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Analysis South Korea’s youth exodus challenges corporate cultureAs young employees leave in droves, companies seek new strategies to retain emerging talent The burgeoning trend of high turnover rates among South Korean millennials and Generation Z (MZ) poses critical risks to corporate sustainability and economic growth. Corporations face escalating costs and operational disruptions as a significant portion of young employees resign, challenging these entities to adapt swiftly to retain young talent. The Korea Development Institute highlights a concerning pattern: the turnover rate for South Korea’s MZ workforce is climbing, with more than 60% exiting their first job within just over a year, even though it takes them, on average, 10 months to secure employment. “More and more people are willing to change © Korea Risk Group. All rights reserved. |





