Selasa, 28 Mei 2013

Four Keys to Attract and Retain Millennials

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Have you ever made a wrong hiring or promotion decision?
Do you have employees who have difficulty communicating with others? People are unique and have different temperaments and personalities. These differences have a direct impact on how people interact, communicate and perform.  

 

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Four Keys to Attract and Retain Millennials

The youngest generation in today's workforce, Millennials or Generation Y, has brought new challenges to companies.  

   These 20 and 30-somethings are the largest generation in human history and will comprise 40 percent of the U.S. workforce by 2020, according to the U.S. Bureau of Labor Statistics. They are driven, task-oriented, social and technologically savvy. They are also impatient, entitled and quick to change employers if they don't feel they are advancing their careers sufficiently.

   Seventy percent of Millennials leave a new job before the first two years, a turnover rate twice as high as other generations, according to Experience.com. If businesses want to attract and retain this enormous pool of talent, they have to start tailoring their workplace to meet their needs and capture their loyalty.

   Here are four keys to understanding and attracting Millennials:

  1. Create and espouse a corporate mission, vision or set of values. Many Millennials want to work for businesses or a cause they believe in. Many grew up in broken homes, and they witnessed corporate and political corruption and abuse of power, as well as significant tragedies like 9/11 and the Columbine shooting. Whether you sell food, services or healthcare, branding is important; frame your business with an upbeat, positive mission.
  2. Provide flexible benefits. Millennials greatly value personalization. They grew up being able to fit technology around their needs, and expect the same in other parts of life. Allow them to have input into the packages you offer. Whole Foods earns points with employees by allowing them to vote every three years on the benefits packages it offers.
  3. Present a clear career path and offer continued education. Millennials are notoriously impatient and individualistic when it comes to their careers. Don't expect them to stay in the same job for very long, without offering ways for them to advance their careers. Convenience stations historically have very high turnover rates. However, QuickTrip reversed that trend around by offering (among other things) a career path for all new employees, while only hiring managers from within.

To finish reading this article click here!

Industry Facts and Figures
Organizations are increasingly using social media as part of their recruiting strategy. According to a report from the Society for Human Resource Management, 77 percent of organizations surveyed said they used social media to find candidates for new jobs, and 30 percent use social media to screen current applicants. LinkedIn was the most common site used for recruiting (80%), followed by Facebook (56%) and Twitter (39%). 

 

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Set Up A Google Blogger Blog To Drive Traffic And Start To Make Money On Your Site

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The fact is, using Bloggers' blog to start building your website is the easiest and faster way to get you going. Besides it is free, Bloggers offer options for bloggers of all experience levels, and with varying blogging objectives, to monetizing it among the most options chosen, either passive or active income.

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