Millennials quit their jobs three times as often as their older peers. That's a fun fact recently unearthed by business strategy platform Visier, in a new research paper about retaining the largest generational cohort in the workplace. Those born in the 1980s may be the most financially disadvantaged when it comes to long-term wealth, but at least we're better at seeking out the right opportunities.
Part of that comes down to worker confidence. About 3 out of every 5 workers believe they could land a similar or better job within a few weeks or months if they quit; that number among millennials is 66 percent. According to analysts at the Motley Fool, we're leaving stagnant jobs for two main reasons. One is lack of promotion — if there's no room to grow, it's natural to seek greener pastures. The other, however, is a bit more nebulous.
One research firm found that the No. 1 reason millennials quit their job is a poor fit with the office culture. This isn't just about wanting free snacks or a sweet lounge area. Workplace flexibility is one of our top concerns. We also want to thrive at our jobs. Millennials prefer their work to happen in a space of authenticity, competence, and belonging. With reports like Visier's, companies are starting to recognize that the cost-saving measure of retaining talent is going to take a lot more than offering bonuses (although let's be real, that will always help too).
In the meantime, recognize that you're not trapped just because your job feels safe or reliable. Looking for a new job while you're employed gives you a huge advantage. If you're thinking of taking on another challenge, don't feel like it's weird to walk away for something better.