BountyJobs Bites
Millennials and Gen Z Staying Put
The Numbers:
- Millennials plan to stay in their jobs for 10 years while Gen Zers plan to stick around for 6 years
- 62% of millennials report having direct reports, 49% of Gen Zers report the same
- 65% of Gen Zers and 73% of millennials feel their job is a ‘major component of their personal identity’
- Source: Zapier
One in Six Staffers are Gig Workers at Enterprise Firms
The Numbers:
- 4% of the workforce at enterprise firms in 2019 were gig workers – about one in six workers
- This is up from 14.2% in 2010
- Source:
- ADP Research Institute
Nurse Practitioner Workforce Sees Dramatic Increase
The Numbers:
- Within a seven-year span, the nurse practitioner workforce has more than doubled
- The number of nurse care practitioners in 2010 was 91,000 and grew to 190,000 in 2017
- Source: Modern Healthcare
BountyJobs Reports – Year in Review: Talent Acquisition in 2019 and the 2020 Impact
The Numbers:
- A whopping 43% of professionals plan to look for a new job over the next 12 months
- The majority of employers, 61%, planned to raise wages in 2019, which was up from 48% in 2018. What’s in store for 2020?
- Manufacturing saw consecutive increases in employment for over 18 straight months, the longest stretch since the mid-1990s. However, around 90% of manufacturing
companies couldn’t fill all of their open roles.
‘Ghosting’ Popular Tactic for Gen Z, Millennials
The Numbers:
- 50% of Gen Zers and Millennials said they have ‘ghosted’ a potential employer if they snagged higher pay elsewhere
- 60% of Gen Z and millennials reported they have ‘leveraged a potential job offer as a negotiation tactic for a higher salary at their current companies’
- 48% of Gen Xers and 29% of baby boomers have said the same
- Source: Randstad
Hiring Managers Value Skills Over Degrees
The Numbers:
- Hiring decision-makers responding to a recent poll felt that skills rank above degrees and job requirements needs to follow suit
- 41% stated retaining more talent as their top goal in 2020
- Recruiting top talent came in second at 35%
- Reducing time to hire ranked third at 26%
- Source: U.S. Chamber of Commerce Foundation
Gig Work Could be Good Workforce Re-Entry Strategy
The Numbers:
- 77% of workers stated it would be a challenge to find work if they took two years off from their career
- 47% said contingent/gig work is a good way to return to the workforce and to learn new skills
- Source: Rose International