Millennials show less commitment to employers

You’ve no doubt heard that millennials feel less connected to institutions than their forebears did or do.

We know, for example, millennials are more likely to be politically independent and feel less attached to government institutions and, yes, corporations.

Now, a survey by Gallup has found that the majority of younger workers are much more willing to switch jobs than their older counterparts.

Sixty percent of millennials told Gallup they were open to new job opportunities outside of their current workplace and 21 percent have changed jobs in the past year. On the other hand, only 45 percent of workers of all other ages say they would consider changing jobs.

Why is this significant? Well, no one likes turnover, right?

The same study revealed that millennials are also less enthusiastic about their work life. Only 29 percent of workers in that generation was found to be “engaged” at the workplace, although that is only slightly lower than the 32 percent of Gen Xers and 33 percent of baby boomers.

The Gallup survey also offered a few insights into how to improve engagement among young employees.

Among them: Millennial workers who were able to meet with a manager once a week were far more likely to be deemed engaged (44 percent vs. 20 percent).

Past polls have shown that millennials are far more inclined to stay with a company that articulates a mission that they believe in.

About the Author

Will Temby

Will has enjoyed a 20-year career in leadership positions in the hospitality and travel industry throughout the U.S. with the Hyatt, Sheraton, Hilton, Renaissance and Steamboat Ski and Resort corporations. Will received a Bachelor of Science degree from the University of Massachusetts at Amherst. From 2000-2007, he served as President and CEO of the Greater Colorado Springs Chamber of Commerce. He also served as Vice President-Special Projects for the University of Colorado Foundation from 2007 to 2009. Will is a past Chair of the Board of Directors of the National Homeland Defense Foundation and former member of the United States Chamber of Commerce Committee of 100. He is married to Nan, has five wonderful children, and enjoys coaching, traveling, hiking, golfing and skiing.

Show Buttons
Hide Buttons