Who Millennials really are, and what they want from a career
How to use people analytics to assess cultural fit and address Millennial retention
Four unique ways to increase Millennial retention
Millennials are here to stay, and they are the next generation of leaders in the workforce. But who are they? There is no shortage of stereotypes—they’re entitled, notorious job-hoppers who are too engrossed in their cell phones to do much else. Many of these negative stereotypes are wrong; the truth is, Millennials want many of the same things that GenXers and Boomers want—financial security, meaningful work, and opportunities for career advancement. They just seek it in different ways.
There is a huge wealth of talent to be found in the Millennial generation, and companies willing to engage Millennials on their terms will rediscover loyalty that seems to be the herald of a bygone employment age.
Hiring is not easy – as a matter of fact it’s quite diff icult. A bad hire can cost you, on average, $20,000 per employee. And that number doesn’t reflect the potential damage to your company’s reputation and employee ...