by Brennan McEachran
Originally published: May 20, 2016
Millennials make up 35% of the work force. In 2020, that number will hit 50%.
Although perks are enough for some, millennials, particularly those with a little experience in the workforce, seek deeper incentives.
According to The Deloitte Millennial Survey 2016, millennials express little loyalty to their current employers and are planning near-term exits; 25% this year alone. That’s three times higher than other generations who plan on doing the same. We already know that workers are actively disengaged. But did you know that millennials lead the pack? In fact, according to a Gallop study, 71% of millennials claim either not engaged or actively disengaged at work.
We know employee engagement is critical to retaining employees. And millennials are no different. Tons and tons of articles point to the “what” — What do I have to do to retain the millennial talent. What many of these articles fail to do, however, is provide the “how.” How do you keep this growing population of talent interested and engaged in your company? That is the focus of this article.