“Individuals in this age group are often in the early stages of their careers, where gaining experience and building a professional foundation is a priority,” the report stated. “They may prefer stability to develop skills, gain valuable experience and build their professional portfolio.”
On the other hand, employees aged between 30 and 34 years as well as those with one to five years of service have the highest likelihood of finding a new job.
“These employees are in a phase of career transition, seeking new opportunities for advancement, better compensation, or a change in career path,” the report stated.
Fair compensation as top driver
Fair compensation emerged as the top factor that influences employees on whether to stay with an organisation, according to the report.
It has been consistently cited as the top driver across all generations, from Gen Zs, Millennials, and Generation X.