NEW GEN Z 101: Unlock & Outlast Microtrends

Millennial parents are more likely to leave jobs that better fit with their family responsibilities.

May 12 2022

Millennial parents are more likely to leave jobs that better fit with their family responsibilities. YPulse’s What’s Next For Work trend report found that Millennial parents are far more likely to be planning to leave their jobs because they need more flexible work hours, and to say they would leave a job if their work/life balance was unhealthy. And according to Bright Horizons and Material research, nearly two-thirds (60%) of working parents say COVID has made them realize their current work benefits are insufficient to get their jobs done and take care of their family. Thirty-five percent of parents say that a job that helps meet their family and child care responsibilities is just as “strong of a motivator” to help them stay with their employer as double their compensation (36%). Ninety percent of parents say they need support to meet their responsibilities at work and home, yet only half say their jobs have adjusted or added new policies (53%) and benefits (51%) to help them. One in three feel their employers “could have done a better job” providing enough or the right kind of support. As a result, 60% of parents feel fatigued and exhausted from managing their work and lives. According to the Bright Horizons CEO: “ [W]hat we are seeing and hearing from employers is that they clearly see the connection between supporting their workforce and succeeding in the marketplace. They are committed to offering support that works for their employees, including everything from on-site and back-up child care to, virtual tutoring and more.” (Yahoo! Finance)