Millennials have a different mind-set and want different experiences to other generations so business should already have factored into their HR & Talent strategies how to develop and manage their growth to motivate and retain. With 44% saying they would quit within the next 2 years, some innovative engagement strategies are required.
Only 16 per cent millennials saw themselves with their current employer ten years from now. However, retaining this demographic of employees may be tricky as although pay remains a top priority for millennials, work-life balance, integrity, and career development are all important factors too. These were findings from a survey of nearly 7,700 millennials from 29 countries during September and October last year.