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Whether it’s due to a short attention span or poor working conditions, the Millennial generation overwhelmingly is saying adiós rather quickly to so-called dream jobs.
Forbes says 60 percent of millennials are leaving their jobs in less than three years; and these were jobs that they put in several years of work and school to attain.
Reports and studies seem to indicate three roots to Millennials’ discontent and the resulting upheaval: The drives for flexibility, purposeful labor and economic security.
Many millennials are turning to freelance work and self-employment rather than sticking around in a “traditional workplace.” Finding a workplace culture in which they fit also means a lot to millennials.
Millennials increasingly require some aspect of personal fulfillment from their jobs, and are willing to walk if they do not find it.
The unemployment rate for 20- to 24-year-olds currently hovers around 13 percent, according to Forbes. MillennialBranding.com also says many companies report a cost of $15,000 to $25,000 to replace each millennial that leaves the job.
So, is it the millennials’ attitudes toward work that need to change, or do workplaces need adjust to culture shifts that have taken place?
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