Statistics show millennials are twice as likely to leave their jobs in search of better offers compared to their older counterparts.
While you’d think money would be the driving force in their decision to job hop, it turns out there are more pressing reasons why millennials have such a strong tendency to jump ship.
According to headhunting firm Randstad Malaysia, it’s because they’re looking for a fit that fulfils their personal career aspirations.
“When the millennials move, it is not so much that they are disloyal to companies or they are not prepared to stay for job security, but they are interested in career progression and looking forward in finding the best employers.Jaya Dass, Randstad Malaysia and Singapore managing director, via Malay Mail
Millennials fundamental motivation is survival, not just at work, but life outside the office too.
Which means that when looking for work, millennials prioritise flexible work arrangements which can improve work-life balance and boost productivity.
For them, job security isn’t the norm and will, in fact, become meaningless in the next five to 10 years as the era of digitalisation and automation takes place.
In terms of preferred industries, millennials favour oil and gas, transportation and logistics.
Guys. Ada vancancy baru ni. Tapi tak sempat lah buat poster.Harap boleh tafsirkan sendiri ok. We are looking for Executive…. pic.twitter.com/hiDSekpEff— Econsave (@econsavemy) July 1, 2019
BTW, based on Randstad’s Employer Brand Research, the 10 most attractive employers this year are:
- Shell Malaysia
- Nestlé (Malaysia) Bhd.
- Intel Malaysia Sdn Bhd
- Samsung Malaysia Electronics (SME) Sdn Bhd
- AirAsia Bhd
- IBM Malaysia Sdn Bhd
- Huawei Technologies (Malaysia) Sdn Bhd
- Sime Darby Bhd
- Sony EMCS (Malaysia) Sdn Bhd.
The companies were shortlisted from the 75 largest employers in Malaysia based on workforce size.
What do you think millennials? Are these reasons the same ones that caused you to quit your last job?