Express Employment Professionals, the nation’s largest franchised staffing firm, released survey findings that reveal how long recent college graduates stay in their first job after graduation.
More than three-quarters, 77% of franchises surveyed in the U.S. and Canada, said they expect a recent graduate to stay less than a year in his or her first job. In he U.S., only 23% think the average graduate stays for more than a year, while in Canada, the number drops to 22%.
Findings come from the 2014 editions of the “America Employed” and “Canada Employed” surveys of Express franchises across the U.S. and Canada. Respondents were asked to say how long “the average graduate” will “stay in their first career job following graduation.” Full results are below.
“These survey results bring to mind a couple of trends that we’ve seen for years now. First, many in the Millennial generation are taking jobs that they are over-qualified for and thus are eager to move on when something better appears. Second, we’ve seen a decrease in employees’ commitment to employers as a higher value is placed on personal advancement,” said Bob Funk, CEO of Express, and a former chairman of the Federal Reserve Bank of Kansas City.
“If employers want recent grads to stay on board long-term, they’re going to have to find ways to make their companies more attractive. It’s true that the ’grass isn’t always greener,’ but this generation seems plenty willing to go check out the grass on the other side. Employers, take note!”
In your opinion, how long does the average recent college graduate (graduating within the last 18 months) stay in their first career job following graduation?
U.S. Canada
Less than 3 months 4% 11%
3 to 6 months 10% 22%
7 months to 1 year 63% 44%
More than 1 year 23% 22%
For more information about the state of employment – and unemployment – in your country, visit ExpressPros.com/AmericaEmployed or ExpressPros.com/CanadaEmployed.
How does this trend line up with what you’re seeing in your company today? Are Millennials more prone to job hop than other generations? Let us know in the comments section below!
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