There was a time when it was considered normal and appropriate for employees to stay with their companies for many years. In fact, multiple jobs and employers on your resume were considered red flags and raised concerns on the part of hirers. Today, job hopping is more the norm that an outlier:
- It’s increasingly common for workers to leave after as little as a year.
- Younger workers are more likely to hop. In one survey, 25% of Gen Zers and 23% of Millennials said they were thinking about leaving their employer within the next 2 months.
- Job hopping may give employers access to a larger pool of experienced workers. However, they will have to figure out how to keep them from jumping again.
- To prevent job hopping, remember the loyalty is a two-way street. Promoting from within, offering regular wage increases/bonuses, and implementing pathways to advancement are all ways to increase worker loyalty. At the same time, employees consistently say they want workplace cultures where they feel respected and valued and a work-life balance is encouraged.