How long do people work for the same employer?
Median tenure with current employer was 4.1 years in January 2020
The median number of years that wage and salary workers had been with their current employer was 4.1 years in January 2020, little changed from 4.2 years in January 2018. Median employee tenure was generally higher among older workers than younger ones. For example, the median tenure of workers ages 55 to 64 (9.9 years) in January 2020 was more than three times that of workers ages 25 to 34 (2.8 years).
The share of wage and salary workers with a year or less of tenure with their current employer was 22 percent in January 2020, unchanged from January 2018. This short-tenured group includes new hires, job losers who found new jobs during the previous year, and workers who had voluntarily changed employers during the year.
Younger workers were more likely than older workers to be short-tenured employees. For example, in January 2020, 75 percent of 16- to 19-year-olds had tenure of 12 months or less with their current employer, compared with 10 percent of workers ages 55 to 64.
Our commentary on the article
So the average amount of time that salary and wage earners work for the same employer is 4.1 years, down slightly from 4.2 years which was recorded in January 2018. From the above it is clear that the older one gets the less likely on is to change jobs regularly. For 16-19 year olds 75% stayed with their employer for less than a year, compared to only 9% of those older than 65 that stayed with their employer for less than a year.
For those over 65 years old, 30% of them have been with the same employer for more than 20 years, compared to only 4% of those aged 35-44 that has stayed with their employer for more than 20 years.
So if you are an employer know that younger people will tend to leave their jobs a lot quicker than older folks. So if you dont want a lot of staff turnover look to employ older folks.
For those over 65 years old, 30% of them have been with the same employer for more than 20 years, compared to only 4% of those aged 35-44 that has stayed with their employer for more than 20 years.
So if you are an employer know that younger people will tend to leave their jobs a lot quicker than older folks. So if you dont want a lot of staff turnover look to employ older folks.
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