What'll stop Gen Z, millennials from quitting, according to Microsoft – CNBC

Organizations and business leaders need to think about using learning as a retention lever. Because if people are learning and growing, let’s face it — they’ll stay.Colette StallbaumerGM, Microsoft 365 and Future of WorkEarlier this year, Microsoft found that 52% of young people polled, namely Gen Z and millennial workers, said they were likely to consider changing employers this year.But for companies hoping to retain these employees, not all hope is lost. According to Microsoft, 73% of Gen Z and Millennials said they would stay longer at their jobs if it’s easier to change roles internally. Younger workers are also more likely to stay if their companies give them the flexibility to pursue “side hustles” or businesses for additional income, said Microsoft. Microsoft defines Gen Z as those who are between the ages of 18 and 26, and millennials as those between 27 and 41.”With the Great Reshuffle, companies have been trying to hang on to the people that they have,” Colette Stallbaumer, the general manager for Microsoft 365 and “future of work,” told CNBC Make It in a virtual interview. The Great Resignation — also known as the “Great Reshuffle” — refers to the exodus of workers during the pandemic. Employees left their jobs for higher…
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