1 out of 4 millennials say they feel underpaid, worrying employers: Study

1 out of 4 millennials say they feel underpaid, worrying employers: Study”—but after checking current available data, I wasn’t able to locate a specific study or reputable source that exactly states “1 in 4 millennials feel underpaid”. Here’s what recent research actually shows: A survey by FinanceBuzz found that nearly 48% of millennials feel underpaid—the highest among all generations. Only 44% felt they were fairly compensated FinanceBuzz . Deloitte’s 2025 Global Gen Z & Millennial Survey reports 46% of millennials say they do not feel financially secure—an indicator of uncertainty or dissatisfaction, but not a direct “underpaid” figure Deloitte . Another recent study by Talker Research, cited by StudyFinds, shows that 23% of millennials (and Gen Z) flagged “rising expectations without increased pay” as one of the main burnout factors—but again, that’s burnout-driven frustration, not necessarily a feeling of being underpaid per se
1 out of 4 millennials say they feel underpaid, worrying employers: Study

Summary of Findings

Source / StudyFinding
FinanceBuzz Survey48% of millennials feel underpaid; only 44% feel fairly compensated.
Deloitte 2025 Survey46% of millennials feel financially insecure. 
Talker Research Survey23% cite increased expectations without pay raise. 

Possible Explanation for the “1 in 4” Claim

The “1 in 4” figure (25%) might stem from a misinterpretation or oversimplification of data around burnout or dissatisfaction metrics rather than direct compensation assessments. For instance, 23% of millennials report frustration with increased responsibilities without corresponding pay—this is close to “1 in 4,” but it’s not about feeling underpaid in absolute terms .


Why It Matters for Employers

Even if the exact “1 in 4” number isn’t confirmed, these stats still carry weight:

  • Nearly half of millennials feel underpaid or financially insecure.

  • Pay dissatisfaction directly impacts burnout, job-switching intentions, and overall morale.

  • Employers need to address compensation perceptions—not just actual pay—through transparency, fair benchmarking, and proactive communication.

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