Age influences recession strategy

Employees of all generations want many of the same things: a solid salary, job security, workplace stability. But younger members of today's workforce may be more likely to change jobs once the recession subsides.

According to the latest survey from Robert Half International, 36% of employees born since 1979 — labeled broadly as members of “Generation Y” — plan to look for a new job when the recession ends, compared to 30% of so-called “Generation X” employees (ages 32 to 45).

“Many employees, particularly Gen Y professionals, are biding their time in their current employment situations and plan to make a move when they feel the economy is on firmer footing,” explained Brett Good, a district president with RHI.

Business owners seeking to avoid turnover should sit down with young employees, Good suggests.

“Now is the time for employers to take action and outline career paths within their company for strong performers. Compensation reviews also should be conducted to ensure that pay is competitive,” he said.

Based in Menlo Park, Calif., Robert Half International surveyed more than 1,400 professionals in North America to establish its most recent findings.