Study Shows Even "Loyal" Gen Z Workers Are Looking For A New Job

A recent study has shown that even "loyal" Gen Z workers actively seek new job opportunities. The study surveyed over 1,000 Gen Z workers across various industries and found that a majority of respondents (70%) reported that they were open to new job opportunities, despite being currently employed.

When it comes to Gen Z, the report found:

• 70% said they feel loyal to their employer…but are “still actively or passively seeking new jobs.”

• 45% said they have a side hustle

• 85% said they prefer hybrid or remote working styles

• They want to retire at 54, but they expect to retire at 60

The study's results indicate that Gen Z workers, who are currently between 18 and 25, are less loyal to their employers than previous generations. This is a significant shift from the past, where workers tended to stay with the same company for extended periods.

One of the main reasons cited by Gen Z workers for their willingness to leave their current job is a lack of growth opportunities. Many respondents reported that they felt their current position did not allow them to learn new skills or advance their careers. Additionally, a significant number of respondents (40%) reported wanting more than their current salary or benefits package.

Another factor that may be contributing to Gen Z workers' job-hopping tendencies is their desire for work-life balance. Many respondents reported that they were looking for a job that would allow them to have a better balance between their work and personal lives.

The study's findings have important implications for employers, as they suggest that companies will need to do more to retain Gen Z workers to avoid high turnover rates. Employers will need to provide Gen Z workers with clear career progression paths and competitive salary and benefits packages. Additionally, employers will need to create a flexible work environment that supports employees' personal lives.

The study shows that Gen Z workers are less loyal than previous generations and are more open to new job opportunities. Employers must adapt to this shift to retain Gen Z workers and avoid high turnover rates. This includes providing clear career progression paths, competitive salary and benefits packages, and a supportive work environment.