>>By the Numbers February 7, 2020

By the Numbers February 7, 2020

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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
By |2020-02-06T22:19:43+00:00February 7th, 2020|Categories: Uncategorized|Comments Off on By the Numbers February 7, 2020

About the Author:

Erin Geiger is a seasoned Content, Editorial, and Product Engagement professional with two decades of experience creating content as well as overall content direction and strategy. Her background stems from a variety of online verticals ranging from start-ups to Fortune 500 corporations.