A report (the “Report”) published by a leading accountancy firm, has concluded that younger people within society are not motivated by the same things as “generation x” and the “baby boomers” were.
The Report, surveyed 8,000 “millennials” (those born between the early 80s and the year 2000) from 30 different countries which ranged from both emerging and developing markets. The Report has been monitoring millennial trends on the impact of businesses since 2013 and the response is relatively good news for employers.
The Report found that millennials feel more loyalty towards their employers than they did a year ago. Millennials; and in particular young professionals, previously struggled to visualise themselves staying with their current employer for the next two to five years. However, their vision has now increased beyond five years and many would be inclined to turn down freelance or consultancy based work.
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