A recent Gallup report on the millennial generation reveals that 21% of millennials say they've changed jobs within the past year, which is more than three times the number of non-millennials who report the same.
Gallup found that 60% of millennials say they are open to a different job opportunity -- 15 percentage points higher than the percentage of non-millennial workers who say the same. Millennials are also the most willing to act on better opportunities: 36% report that they will look for a job with a different organization in the next 12 months if the job market improves, compared with 21% of non-millennials who say the same.
Why are millennials so likely to move around? Gallup has found that only 29% of millennials are engaged at work, meaning they are emotionally and behaviorally connected to their job and company. Another 16% of millennials are actively disengaged, meaning they are more or less out to do damage to their company. The majority of millennials (55%) are not engaged, leading all other generations in this category of worker engagement.
-RW
This is not descriptive of millennials as a generation so much as workers in the 22-30 range. If you compare workers in that age group during the 80s and 90s to today, millennials are actually switching less frequently.
ReplyDeletehttp://fivethirtyeight.com/datalab/enough-already-about-the-job-hopping-millennials/
This reminds me of that insurance commercial where the girl says you had your car for four years, you named it Brad. You went through three jobs and two boyfriends before totaling Brad. I was like, wait, what? Three jobs in four years?
ReplyDeleteIt sounds like a problem with employers, not employees. If employees do not care about a company, then why would that be the fault of the employees? And why would we expect them to not be this way? Many (most?) employers don't include health insurance, retirement, etc., and are constantly whining at workers about wellness and being healthy. Most workplaces are a tyranny of political correctness that alienates everybody. And for 8 years the State and Central Banks have been explicitly saying there is no time preference.
ReplyDeleteSo, people don't care about their employers? Duh!