Deloitte's 2016 Millennial survey reveals that 44% of Millennials say, if given the choice, they would like to leave their current employers in the next two years. A perceived lack of leadership-skill development and feelings of being overlooked are compounded by larger issues around work/life balance, the desire for flexibility, and a conflict of values. This remarkable absence of allegiance represents a serious challenge to any business employing a large number of Millennials, especially those in markets - like the United States - where Millennials now represent the largest segment of the workforce. The research also shows that while they continue to express a positive view of business' role in society and have softened their negative perceptions of business' motivation and ethics compared to prior surveys, Millennials still want businesses to focus more on people (employees, customers, and society), products, and purpose - and less on profits. The report emphasises that because most young professionals choose organisations that share their personal values, it's not too late for employers to overcome this "loyalty challenge".
External authors

Deloitte