Updated Sep 5, 2008 1:13 PM EDT
- The Find: A new study offers empirical support for the notion that Gen Y are a bunch of job hoppers: 70 percent of recent graduates failed to finish two years in their first job and 60 percent of young employees are currently looking for a new job.
- The Source: The "2008 Life After College Survey" from Experience, Inc.
When Team Taskmaster blogger CC Holland
posed the question "Would You Hire a Job Hopper?
" earlier this year, "all hell broke lose.
" The post racked up more than 100 comments, some passionately defending those suffering from career ADD and others denouncing with equal passion the flighty Gen Y workers most often accused of the crime. Obviously, feelings on the issue run high and a new survey of more than 300 Gen Y workers might help explain why. Some of the results:
- 70% of recent graduates reported they left their first job within two years
- 60% are currently looking for another job or career, despite the fact that 57% indicated that they are also happy at their current job
With that last statistic, one can understand employers' frustration. Gen Y is happy but still job hunting? How can a company hope to retain workers if even those that are pleased with their jobs perpetually have their noses stuck in the classified ads? Experience, a firm that provides career services for recent grads, has some suggestions for HR departments desperate to hang on their recently trained Gen Y workers:
- Manage expectations: be straight with Gen Y candidates and tell them what's it's really like to work at your company before they're hired.
- Direct communication: IM, text messaging and other interactive tools can help satisfy Gen Y workers who expect to be constantly plugged in.
- Lifestyle benefits: Wherever possible, allow Gen Y employees flexibility with physical attendance in the office and at meetings.
Sound advice, surely. But the question still remains...
The Question: Does the fact that 70 percent of Gen Y workers are job hunting, even though more than half claim to be happy at work, indicate something's amiss with the workplace expectations of younger employees?
(Image of Gen Y friendly job board by thomas pix, CC 2.0)
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