Thursday, September 29, 2011

No such thing as a 'job for life' for young people - and HR staff - according to Hyphen

The job for life is officially over, as more than a quarter of young workers (aged 16-34) – and a quarter of HR staff - say they want to change jobs between eight and twelve times during their working lives, according to recruiter Hyphen.
The poll of 1,000 employees shows by contrast, older age groups have more loyalty to their employers. A maximum of four jobs was ranked preferable by over a third of 45-54 year olds (39%) and the 55+ age group (34.4%).
HR, sales and marketing professionals will have the most diverse CVs when they retire, with approximately a quarter (25% and 24.4% respectively) looking to change jobs between eight and ten times.
Despite this, however, less than one in ten (8.6%) workers nationally expect to stay in one job for their whole careers.
Workers in the legal profession are the most settled, with over a fifth (20.8%) expecting to remain in one job throughout their working lives.
Zain Wadee, MD at Hyphen said: "Persistent economic volatility, combined with the end of final salary pensions, increased mobility of workforce and higher expectations of employers, means a new generation of footloose workers is entering the job market. Our research shows that it is time for employers to acknowledge the job for life is dead and turn their focus to engaging and retaining their employees.
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