According to Forbes, the number one value for Millennials in their careers is development. They seek to grow knowledge, experience, and expertise as quickly as possible. Part of this is because they’re genuinely motivated growers; another part of this is a result of trauma from being underpaid and underemployed during the recession. This generation feels like they need to “catch up” for their lost time. And the cost of that is on you, as an employer.
Challenging? Yes. But necessary to know.
If you are a small company, you’re likely have a much harder time retaining Millennials. There is less room to grow and move up in the company when numbers are low and roles are limited. This is why you focus must be around leveraging a great company culture, and atmosphere… Part of that means if you want to retain them, you must invest in them and teach them opportunities. Sponsor continued education or offer periodic training to keep them challenged and learning.
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