Upswing in Switching Jobs
| Education Jagat - 01 May 2018

There has been an upswing in switching jobs swiftly and aggressively in last 16 years, especially by the millennial workforce in technical roles like data scientists, software engineers and product managers, according to a study. Millennials these days are more ambitious, restless and are less afraid to take chances because of so many options at hand, a study by global predictive outbound hiring solution provider Belong has revealed. “People are hopping jobs in search of larger ownership and learning opportunities. That is also a reason why the younger generation is opting to work at startups. The belief in the world of open source and internet is that learning happens while doing more things. The study reveals that software engineers have been quitting the fastest since 2001. Looking at the average tenure of software engineers from 2001 to 2014 the data tell that the number has seen a steady decline over these 14 years. Every person who joined as a software engineer in 2001 worked for an average of 4.7 years at the same company, it added. “In 2016, 58 per cent of software engineers quit within two years of working at a company.”  This number was 44 per cent in 2013.  The study found that only 14 per cent software engineers last more than 4 years at a job. Since most engineers are quitting within two years, the percentage of software engineers spending more than four years at a company went down to 14 per cent in 2016 from an average of 23 per cent in 2013.  The study says that Internet companies have the youngest engineers with an average age of 27.5 years, followed by ITES with an average of 29.2 and lastly computer software with an average age of 32.1 years. “Data Science is one of the most difficult positions to fill. According to Belongs Talent Supply Index for 2017, there are only 8 data scientists for every 10 jobs in India, tilting the market significantly in the candidate’ s favour,”

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