There is a lot of misinformation about the youngest members of your staff. For every stereotype that is unfounded there is sometimes a grain of truth. Many professionals believe that millennials are job hoppers and won’t remain loyal to a company if a better opportunity comes along. This is only partially true. Millennial employees are looking for long term stability, but only with the right organization and, if a job isn’t fulfilling them in creative ways, they are likely to move on.

So how can you retain millennials before they decide to abandon ship? Here are five tips to consider.

Full Disclosure and Communication

Your millennial employees want to be kept in the loop on important information. The less you tell them the more they will become concerned about the company and consider other options. Develop a management style that takes employee communications into account and share any and all relevant information that will help your team stay informed.

Training and Development

Your young team members are also craving knowledge. If they don’t feel like they are getting the support they need to develop their skills they are going to look elsewhere for that kind of experience. Offer career development to help engage the staff. Talk to them about what they want to do and help them use their skills to benefit your company.

Fast Track to Advancement

Hand in hand with training and development is an opportunity for advancement. That isn’t to say that your millennial team members can expect to be promoted within just a few months, but they should have a clear understanding of where the job can do what milestones they need to achieve to get there.

Mentor Programs

Contrary to popular belief, millennials don’t need to be isolated either. They actually want to learn from the experiences of the other generations within the workplace. Assigning them a baby boomer or genX mentor can help them learn the ropes of the company and it will also help the mentor gain insight on how to work with millennials. When your senior employees do retire, their knowledge will be passed on to the younger generation.

Leadership Training

Your millennial staff are also interested in developing their leadership skills so why not encourage that. Leadership is different from management and someone doesn’t have to have the title of manager to be a leader. Tap into the group’s experience with collaborative work and use their drive to help push your company mission forward.

Looking to hire additional team members this Fall?

Contact the experienced recruiters at StaffEx for additional support on hiring top professionals to assist your organization.