For a 20-something in the workforce, job-hopping is a norm — one LinkedIn survey indicates millennials do more job-hopping than any other generation, though it’s important to note the study only surveyed members of LinkedIn.
That number typically falls within five years, but professional services, government, non-profit, education, media and entertainment industries had the most job hoppers within five years of college graduation.
Older generations should probably check their comments about millennials job-hoppers and look deeper into the situation. Millennials shouldn’t apologize for their tendency to job hop, and here’s why.
Job-Hopping Millennials Offer Benefits to Employers While Being “Selfish”
Job-hopping is in, and being stuck in a dead-end job is on its way out — and that’s good for everyone.
Job-hopping millennials are more likely to earn a higher wage, develop their career on a faster track and find a better fit in work culture by changing jobs more frequently. The stigma is lessening as the positives are revealed.
One CareerBuilder survey shared employers expect 45% of their newly hired college grads would remain with the company for under two years, and the study showed that by age 35, about 25% of young employees would have worked five jobs.
Employers are aware they’re hiring job-hoppers as millennials find their footing in their career development, learning to make healthy choices rather than staying stuck and unmotivated in a job that’s not beneficial for either the employee or employer.
Traditional bonds have struggled to provide the stability investors expect, leaving advisors searching for alternatives. Innovator’s Defined Wealth Shield ETF (BALT) offers a compelling solution by combining equity market participation with a targeted 20% quarterly buffer. This structure and its built-in tax efficiencies aim to help advisor manage volatility and rethink the role of fixed income in modern portfolios.