Recruiters refer to candidates who jump ship from job to job within two years as job hoppers but according to a recent report, millennials are just the new normal.
That is, according to a study conducted by PayScale and Millennial Branding, 18 to 30-year olds in the job market switch employers every two years. In comparison, baby boomers typically spend about seven years with an employer whereas Gen X-ers typically spend around five.
And it sounds like millennials prefer to work at shops with less than 100 colleagues since 47 percent of this population is employed by small companies. In fact, less than twenty-five percent are employed by companies where head count exceeds 1,500.
As for the skill set, here’s good news for us media folks! As per the study, the most commonly reported job skills for Gen Y-ers included blogging, writing press releases, and social media optimization. Oh yeah, they were also into tableau software and polymerase chain reaction (PCR) analysis. (Don’t worry, we didn’t know what PCR is either so we had to look it up.) Apparently, it’s related to biochemical technology within molecular biology.
Katie Bardaro, lead economist for PayScale, explained in the press release, “Millenials are arming themselves with skills and educational training focused in technology and social media, two areas with great growth potential.”