Millennials willing to job hop despite risks

Fifty-three percent of millennials reported having already worked at three or more jobs, the survey said. Asked about plans for hanging on to their current jobs, 20 percent said they anticipated another move within a year or two.

Asked to identify the top reasons that would motivate a move, they had this to say:

• To pursue a completely different career path (37 percent);

• To take a job with a competitor (25 percent);

• To relocate to a different city (22 percent);

• To accommodate the relocation of a significant other (11 percent);

• To take time off for personal travel (5 percent)

Is job-hopping the new norm? More than half said it is, even though a third said they’d experienced negative fallouts from being a job-hopper, such as lower office morale when a top performer departed.

While the typical millennial is usually thought of as a white collar employee, a substantial number of those surveyed who were in white collar jobs said they would put on the blue suit in order to achieve greater flexibility and work/life balance (39 percent), for more money (35 percent), and “to pursue more fulfilling work in terms of company values and opportunities” (31 percent).