Dive Brief:
- The Great Resignation is far from ebbing, a Lattice report suggests: 52% of respondents having worked for three months or less in their new role reported they are actively trying to leave their current company. Likewise, 59% of respondents who’ve worked in their role for three to six months reported they are actively trying to jump ship.
- The majority of the 2,000 U.S. survey respondents (74%) said they are open to new opportunities in the next six months to a year. This is a considerable jump from the number of respondents (47%) who told Lattice the same last fall.
- Breaking down the job search by generation, only 23% of baby boomers and 33% of Gen Xers are actively looking for a new role – compared to 60% of Gen Zers and 59% of younger millennials. Lattice reported older millennials searching at a rate of 41%.
Dive Insight:
The alarm bells that urge HR teams to bridge the gap with Gen Zers continue to sound. Beyond early attrition, Gen Z is unwilling to even onboard with companies that do not align with their values or satisfy their needs. For example, Lattice found that the older working generations are 25% more likely than Gen Zers to say compensation is an “extremely important” factor in whether they take a job.
The younger generation appears to have other priorities, with 44% of younger millennials viewing mentorship opportunities as extremely important (compared to 18% of boomers). Additionally, Gen Zers and millennials were twice as likely as boomers to tell Lattice that the lack of the sense of belonging was a key factor in their active job search.
Inclusion continues to be top of mind for young professionals: 82% of Gen Z workers surveyed by Washington State University's business school said diversity, equity and inclusion are a "must have" in the workplace.
WSU data also suggests the majority of Gen Zers care deeply about their employer’s ability to engage them: 74% of Gen Z employees cited “additional training opportunities” as a positive impact on their morale. Likewise, 92% of Gen Zers said their company caring about their well-being is “crucial.”
By many accounts, the latest generation consistently embodies the spirit of the Great Resignation. Gen Z’s resolute attitude appears to be here to stay and, as Lattice said in its report, “Companies have a very short amount of time to prove themselves to great talent.”
