Twenty-eight percent of millennials plan to seek work through LinkedIn, according to a report by I Love Rewards and Experience Inc. The previous year, that number was 7%. The same proportion of respondents — 28% — plan to find work via newspaper ads, but that figure was 34% last year.
The survey is based on a February poll of 8,088 respondents, 73% of whom will be graduating and looking for full-time employment in two years.
The chart below shows how respondents plan to apply to jobs.
The report also found that millenials about to hit the workforce don't care what size company they work for and that 64% of them plan to stay at their new job for two to five years. Another 24.1% say they plan to stay with t heir employer for more than 10 years. However, the average tenure for millennials is actually 1.5 years, according to the Department of Labor.
To Razor Suleman, CEO and founder of I Love Rewards, this discrepancy represents a huge opportunity for companies to try to make those new employees happy. "You leave 3.5 years on the table," he says, "and you spend the first six to 12 months just showing them the ropes." Suleman also suggests that companies put energy into improving their image among millenials so that they’ll want to work there. "The hunted are now the hunters," Suleman says. "The top engineers know where they want to work and they're finding you."
Image courtesy of iStockphoto, annestahl
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