Job-hopping was once looked down upon and considered a trait of poor work-ethic. It was common for employers to retain a single employee for upwards of five years, if not longer in exchange for job security and advancement opportunities. In the last decade, we’ve seen this model completely disintegrate. Why?
Several factors are contributing to high employee turnover, but if you remove older generations, it becomes obvious why millennials and generation Z are job-hopping. Shifts in interest, company morales, work-life balance, high pay, and increased training and advancement opportunities all play a part. We did some digging to see exactly how each of these factors affects millennial and Gen Z employee retention.
Millennials and Gen Z job hop for the money