'New approach' | Two-thirds of Gen Z believe 'job-hopping' is vital for their career growth

Two-thirds (66%) of Gen Z believe that changing companies is the key to growing their career, prioritising skills development and new experiences over job loyalty, according to a new FDM Group study.

Factors such as the cost-of-living crisis were cited as a primary driver of career changes, with graduates often looking at moving jobs to climb the ladder and increase their salaries quickly. In total, Gen Z are 13% more likely than non-Gen Z to view their role as a stepping stone.

The findings were revealed in FDM Group’s Gen Z: Breaking generational stereotypes whitepaper, in which the FTSE firm surveyed 236 consultants split between Gen Z and non-Gen Z, with 1997 as the cut-off. Gen Z currently makes up 30 per cent of the world’s population and is expected to grow to 27 per cent of the global workforce by 2025.

Read more from us

From flatpack to flexibility | How IKEA stopped its staff from quitting and solved its turnover crisis

Developing skills, especially digital skills, was also viewed as a key driver behind job-hopping, and 80% of Gen Z claimed they would go into the office more for coaching, collaboration, mentoring and learning from others. Two-thirds of Gen Z expressed dissatisfaction with available learning resources, compared to 56%of non-Gen Z.