HOW TO ATTRACT AND RETAIN A DRIVEN MILLENNIAL WORKFORCE Brice Clark briceclark.me
CREATE A DYNAMIC MILLENNIAL CULTURE
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A meaningful mission and vision statement is NOT optional
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Average costs of replacing a millennial employee is $15,000 $20,000 ➤
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Turnover Calculator
Focus on your purpose and your people for your profits
INVEST ENERGY AND TIME INTO YOUR PEOPLE ➤
Empower your workforce ➤
“Make Businesses Matter” movement is here
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Be an authentic leader
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Cultivate personal relationships ➤
Foster two waycommunication
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People will quit jobs, but they will not quit relationships
ENCOURAGE INTERNAL INNOVATION ➤
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Eliminate barriers and create a flexible learning environment ➤
Promote work-style instead of work ethic (empower managers, loosen dress code, offer flex days)
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67% of people check their email while in their pajamas
Offer professional development ➤
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Create systems that allow employees to learn and travel often
Leverage technology as a tool ➤
Recruit on social media
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Integrate tools for more efficient collaboration (i.e. Slack, Trello)
HOW DOES THIS APPLY TO US? ➤
Branson is growing! Over $350 million in development in 2016 (more year round, full-time jobs)
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Need to change the mindset “this is how things were done in the past”
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Understand the generational differences
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We must be open minded to changes that empower people for the future which is much more powerful than holding onto ways of protecting the past. - Brice Clark