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HireRight prepared these materials for informational purposes only. These materials are not intended to be comprehensive and are not a substitute for, and should not be construed as, legal advice. HireRight does not warrant any
statements in these materials. Employers should direct to their own experienced legal counsel questions involving their organization’s compliance with or interpretation or application of laws or regulations and any additional legal
requirements that may apply.
Copyright © 2005-2015 HireRight, LLC. All Rights Reserved
•	Compensate fairly  competitively
•	Ensure a good work/life balance
•	Provide opportunities to continually learn 	
and contribute to meaningful projects
•	Offer flextime  telecommuting
•	Provide real-time feedback on performance
•	Conduct “stay interviews”
•	Empower the best and brightest
•	Create a talent pool of qualified candidates
Millennials are twice as likely as 30-somethings to leave a job
after just three years — and this gap only widens with age.
Every 1-3 years
Every 1-5 years
18-29
Software/
Technology
Services
Retail
Healthcare
Finance/
Accounting/
Insurance
30-39 40-54 55+
How frequently
do you change jobs?1
36%
50%
37% 37%
16%
41%
9% 5%
36%
32%
of millennials surveyed say that job hopping
would not prevent them from pursuing their
professional or personal passions.3
When asked for the main reason they would leave their
company, millennials responded saying they would:
leave to pursue a
completely different
career path
3	RecruitFi’s Millennial Outlook
Survey of 1000 U.S. full-time
millennial employees
2	Jobvite’s “2015 Job Seeker
Nation: Inside the Mind of
the Modern Job Seeker”
1	Jobvite’s “2015 Job Seeker Nation:
Inside the Mind of the Modern
Job Seeker”
take a job
with a
competitor
and/or relocate
to try living in a
different city
86%86%
During the course
of their professional
careers,
of millennials
surveyed have held
three or more jobs.
Younger job seekers in particular consider their positions
temporary growth opportunities.
How would you
describe your position at
your current job?2
Stepping
Stone
Entry
Level
Education
Tips to keep
millennials onboard...
but be prepared
for churn:
53%53%
50% of employed job seekers see 	
their current position as a placeholder.
37% 25% 22%
No company is exempt from restless 	
employees eager for a better opportunity.
PREPARING
MILLENNIAL
EMPLOYEE CHURN
PREPARING
for MILLENNIAL
EMPLOYEE CHURN
Retaining the largest generation in the workforce...
and being prepared for when they move on.
18-29
18-29
40-54
40-54
30-39
30-39
55+
55+
22%
28%
39%
24%
25%
41%
16% 8%
32%
12%

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Preparing for Millennial Employee Churn

  • 1. HireRight prepared these materials for informational purposes only. These materials are not intended to be comprehensive and are not a substitute for, and should not be construed as, legal advice. HireRight does not warrant any statements in these materials. Employers should direct to their own experienced legal counsel questions involving their organization’s compliance with or interpretation or application of laws or regulations and any additional legal requirements that may apply. Copyright © 2005-2015 HireRight, LLC. All Rights Reserved • Compensate fairly competitively • Ensure a good work/life balance • Provide opportunities to continually learn and contribute to meaningful projects • Offer flextime telecommuting • Provide real-time feedback on performance • Conduct “stay interviews” • Empower the best and brightest • Create a talent pool of qualified candidates Millennials are twice as likely as 30-somethings to leave a job after just three years — and this gap only widens with age. Every 1-3 years Every 1-5 years 18-29 Software/ Technology Services Retail Healthcare Finance/ Accounting/ Insurance 30-39 40-54 55+ How frequently do you change jobs?1 36% 50% 37% 37% 16% 41% 9% 5% 36% 32% of millennials surveyed say that job hopping would not prevent them from pursuing their professional or personal passions.3 When asked for the main reason they would leave their company, millennials responded saying they would: leave to pursue a completely different career path 3 RecruitFi’s Millennial Outlook Survey of 1000 U.S. full-time millennial employees 2 Jobvite’s “2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker” 1 Jobvite’s “2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker” take a job with a competitor and/or relocate to try living in a different city 86%86% During the course of their professional careers, of millennials surveyed have held three or more jobs. Younger job seekers in particular consider their positions temporary growth opportunities. How would you describe your position at your current job?2 Stepping Stone Entry Level Education Tips to keep millennials onboard... but be prepared for churn: 53%53% 50% of employed job seekers see their current position as a placeholder. 37% 25% 22% No company is exempt from restless employees eager for a better opportunity. PREPARING MILLENNIAL EMPLOYEE CHURN PREPARING for MILLENNIAL EMPLOYEE CHURN Retaining the largest generation in the workforce... and being prepared for when they move on. 18-29 18-29 40-54 40-54 30-39 30-39 55+ 55+ 22% 28% 39% 24% 25% 41% 16% 8% 32% 12%