Younger workers are re-inventing the conventional notion of employment, according to a survey by Deloitte of 10,455 millennials and 1,844 Gen Z respondents across 36 countries. Among millennials, 43% envision leaving their jobs within two years; only 28% seek to stay beyond five years. Employed Gen Z respondents (those following millennials into the workplace) express even less loyalty, with 61% saying they would leave within two years.
- Respondents are disappointed that business leaders’ priorities don’t seem to align with their own. According to Deloitte, a majority of millennials in every market agrees with the statement that corporations "have no ambition beyond wanting to make money."
- Among those millennials who would quit their jobs, 62% regard the gig economy as a viable alternative.
- Seven in 10 millennials who are members of senior management teams or on boards would consider taking on short-term contracts or freelance work as an alternative to full-time employment.