Quick question.
Are you the kind of person to stay loyal to the company your whole life?
If you answered yes, you may be in the minority.
“Half of millennials — compared with 60% of non-millennials — strongly agree that they plan to be working at their company one year from now. For businesses, this suggests that half of their millennial workforce doesn’t see a future with them.” – (Gallup Study on Millennial Job Hopping)
The trend doesn’t stop with just millennials. Generation Z is joining in on the action as well.
“To start with, Gen Z is the most restless. Some 25% of respondents say they hope or plan to leave their current employers within the next six months. That compares with 23% of millennials (born between 1981 and 1996), 18% of Gen X (born between 1965 and 1980), and just 12% of baby boomers (born between 1946 and 1964). “ – LinkedIn
So what’s with job-hopping, what does it mean and should you job-hop when you have the opportunity to?
What is Job-Hopping?
Job-hopping refers to the practice of moving from one job to another within a relatively short time, usually for one to two years. It is usually not recommended to job-hop every few months, as it’s an indication of a lack of commitment or ability.
Why Job-Hop And for What Reason?
People job-hop for a variety of reasons. According to the LinkedIn Workforce Confidence Index research, the most commonly cited reasons for job-hopping are:
- Better alignment with my interests or values
- More opportunities to learn/practice new skills or expertise
- Better compensation or benefits
- Desire to pursue a new job industry or job function
- More opportunities to move up or increase responsibilities
Do any of the following resonate with you? If so, you may be a prime candidate for job-hopping in the next year or two.
Photo – Bigstock
