[US] High rate of ‘job-hopping’ among Gen Z employees

New research has discovered that young workers are particularly likely to quit their jobs as a means to get ahead early in their careers with a significant majority ‘job-hopping’ their way to progress, MSN reports.

A report from ResumeLab found that 83 per cent of its young respondents were job-hoppers and now new research has revealed that staying loyal to one boss and one company doesn’t always lead to success. 

In an analysis of 2023 payroll data and the recent job history of more than 51 million workers, ADP found that a massive 75 per cent of workers leave their employer before ever getting promoted.

Those who don’t quit will reportedly face poor odds with less than 1 per cent of those who stay seeing promotion by their third year.

Traditionally, workers remained at one job for a long period, with the incentive of steady progress up the corporate ladder and an eventual pension. Today, however as such benefits wane and pay rises and promotions grow scarcer, many employees have no choice but to leave if they want to ascend that ladder.

Source: MSN

(Links via original reporting)

New research has discovered that young workers are particularly likely to quit their jobs as a means to get ahead early in their careers with a significant majority ‘job-hopping’ their way to progress, MSN reports.

A report from ResumeLab found that 83 per cent of its young respondents were job-hoppers and now new research has revealed that staying loyal to one boss and one company doesn’t always lead to success. 

In an analysis of 2023 payroll data and the recent job history of more than 51 million workers, ADP found that a massive 75 per cent of workers leave their employer before ever getting promoted.

Those who don’t quit will reportedly face poor odds with less than 1 per cent of those who stay seeing promotion by their third year.

Traditionally, workers remained at one job for a long period, with the incentive of steady progress up the corporate ladder and an eventual pension. Today, however as such benefits wane and pay rises and promotions grow scarcer, many employees have no choice but to leave if they want to ascend that ladder.

Source: MSN

(Links via original reporting)