Millennial workers—those born between 1980 and 2000—will soon be replacing the retiring baby boomers, and employers will have to learn to “understand their generational footprint in order to keep this tech-savvy, plugged-in group of employees engaged in their work,”
( Categories : Recruitment | Retention ) Retention
Keeping the Best of New Generation of Workers
Millennial workers—those born between 1980 and 2000—will soon be replacing the retiring baby boomers, and employers will have to learn to “understand their generational footprint in order to keep this tech-savvy, plugged-in group of employees engaged in their work,”
( Categories : Recruitment | Retention ) How to Make Potential Retirees Stay On
Employers have up to two years in which they may be able to change a retiring worker’s decision by offering incentives to remain with the company, according to results of a survey by the nonpartisan Employee Benefit Research Institute.
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Read more Ineffective Leadership Results in Higher Turnover, Survey Says
A “significant number” of workers leave their employers due to ineffective leadership and a lack of opportunities or challenges within the organization, according to an online survey by Right Management.
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Growing “Say/Do” Gap Between Rewards and Delivery
Reward and performance management programs are not keeping pace with current business demands and needs, according to a new Towers Perrin study.
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Industries to Feel Boomer Brain Drain
Retiring baby boomers are already creating critical challenges in health care, and the oil and gas industries, according to a recently released study by WorldatWork, Buck Consultants, and Corporate Voices for Working Families.
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Read more Lack of Affordable Housing Problematic in Hiring and Retention
No surprise for Hawaii employers, a nationwide survey shows that of companies reporting a lack of affordable housing near their location, 67 percent believe it is having a negative impact on retaining qualified entry-level and mid-level employees.
Read more Worker Retention Tops Employer Goal List
According to a recently released national survey by MetLife, employee retention was rated the most important benefits objective by more than half of employers. “Over the past 18 months, 22% of employees changed employers,” the study says.
Read more Most Companies Not Planning Retention When Economy Rebounds
Employee retention issues are on the organizational radar, but not a priority now in most companies, according to a new survey by the Institute for Corporate Productivity.
Read more Better Job Market Feeds Worry That Key Workers Are Leaving
With more workers voluntarily leaving their jobs than being laid off for three straight months, companies are becoming more concerned they may lose good employees in a better job market, according to OI Partners.
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Read more Make Exit Interviews Work for the Company, Expert Says
If your company conducts exit interviews, much data is collected but little is being done with it to improve overall management performance, according to Dick Finnegan, founder of the Retention Institute.
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