Jobs and the Future of Work

Nearly a third of millennials plan to leave their company within a year. Here’s what employers can do about it

A man uses a laptop at a rest area in the Line Corp's headquarters in Tokyo, Japan June 2, 2016.

Social media could be a way for employers to reach out to millennials - one in three use it to find a job. Image: REUTERS/Toru Hanai

Rachel Hallett
Senior Writer, Forum Agenda
Our Impact
What's the World Economic Forum doing to accelerate action on Jobs and the Future of Work?
The Big Picture
Explore and monitor how Future of Work is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Future of Work

Almost a third (30%) of millennial workers see themselves working for less than a year at their current organization.

The majority (93%) are eager to learn about new job opportunities and 66% say they would talk to a recruiter, according to research by LinkedIn.

The survey of more than 13,300 millennials – the generation born between the early 80s and late 90s – uncovered some surprising insights about their attitudes to work and expectations of career development and the workplace.

Here are some highlights from the research:

Millennials seek new opportunities

The findings suggest millennials are not wedded to their current roles and are keen to explore other job opportunities.

Thirty-percent see themselves leaving their current company within a year, compared to 21% of generation X and 17% of baby boomers, who say they plan to stick around longer.

Image: LinkedIn

Millennials might not know the company

Almost a quarter (24%) of millennials who had heard about a job opportunity didn’t know anything about the company, compared to 18% of gen Xers and 16% of baby boomers.

And not knowing what the company is like is the biggest obstacle to millennials accepting a job offer, the survey found.

However, social media could be a way for employers to reach out to millennials, because one in three use it to find a job.

Millennials aren’t as purpose-driven as we might think

While other research suggests that millennials are attracted to employers with a clearly defined sense of purpose, LinkedIn’s survey indicates that purposeful work may not be so important to this cohort after all.

Just 30% of millennials believe that work should be purposeful, compared to almost half (48%) of boomers and 38% of gen Xers.

However, the first thing millennials want to know about companies are their ‘culture and values’.

So what do millennials really look for in a job? LinkedIn’s survey found that they are most likely to accept a new job because of better compensation and benefits. This means that things like flexible work schedules, free lunches and other perks are important.

The survey also suggests that employers can appeal to millennials by offering personal training, mentoring or even private career coaching, which will make young workers feel valued and build loyalty towards the company.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Jobs and the Future of WorkLeadership
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Improving workplace productivity requires a holistic approach to employee health and well-being

Susan Garfield, Ruma Bhargava and Eric Kostegan

May 30, 2024

About Us



Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2024 World Economic Forum