Gen Z is the job-hopping generation, even for those with master’s degrees

 

By Emily Price

When it comes to their jobs, Gen Z workers aren’t planning on sticking around for long. A huge majority, or 83%, of Gen Z workers consider themselves “job hoppers,” according to the results of a survey released by ResumeLab today. Perhaps more surprising: A lot of those job hoppers are workers with master’s degrees.

The survey found that 92% of master’s-degree holders consider themselves job hoppers; but interestingly, 77% of folks with no degrees also consider themselves job hoppers.

The group surveyed 1,100 workers belonging to Gen Z, defined as the generation born between the mid-1990s and early 2010s.

While those workers aren’t planning to stick around in the same jobs for long, they do intend to spend at least a couple of years in each position. The survey found that 78% of Gen Z workers plan to spend somewhere between two and five years with their current employers. The majority of those respondents, 43%, plan to stay put for just two years; 22% of workers are willing to stick it out for three years; and a mere 13% plan to stick around for four years or more.

While the majority of Gen Z workers might be thinking about their exit plans, the survey also noted that many of those same workers are still relatively early in their careers.

A third, or 33%, of Gen Z workers surveyed had only had one job, while 34% had already held two positions. Only 1% of respondents had worked five or more jobs thus far in their careers. That said, among those already in the workforce, only 16% of master’s-degree holders had only had one job, strengthening the idea that the group is more likely to move around. In contrast, 41% of Gen Z workers with only bachelor’s degrees had only had one position thus far.

While moving around suggests that workers aren’t connected to the companies they work for, the opposite appears to be true.

 

An astounding 97% of Gen Z respondents say that work is part of their identity. So what’s making them leave? It’s not money: While 70% of respondents say that a competitive salary is important to them, several other factors rank much higher for the age group.

The most important thing to Gen Z, according to the survey, is a healthy work-life balance, with 73% of respondents saying that balance is more important to them than a high salary. Satisfying job duties and a good relationship with coworkers are also both more important than salary for 72% of workers, and 70% of workers care more about having a meaningful job and career development than having a big paycheck.

The top reasons Gen Z workers leave their positions: working too much overtime; a clash of values with their employers; and feeling unhappy because of their jobs; while 75% of workers would be willing to leave their positions even if they didn’t have other jobs waiting for them. As for what you can do to help Get Z workers stick around? Flexible work schedules, healthcare packages, and regular pay raises top the list of what Gen Z workers are looking for—but still, don’t expect those workers to stick around forever.

Fast Company

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