Managing Millennials

Millennials have gained a reputation as a generation of job hoppers, and rightfully so according to a recent survey conducted by Deloitte. According to Bloomberg News, over 64 percent of millennials surveyed indicated that they plan to leave their current organization within the next five years, which is problematic considering this group will make up over 75 percent of the workforce by 2025. Bloomberg offers four tips for retaining this demographic, all tied to nurturing career development. 63 percent of millennials surveyed reported that they felt their leadership skills were not being developed, and an additional 68 percent said they would stay with an organization longer than five years if “young employees are actively encouraged to aim for leadership roles”.

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