How long do millennials stay at a job?

The month of August saw a record number of employees in the United States abandon their employment, totaling 4.3 million. And it's quite probable that the majority of those persons were of a younger age.

According to the findings of a poll conducted by CareerBuilder, members of the Millennial and Gen Z generations remain in their occupations for noticeably less time than members of previous generations. The typical amount of time spent in a job by members of Gen Z (those aged 16–24) is two years and three months. According to CareerBuilder, the average number of years spent working for millennials (ages 25 to 40) is 2 years and 9 months, while Gen Xers (ages 41 to 56) worked for an average of 5 years and 2 months, and baby boomers (ages 57 to 75) worked for an average of 8 years and 3 months.

CareerBuilder evaluated the data included inside its users' internal resumes to establish their ages as well as the amount of time they had spent working in each position

According to the authors of a research published by CareerBuilder, "in the aftermath of the epidemic and months of uncertainty, young people are taking advantage of the fact that they are in demand as mid-level employees [and] fueling a country-wide departing spree."

While CareerBuilder did a comparison of the amount of time spent in a position by members of all the various generations, it is crucial to keep in mind that many members of Gen Z are still too young to have had had the chance to spend any time in a workplace.

According to Sara Skirboll, vice president of communications at CareerBuilder, there is a straightforward explanation for why members of Generation Z and millennials tend to stay in a job for less than three years.

According to Skirboll, "they're searching for the same things that everyone else is talking about - higher salary, better benefits, and more flexibility and, honestly, a lot of these millennials and younger generations are really simply reviewing what's most important to them." As part of the "you only live once" (YOLO) trend, which has gained traction in recent years, the experience of living during the epidemic has prompted many millennials to leave their professions in pursuit of new opportunities.

According to Skirboll, "Baby boomers are spending a little bit more than eight years in one position," and the difference between this generation and previous ones is that baby boomers cherish stability. They have a great commitment to their job.

A research published by Gallup in 2016 on millennials indicated that members of this generation switch jobs more often than members of other groups: According to Gallup's research, 21 percent of millennials have reported switching employment during the last year. This figure is more than three times higher than the number of non-millennials who reported the same thing.

Baby boomers "like to be loyal and they like to devote their time, and their energy, and their resources to one employer," said Skirboll. This is why baby boomers reach a stage in their careers where they are almost at the same company for close to ten years. Millennials, on the other hand, value flexibility and work-life balance.

Data was also provided by CareerBuilder regarding occupations in which workers have remained employed for the longest periods of time. These occupations include software developers (an average of 11 years and 1.5 months), truck drivers (an average of 8 years and 7 months), website managers (8 years and 4.5 months), and building superintendents (8 years).

Skirboll was quoted as saying, "These are fairly solid positions." "Most of the people who participate in them have a favorable opinion of them. They like the variety of options."

According to Skirboll, employers that are interested in maintaining their workers should pay attention to the situations of their employees.

"I usually advocate that businesses be polling their staff on a relatively frequent basis," said Skirboll. "It's a great method to gauge morale and engagement." We are now in the midst of a pandemic on a worldwide scale. [They should be] checking in and knowing how [workers are] feeling, what they're thinking, and what's going on at home is really, very essential to make sure that you're giving the greatest climate for them to come, learn, do a fantastic job, and feel good about what they're doing."