And while the desire to act on their priorities is stronger with this generation, they don’t always do it. Now, job-hopping is one of many things that’s been discussed about Gen Z workers-whether it’s their ambition or their shrinking attention span or the need for work-life balance. In other words, the convulsions of the 1990s were obvious by the next decade, but Gen Xers may not have gotten credit as the original job-hopping generation, making Gen Z the third line of “generation quit.” Even though millennials earned a reputation as the job-hopping generation that killed worker loyalty, Pew Research Center found in 2017 that Gen Xers had been just as likely to hop around when they were young adults. To be sure, younger workers have always been more inclined to switch jobs. The 26-year-old, who has switched jobs four times since graduating university in 2017, told Fortune that the younger generation is jaded by what they’ve seen: “While their parents may have demonstrated admirable work ethic and loyalty, they often didn’t have much to show for it in terms of personal fulfillment and financial stability.” Leigh, a data scientist and personal finance content creator, who requested anonymity for safety purposes, said that Gen Zers have grown up observing how being employed in the same job for years impacted their parents. So millennials responded in kind.ĭata bears this out research firm Gallup found that in 2016, 21% of millennials said they wanted to switch jobs, three times higher than non-millennials at the time. The era of mass layoffs truly began in the 1970s, but the battle scars of the Great Recession in 2008 were kindling on a bonfire. By the time millennials entered the workforce in the 21st century-around the same time as another late-’90s policy revolution took place, China’s entrance into the World Trade Organization-the middle class was in the grips of decline and companies were rapidly losing loyalty to workers. Ennui about work surfaced in pop culture, memorably in the Gen X workplace classic Office Space. In retrospect, perhaps a slight change was notable in the Gen X era of the 1990s, when major shifts got underway, particularly the signing of NAFTA, which led to massive job losses, especially in manufacturing. Although countless changes hit the economy and the workforce in ensuing decades-from the “ Great Inflation” of the 1970s through the “ Masters of the Universe” 1980s turbocharged by finance-the idea of staying loyal to one’s employer never quite wavered. Organization men appeared throughout pop culture, for instance memorably in Billy Wilder’s 1960 classic The Apartment. It covered the midcentury mentality of loyalty to one’s company for one’s entire career, especially at the managerial level. Millennials were the first to earn the title of “ job-hoppers”-referring to workers who are not held back by employer loyalty and prefer to move around more often than their older counterparts.Īt one point, changing jobs regularly was an unusual concept, as reported by Fortune all the way back in 1953 with “ The Transients,” a feature story that became a best-selling book called The Organization Man by former editor William H. “Whether or not they actually follow through and quit their jobs is another question,” he added, “but they are certainly considering it.” “The data is showing us that the Gen Zs are considering this more,” Abbatiello said. Abbatiello says the new findings show a generational shift is underway. Even the professor who coined the term predicted it would end this year. After surging in 2021, quit rates fell last month back down to pre-pandemic levels of 2.4% across industries, pointing to an end of the so-called Great Resignation. When the Great Resignation first kicked off, Zippia, a recruitment and job insights platform, found that a bulk of those who quit were in the 18-to-29 age bracket, which includes a mix of old Gen Zers and young millennials. The common reason cited by 44% of the workers considering quitting their jobs is overwork.Īnthony Abbatiello, partner and workforce transformation practice lead at PwC, told Fortune that there’s a shift underway: “I think what we saw at the beginning of the Great Resignation, I would say we saw more by industry or role.” Quitting was more about the type of work being done instead of a generational attitude, he said. Gen Z workers, aged between 18 and 26, make up about 35% of those wanting to quit, while millennials (aged 27 to 42) are another 31%. A survey by PwC, one of the “Big Four” consulting firms that periodically weighs in on all things workplace- and future-of-work-related, found that a quarter of employees globally want to shift jobs in the next 12 months.
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