There is a trend emerging in today’s young Australians – changing jobs! A recent study by McCrindle showed that after leaving school the average Australian will have 17 employers from the age of 18 to retirement. That’s a whole heap of bosses!
This could essentially be 5 separate careers in an Australian’s lifetime, given that it usually takes working in around 3 jobs before upskilling or having a career change. Long gone are the days where you notice which career your skills suit and run with it until retirement. No, but rather our young Aussie’s today have more choice, more fluidity and more power in the workplace.
Today, the National average time spent in a position (i.e. 'tenure') across all age groups is 3 years and 4 months, so it seems that a ‘job-for-life’ may be a thing of the past, and job mobility is the new trend.
In 1975 Australians people aged 45 years onwards would typically stay in the same job for an average of 10 years, but today this number has almost halved and stands at 6 years 8 months. These were findings from the Department of Employment in their Household, Income, and Labour Dynamics in Australia (HILDA) report, which also uncovered that the average tenure for Under 25’s is a tiny 1 year 8 months.
Moving location, yo-yoing in and out of education, changing career, or upskilling, are some of several reasons that could explain why these days job change is riper than avocados. However, perhaps the real factor paving the way for this growing trend across Australia is increased flexibility in the workplace. Flexibility is fast becoming less of a perk and more of an ‘expected’.
What does this mean for employers?
Today Australian workers are more empowered than ever. Job opportunity is more appealable than job security, and flexibility and mobility are more important than stability and job loyalty. This means that employers will have to use a lot more than job salary and security to attract and keep top-quality employees.
McCrindle study http://mccrindle.com.au/the-mccrindle-blog/job-mobility-in-australia
HILDA report http://www.melbourneinstitute.com/downloads/hilda/annual_report/a_report_2013.pdf