Employee Retention
By admin
Twentysomethings are changing jobs every 18 months according to the U.S. Department of Labor.
This is a very revealing statistic – it shows that companies are doing a very poor job at retaining Generation Y’s.
Why?
Lack of high trust culture in which Gen Y’s can flourish
Disconnnect between employers/ managers and employee – Gen Y strive for significance, want to work for a company that makes a real and measured difference in people’s lives – employers look for employees! This disconnect is also manifest in the lack of an authentic relationship between manager and direct line employee. Remember Gallup research has shown that the most important relationship in any organisation is the one with your direct line manager. Positive management will have a significant impact on employee turnover.
On the other hand considering that time it takes to seek out new positions, complete the interview process etc, it appears that the Gen Y are thinking about leaving before they even start – why bother atall?!!
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Kevin Kelly is an Internationally Acclaimed Motivational Speaker and authority on leadership.