March 3, 2017

Top 5 Perks To Attract And Retain Millennial Talent

Over the next several years, millennials are expected to make up about half of the country’s workforce. As more baby boomers retire, millennials will begin to shape the U.S. workforce. While the generational divide can make recruiting new employees a challenge, the reality is this new generation will soon be driving your company’s bottom line. When recruiting millennials, many companies have been smart to offer perks specific to what this generation is seeking. Below are five of millennials’ most requested incentives from their employers. Professional Freedom Many millennials grew up watching both parents work around-the-clock, so naturally, they’ve grown to appreciate work-life balance. By giving millennials some freedom with their schedules – such as the option to telecommute or work a flex schedule, particularly during busy seasons – creates the type of culture where millennials tend to thrive and produce greater results for their employers.   Purpose When accepting a job offer, the majority of millennials are looking for a “sense of purpose” beyond just the work. Millennials thrive most when in an environment where they clearly see how their work impacts the company as well as their industry and society at large. Employers can accomplish this by removing bureaucracy and increasing transparency. In other words, millennials want to feel as though they are “insiders,” with access to as much information about overall goals as possible.   Training and Development It’s true that millennials tend to leave jobs faster, but one reason for doing so is lack of leadership development. […]