Type “millennials are” into a Google search bar, and you’ll find that “lazy” comes up as one of the top three autocompletes.

The common perception is that members of the generation born between the early 1980s and late 1990s are easily bored, crave instant gratification and would rather hop from gig to gig than stay with one company throughout their working lives. Not exactly dream employees, in other words.

But comprehensive studies in both the US and UK this year have shown the opposite is the case. It turns out, millennials are just as committed as their elders were at the same age, if not more so. What’s more, they’re not being rewarded for that loyalty.

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British think tank the Resolution Foundation reported in February that only one in 25 UK millennials was switching jobs each year during their mid-twenties.