Sep 17, 2019

QoD: Match the percentages with the career behavior of millennials: 21%, 55%, 60%.

It's a bonus QoD day! Enjoy the two questions today. 

a) Are open to a new job opportunity

b) Changed jobs within the past year

c) Are not engaged in their  work

Answers: 

a) Are open to a new job opportunity (60%)

b) Changed jobs within the past year (21%)

c) Are not engaged in their work (55%)

Questions:

  • Which of these answers was most surprising to you?
  • What do you think makes work interesting or engaging for people?
  • Almost three times more people “are not engaged at work” compared to those who have changed jobs within the past year. Why do you think that most people who don’t enjoy their work stay at their jobs?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom

Behind the numbers (Gallup with hat tip to Morning Brew):

Millennials have a reputation for job-hopping. Unattached to organizations and institutions, people from this generation -- born between 1980 and 1996 -- are said to move freely from company to company, more so than any other generation.

The data support this. A recent Gallup report on the millennial generation reveals that 21% of millennials say they've changed jobs within the past year, which is more than three times the number of non-millennials who report the same. Gallup estimates that millennial turnover costs the U.S. economy $30.5 billion annually.

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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