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American authors William Strauss and Neil Howe are widely credited for coining the term ‘Millennials’ in their 1991 book Generations. The term, which describes the generation of Americans born roughly between 1980 and 2000, has since been popularised on a global scale. Within a year from now the Millennials will make up 50 percent of the UK’s workforce.
In terms of retention, it’s a worrying statistic when you consider that Millennials are the most likely of all generations to say they will leave their company in the next 12 months if and when the job market improves.
In order to increase retention among Millennials and make your workplace one which gets the best of your workforce, it’s worth considering the following tips: