Want to Retain Millennial Talent? Consider Added Benefits

Posted by HeatherStone under Employee Benefits
From http://www.bizsugar.com 3268 days ago
Made Hot by: thelastword on December 8, 2015 6:41 pm

Millennials are well-known for being job-hoppers and with good reason. According to the Bureau of Labor and Statistics, this group held an average o 6.2 jobs between the ages of 18 and 26. This means if you want to tap in to the youth an vitality millennials can offer your company, you also run the risk that you could be training an employee who will soon leave you, taking the training and experience you gave them to their next employer. One possible solution is to give these employees a better reason to stay, and one incentive could be in the form of added voluntary benefits.

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Comments

Written by abdulbais
2270 days ago

[Moderator's note: removed spam comment. ^ML]

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Written by mannguru
2741 days ago

[Moderator's note: removed spam comment. ^ML]

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Written by lyceum
3266 days ago

Shawn: I am OK with being the "X factor"! ;)

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Written by HeatherStone
3268 days ago

Hi Martin,

The term is less than exact. The article above describes those born during the 80s, but some have stretched that to all those born from the early 80s to early 2000s. Others, I'm sure, would argue for a much narrower age demographic.

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Written by ShawnHessinger
3267 days ago

Hey, Martin. I'd say you land pretty squarely within the boundaries of Generation X. I'm not sure how this translates from culture to culture, but certain generalizations could definitely be made about these generations in America and Europe, I think.

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Written by lyceum
3268 days ago

Heather: Thanks for the explanation! I wonder which generation I belong to (1968)?

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Written by lyceum
3268 days ago

What is the Age bracket for the Millennials?

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