With record-low unemployment rates and a Millenial employee mindset of "not here for long," small businesses are facing ever-increasing problems finding, hiring, and retaining good workers. Not only are fewer good workers available for small businesses to hire (since larger numbers of them prefer working for larger companies with higher salaries, better benefits, and more career path opportunities), but research is showing that Millenials, unlike previous generations, often see first jobs as "steppingstones" to other jobs in other companies, rather than as first steps in their careers with the same organization.
According to a new survey, "Millenial Outlook Survey," released by RecruitFi (www.recruitfi.com), 83 percent of Millenials acknowledged that job-hopping on their resume may be seen as a negative by prospective employers. However, 86 percent of them said that this potential problem would not prevent them from pursuing their professional and/or personal passions by seeking new jobs.
According to the survey, a number of employers experience negative implications of this constant job-hopping by employees. In fact, 34 percent of employers said one impact of job-hopping by Millenials has been reduced morale among current employees, and 22 percent said that the job-hopping has had repercussions for their customers and clients.
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