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The days of working for one employer for the majority of your life are long gone.
Our relationship with work has slowly evolved over time. Millennials – people aged between 27 and 42 years old – were the first generation to normalize staying at one employer for a shorter period of time. In 2022, 22% of workers aged over 20 years old spent a year or less at their jobs – the highest percentage with a tenure that short since 2006, according to data from the Employee Benefit Research Institute. About 33% spent two years or less in their jobs over the same period.
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