Ben Shapiro says more Americans are ‘aching for retirement’ due to ‘unfulfilling’ work — 3 tips to turn it around
Ben Shapiro says more Americans are ‘aching for retirement’ due to ‘unfulfilling’ work — 3 tips to turn it around
In a recent episode of “The Ramsey Show,” Ben Shapiro expressed his take on the American mentality toward work and how it may be causing people to unnecessarily suffer until retirement.
“What I see is an increasingly depressed America,” he said. “[This is] a country that has set expectations that work is somehow bad and unfulfilling.”
And he’s not necessarily wrong. A Gallup poll indicates that roughly 17.8% of U.S. adults are currently struggling with or being treated for depression, up seven percentage points since 2015. However, Gallup’s data indicates that rates are growing faster for women and younger Americans who are struggling with loneliness, job loss or lower incomes.
Meanwhile, 50% of employed Americans say they find their work enjoyable and less than half (47%) find their work fulfilling all or most of the time, according to Pew Research Center. Older workers with higher incomes, however, were more likely to find their job enjoyable and fulfilling.
In short, people may not be dissatisfied with their jobs as much as they’re dissatisfied with how much they’re paid.
It’s perhaps easy to see why someone like Shapiro, a 40-year old worth over $50 million, finds his work enjoyable: he gets well compensated for it. With that in mind, here are three ways you can turn things around if your work is working against you.
Staying in the same role for too long could be lowering your satisfaction with work. While job hopping typically has a negative connotation, there can be benefits to knowing when to move on to greener pastures.
In fact, a study by Side Hustles found those who switch jobs often are 64% more likely than long-term employees to feel like their career is progressing. Data from the Federal Reserve Bank of Atlanta also indicates that “job switchers” have seen faster wage growth than “job stayers” over the past five years.
So if you’re looking for better work and better pay, it may be time to fire up the job hunt.
Read more: 5 ways to boost your net worth now — easily up your money game without altering your day-to-day life
If you’re content in your role, you could improve satisfaction by simply asking for better compensation.
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Only 32% of men and 28% of women asked for higher pay in 2023, according to Pew Research Center. A similar gap was highlighted regarding age: Only 19% of workers 65 and over said they didn’t feel comfortable asking for higher pay compared to 46% of workers ages 18 to 29.
Regardless of your age or gender, getting over this psychological barrier to pay negotiation can be essential for your work satisfaction. If there’s no roadmap you and your manager can agree on to get you to your desired salary, you may want to consider a job switch to improve your prospects.
If leaving your job and negotiating for better pay is off the table, you may want to consider a side venture. More than half of Americans (54%) have taken on side gigs to supplement their main source of income in the last year, according to a recent MarketWatch Guides study.
Beyond the flexibility and added pay, launching a side hustle can be a great way to indulge in a passion project without too much risk. For instance, If you’re keen on social/political commentary, launching a podcast in light of Shapiro’s observation could be a great way to demonstrate human agency and improve your professional satisfaction.
This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
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