It sounds too harsh to judge that millennials are job hoppers. I think this kind of view comes from the typical stereotype toward millennials. However, it could not also be debunked as entirely false.
Gallup data reports that:
About 60% of Millennials are currently open to a new job opportunity and are by far the most likely generation to switch jobs. To support that, 21% of Millennials in 2016 reported switching jobs within the past year, compared to roughly 7% of Gen Xers and other non-Millennials.
Gallup also accuses the Millennial generation’s excessive job-hopping of costing the United States economy more than $30 billion a year.
Quite interesting. Analyzing the data, it seemed supporting to the claim that millennials are indeed job-hoppers. Even costing the government. Do you think millennials do this intentionally?
Pew Research center reports that:
Millennial workers, those ages 18 to 35, are just as likely to stick with their employers as their older counterparts in Generation X were when they were young adults.
In January 2016, 63.4% of employed Millennials, the generation born between 1981 and 1998, reported that they had worked for their current employer at least 13 months. Looking at young workers with longer tenures, 22% of Millennial workers had been with their employer for at least five years as of 2016, similar to the share of Gen X workers (21.8%) in 2000.
Millennials do stick with their employer with longer tenure. Although, it is unavoidable or undeniable that they search for a greener pasture that they transfer from one job to another. Remember to have a high paying career is one of the Top 8 priorities of a millennial.
Two reasons seemed influential to the millennials longer tenure with their employer. One, most of the millennials do have a related high level of education. It could be translated that millennials have a good position. Two, millennials stay with their employer taking the opportunities while waiting to have a better job with different employer.
Thus, I would agree to what the Pew Research said;
“Job-hopping Millennial” characterization does not fit the broad Millennial workforce.
Millennials are hardworking and committed generation. Like other generation, they search for a greener pasture. Job-hopping does happen. However, it is not done for the sake of fun. Millennials do have a life to live, dreams to achieve and priorities to fulfill.