said they have significant chances to innovate, which may limit how they apply new skills or share ideas meaningfully.

The report also found that 15 per cent of millennials intend to leave their current employer, with higher attrition risk in IT and professional services. In contrast, sectors like retail and manufacturing reported lower turnover rates.

With inputs from IANS

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