23% of workers under 42 show reduced loyalty, leading companies to adjust retention strategies.

A study by WorkProud found that 23% of workers under 42 are not committed to long-term company loyalty, with Gen Z and millennials showing a preference for job-hopping. This shift in workplace loyalty has led companies to reconsider their retention strategies, offering more competitive compensation and focusing on employee wellbeing, such as flexible work options, to retain talent. While job-hopping can result in better pay and career growth, it can also have negative implications on a candidate's professional reputation.

August 22, 2024
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