[Infographic] Understanding millennial workers may be the secret to retaining young talent

Amelia

To better manage and retain millennial talent, employers need to understand the way millennials think and what they value

By 2020, millennials will make up over a third of the working population worldwide. From financial compensation to work-life balance, from generational tensions to leadership potential, let’s have a look at what it means to best engage what may be today’s most influential demographic.

In gist, millennials tend to be uncomfortable with rigid corporate structures and turned off by information silos. To attract and inspire millennial talent to stay, employers will have to understand that they value an inclusive working culture, work-life balance, as well as opportunities to learn and advance in their careers.

Also read: 5 lessons from 5 years as a millennial entrepreneur

As more and more millennials are entering the workforce, retaining talent is less about hefty salaries and routine work, and more about roles that inspire them to contribute and grow.

—-

Sources: ManpowerGroup, PwC, Deloitte

Want to be part of the ecosystem?

Register for your Echelon Asia Summit access pass now! Enjoy +10% off Echelon Asia Summit Startup, Investor and Corporate passes just for being our favourite e27 reader.

The views expressed here are of the author’s, and e27 may not necessarily subscribe to them. e27 invites members from Asia’s tech industry and startup community to share their honest opinions and expert knowledge with our readers. If you are interested in sharing your point of view, submit your post here.

Featured Image Copyright: pablocalvog / 123RF Stock Photo

The post [Infographic] Understanding millennial workers may be the secret to retaining young talent appeared first on e27.