Millennial and Gen Z Talent Attraction, Management, and Retention in Today's Workforce: Best Practices & Strategies

The Millennial generation is a force to be reckoned with because they are talented, innovative, entrepreneurial, and creative. They are also highly mobile and prone to job hopping. 

Organizations today face a significant challenge in engaging with a workforce that is multigenerational, with generation Y (Millennials) on the rise and expected to account for up to 75% of the global workforce by 2025. 

More than 60% of Millennials leave their companies in less than three years, and their turnover rate is higher than that of any other generation. In addition, there are now more Millennials than Baby Boomers in the workforce. 60% are open to changing jobs, and 36% plan to look for a new job within the next year. Without a doubt, they have their own style, attitudes, and beliefs. While retaining top talent millennials is a critical business imperative for success, most companies have not implemented a focused retention strategy aimed at retaining these critical employees.

The good news is that Millennials prefer to stay with the same company and will do so if provided with the right environment and opportunities. There are strategies and tactics that can be used to increase retention rates.

Millennial talent acquisition and retention are critical because they are the most important talent generation that will guide your company through the upcoming disruptive times of digital transformation. This informative webinar with expert speaker Bob Verchota, will teach you about the various factors that influence millennial retention rates. You will also learn practical techniques and best practices for retaining the best employees, among other things.

Upon course completion, you will be able to:

• Cite factors that contribute to Millennial employee turnover
• Identify strategies for retaining employees
• Understand the link between leadership, employee satisfaction, and turnover
• Measure employee turnover
• Cite three factors that contribute to employee motivation
• Recognize the priorities of the Millennial generation

• Why Millennial employees stay or leave
• How to measure turnover
• The relationship of compensation to employee satisfaction and motivation
• The relationship of leadership to retention and turnover
• How to create a workplace “community”
• Why recruitment and interviewing are important in managing turnover
• The importance of “Stay interviews”
• 135 ideas for reducing turnover
• 10 steps toward great retention
• Ideas for more effective onboarding
• Importance of realistic job previews
• 7 steps to giving effective recognition
• Linking benefits to retention
• The 5 components of the retention model
• Keys for millennial retention

In addition to the presentation hand-outs attendees will receive: 146 Retention Strategies

• Human Resources
• HR Managers, HR Directors, HR Professionals
• Employee development, Leadership and Management
• Employee Development Professionals
• Team Leaders, Managers 
• Business Unit Heads
• Employee Retention and Performance Appraisers
• Individuals responsible for employee retention