August 29, 2012
Dan Schawbel, Millennial Branding,
Retaining young workers is one of the biggest challenges many
companies face. Several research reports over the past five years have
concluded that Gen Y workers leave their jobs after two years. According
to a new CareerBuilder study,
77 percent of workers are either actively searching for a new job or
are open to a new opportunity. This number jumps to 81 percent for
millennials and is lowered to 70 percent for baby boomers. Additionally,
job seekers consult about 15 resources for each job including career
sites and Facebook. Why is Gen Y worth your time? They will comprise 36
percent of the workplace by 2014, 40 percent by 2020 and 75 percent by
2025. They bring fresh skills, are the most diverse generation and
always connected, and thrive in a team environment.
Here are five ways to retain your Gen Y employees: Click here for full article.
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