It’s hard to say what is driving the increased mobility of the modern worker, but it’s a very real trend. Studies have shown:
- Millennials leave positions an average of every two years
- Regardless of age, average tenure for employees, is now just6 years according the US Bureau of Labor Statistics.
Some believe technology and social platforms are responsible. Clearly, talent is more accessible to competing employers and has more information about competing opportunities. According to CareerBuilder, 76% of full-time workers are either actively looking for a job or open to new opportunities and 48% of employers are unable to fill their job vacancies because of the skills gap and high attrition rates.
You can simultaneously combat shorter tenures and more competitive talent pool.
Make it your main 2017 resolution to create a culture that recognizes, rewards and fulfills your current workforce and provides a better work experience.