Millennials are Most Likely to Switch Jobs…Survey Finds

  • Post Date: 12/02/2015

Today’s employees are ready to jump ship if the right opportunity arises, according to a survey released by Addison Group. The survey examined employees’ workplace preferences, career goals and professional values from each age group: Baby Boomers, Generation X and Millennials.

The survey found 37% of workers noted their resume is up to date. Millennials in particular keep the door open to new opportunities, with 44% claiming to keep their resumes current at all times.

The three generations examined value certain aspects of management styles over others; 28% of Millennials find it less important for managers to make time for them compared to 36% of Gen Xers and 41% of Boomers. Also, Millennials are less inclined to be concerned with their manager’s level of trust at 45%, an 11% decrease from last year’s survey, especially when compared to Baby Boomers at 55%. Boomers value honest feedback more heavily at 66%, compared to 55% of both Gen X and Millennials.

Regardless of generation, the survey found healthcare benefits led the pack as the most important benefit according to 70% of respondents followed by high salary at 59%.

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Other top work benefits include:

  • Vacation packages: 46%
  • Free meals, beverages and snacks: 42%
  • Tuition reimbursement: 32%
  • In building gym or free workout classes: 30%
  • The least important factors in respondent’s ideal company include:
  • Is socially responsible: 30%
  • Is a well-known company: 25%
  • Is transparent about revenue or HR decisions: 25%
  • Invests in passions or interests outside of work: 15%

The study was commissioned by Addison Group and executed by Survey Monkey.  It included 1,496 working Americans born between 1946 and 1995.

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