Millennials play a vital role in the workforce, accounting for more than one-third of American employees. They’re an ambitious group who often value transparency and work-life balance over salary and title.
Recruiting the millennial generation requires finesse. But it doesn’t end there. The hard work also comes in retaining them. Millennials aren’t known for loyalty to employers, willing to leave for greener pastures and costing businesses untold amounts in lost productivity in the process. Gallup pegs the turnover cost to the economy at $30.5 billion annually. If your business doesn’t want to add to that figure, it is important to understand the ways to keep millennial workers happy, whether they are in the office or working from home.