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If you want to maintain retention levels in your company, clasp onto your Gen Y employees tightly.
If a new report from Hudson is anything to go by, this generation is seeking new employment online most vigorously – more so than Baby Boomers and Gen Xers.
Hudson tracked real-time job seeking activities online of nearly 8,000 U.S.-based Fortune 100 generational employees and compared Q4 2014 job seeking activity levels by generation and seniority levels.
It generated a single metric for each respondent called a J-Score, which ranged from 4-70, with a score of “4” indicating the lowest level of job seeking behaviour and a score of “70” indicating the highest.
The report found Gen Y spent 100% of their time above the mean (10.32) J-Score for job hunter activity.
This was significantly higher than Gen X, who stood at 23.1% and Baby Boomers at 15.4%.
“If we simply compare by generation and by seniority level, the results align with the popularly held belief that the younger or more junior the person, the more likely they are to be job hunting,” the report stated.
Interestingly, the above trend continued when it came to analysing job seeking activity by seniority levels.
Gen Y employees regardless of rank were more likely to seek new employment when compared to Baby Boomers or Gen Xers of any rank.
The most active job seekers within Gen X belonged to those in middle management roles (38.5% of time spent above the mean J-Score level).
Amongst the Baby Boomers, entry-level candidates were the most active in searching for jobs online. (46.2% of time spent above the mean).
However, these most active Gen X and Baby Boomer groups still rated markedly lower than Gen Y middle managers, who displayed the least amount of job seeker activity (76.9%).
Overall, the most active groups were those Gen Y who were in entry-level, associate-level and upper-management roles. All these candidates spent 100% of Q4 2014 above the mean J-Score of 10.32.