Millennial Employee Retention Hacks: Equity is Important
Companies of all sizes and industries face turnover costs. With the growing number of millennial employees in the workforce, many businesses are feeling the impact of the decreased average tenure this generation brings to the table. In this article for Entrepreneur.com I explore how you can better retain millennial employees through a framework of workplace equity. Understanding these principles will allow managers to communicate more effectively to this generation and also engage them more meaningfully.
Retaining top talent starts with creating an equitable workplace.
Instilling workplace equity involves cultivating an environment where employees are treated fairly by management and, in turn, employees treat management fairly. It seems obvious. We’ve heard something similar since childhood—The Golden Rule. But what may seem obvious in principle is often not so apparent in practice.
Published August 14, 2015 on Entrepreneur.com https://www.entrepreneur.com/article/249548This entry was posted in Communication, Employee Development, Feedback, Leadership, Management, Productivity, Uncategorized. Bookmark the permalink.