Framing the "problem"
Finding, keeping, and growing top millennial talent is a hot topic for leaders. According to Gallup's recent information, 71% of millennials are either not engaged, or their actively disengaged at work. Now take that in. That means only 29% of them are emotionally engaged in their jobs. They are the generation that is most likely to switch jobs. Gallup found that 60% of millennials, 60%, are open and looking for new opportunities. Do you know that millennial turnover is costing the Unites States' economy 30.5 billion, with a b, annually.
Now, these issues are not going to go away. 86 million millennials will be in the workplace by 2020. That's 40% of the total working population. So what does this mean for you? Are you doomed to employee turnover and costly hiring? You're not. Let me tell you, the basic principles of leadership are still important, but there are a few things that you can do, when you're interviewing, training, leading and managing millennials that will ensure that you have success with this generation.Source: https://www.linkedin.com/learning/hire-retain-and-grow-top-millennial-talent/framing-the-problem