What you need to know

Uncategorized

Keeping Millennials Engaged and Employed

High turnover rates are a challenge employers know all too well—especially when it comes to millennials. So what’s a company to do? Nancy Lublin, CEO of Do Something, America’s largest youth volunteer organization, shared these tips for avoiding the millennial turnover blues with Fast Company.

  1. Create a New Type of Career Path. If you’re dealing with a commitment-phobe, a long-term career expectation might scare their socks off. Consider a flexible, short-term agreement with a mutual reevaluation of the employer-employee fit at the end of a two-year period.
  2. Embrace the Idea of Partnership. LinkedIn co-founder, Reid Hoffman, explains his “Tour of Duty” concept in his book The Alliance. The concept relies upon mutual investment between employee and employer. Both parties commit to finding ways to meet each other’s goals and aspirations, which may or may not include long-term employment. The focus lies in a successful partnership that enhances the industry and relationships.
  3.  Feed Millennials’ Desire for Good. Most of us want to feel like we’re part of something bigger than ourselves, something good and worthy of our time. Even so for millennials, many who say they’d even take a 15% pay cut to obtain a job where they “can make an impact.” Partnering with local non-profits and highlighting social consciousness could go a long way in attracting and retaining these socially-conscious employees.

That’s Good HR exists to help employers creatively meet the needs of their clients. Contact us to talk about ways temporary employment can work for you and the modern worker.

 

We’d love to help you. Give us a call. 317.469.4141