Two years after the Great Resignation took over the jobs market, we may be getting a sequel. A new survey from Resume Builder finds nearly 3-in-10 full-time employees say they plan to quit their jobs before the end of the year. In all, 28% of the 1,000 workers surveyed said they were "somewhat" or "likely" to leave their job in 2024. The highest percentage of those "job jumpers" were service industry workers and those ages 18-34.
It's no surprise that younger workers are more likely to want out of their jobs. Many are in less-established careers and still more open to change in life. The top reasons given for wanting to quit were low pay, desire for more benefits, and wanting less stressful work. Those are some of the same factors that drove the Great Resignation, which was also dominated by younger workers demanding things like more time off and the ability to work remotely.
Ken Coleman, host and financial expert with Ramsey Solutions, recently told Fox News that businesses are going to have to change their approach to keep some of these Gen Z employees in the fold. "They've got to mentor and coach these young employees," he said. "It's not as simple as they just show up and know what to do."
"And that's on the parents, by the way, because we (the parents of Gen Z) have allowed this environment."
Coleman argued that, for better or worse, the younger generation has a different perspective on work and career. "I do think this generation has watched their parents and their grandparents work all the time and never turn it off, and that means working after hours...and I think because of that they're saying I don't want that life," he said.
"But the key here (for employers) is, you are going to have to coach these younger employees more than you have any previous generation."
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