The optimism of younger workers—both Millennials and Generation Z—is in steep decline. The Deloitte Global Millennial Survey 2019 reveals a growing sense of “uneasiness and pessimism” amongst the younger generations, who are desperately searching for “safe havens” and “beacons of trust.”
reveals a growing sense of “uneasiness and pessimism” amongst the younger generations, who are desperately searching for “safe havens” and “beacons of trust.”
Younger workers are using their mobility as leverage in the workplace. A staggering 49% of Millennials surveyed said they would, if they had a choice, quit their current job in the next two years—up from 38% in the 2017 survey. That reality represents a stiff challenge to companies seeking a stable workforce.
The flip side is that companies that do invest heavily in their employees’ professional development will stand out more than ever. Alast year found that 94% of employees would stay longer at a company if it invested in their career. However, according to Deloitte, only one in five younger workers are confident they have the skills and knowledge necessary for a rapidly changing economy. That unmet need is an enormous opportunity for companies willing to step up.
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