Why Gen Z Is Job-Hopping Faster Than Ever: The Shocking Truth About Their Career Moves
Financial Management Magazine1 week ago
870

Why Gen Z Is Job-Hopping Faster Than Ever: The Shocking Truth About Their Career Moves

CAREER DEVELOPMENT
genz
careerdevelopment
jobhunting
employeeretention
workforcetrends
Share this content:

Summary:

  • 52% of Gen Z employees are actively job hunting, with only 11% planning long-term stays in current roles

  • Gen Z has an average tenure of just 1.1 years in their first five career years, much lower than older generations

  • Entry-level job postings have dropped 29% globally since January 2024, contributing to job changes

  • Key motivations for job changes include lack of purpose and progression in current roles

  • Employers are advised to provide clear career milestones, invest in early development, offer digital-first upskilling, and foster a sense of belonging

The Rapid Career Movement of Gen Z

More than half (52%) of Gen Z employees report that they are actively job hunting, and only 11% plan to stay in their current roles long term.

This willingness to look for new opportunities, according to new data from global HR company Randstad, serves as a warning for employers, who can consider several steps to redefine career paths and ensure workers feel they are progressing.

Quick Career Transitions

Many younger workers are also quick to cut ties. The average tenure for Gen Z workers shows them moving on faster from roles than older peers at the same point in their careers. Their average tenure stands at just 1.1 years in the first five years of their career, compared with 1.8 for Millennials, 2.8 for Gen X, and 2.9 for Baby Boomers at the same career point.

Motivations Behind the Moves

Some of the moves are about seeking new skills but are also a response to market changes. Randstad said that entry-level job postings have dropped 29 percentage points globally since January 2024. One-third of Gen Z workers plan to change jobs, and their main motivation is a lack of purpose and progression.

Randstad surveyed more than 11,000 workers in 15 countries and analysed 126 million global job postings.

Recommendations for Employers

In an article on the World Economic Forum’s website related to the data, Randstad’s CEO recommended four steps for employers to help meet talent ambitions:

Ensure Career Pathways Provide Milestones

Gen Z is seeking “a sense of forward momentum”. By providing career pathways that clearly mark progression and offer regular, tangible rewards, employers can inspire confidence that their organisation is a place in which Gen Z talent can develop for the future.

Invest in Early Development

Employers should make investments in entry-level roles and early-career development programmes. Taking steps to nurture talent now will ensure businesses can succeed in the future.

Future-Proof Learning

Gen Z workers have grown up with digital tools, but, in contrast to other demographics, they also make up the largest share of those worried about the impact of AI on their job (46%). Employers should provide practical, digital-first upskilling opportunities.

Create a Sense of Belonging

Gen Z workforces can have significant struggles with self-doubt, but creating a culture that boosts self-confidence can help lead younger talent through hardship.

Comments

0

Join Our Community

Sign up to share your thoughts, engage with others, and become part of our growing community.

No comments yet

Be the first to share your thoughts and start the conversation!

Newsletter

Subscribe our newsletter to receive our daily digested news

Join our newsletter and get the latest updates delivered straight to your inbox.

OR
JuniorRemoteJobs.com logo

JuniorRemoteJobs.com

Get JuniorRemoteJobs.com on your phone!