3 Ways to Attract and Retain More Millennials

As you may already know, millennials are taking over the workplace. In the next five years or so, millennials will make up at least 50% of the total workforce in America. So it’s pretty accurate to say that your place will comprise mostly of them.

But what are you doing to attract and retain this new generation of workers?

Well, if you think a high salary is the only factor that matters to millennials, you need to think again. Although a high salary is beneficial, this generation looks at other assets of a company before agreeing to work for it. Here are 3 assets that you need to adapt into your workplace to attract and retain more millennials:

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3 Benefits That’ll Promote Family-Friendly Culture

Businesses today are trying everything to retain and acquire the best talent. From free alcohol to paid vacation expenses, companies have tried to create a work environment that their employees would love. Even though these fun perks are great to have, it’s not a substantial reason for a quality employee to stick with a company.

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The Need for Work-Life Balance

Imagine two different workers in two different industries: Worker A and Worker B.

Worker A is an engineer for a tech company, who works 6 days a week and 10 hours per day. He receives a solid salary with a comprehensive benefits plan from his company, but he only has a week’s worth of paid-time-off, including sick days.

Worker B is a marketing manager for a digital agency, who only works on the weekdays and usually works from 9am-5pm. He also receives a health salary, but not as much as Worker A, and just a 401k plan and health insurance from his agency. However, he does receive two weeks of paid vacation days and 5 paid sick days.

From the short summary of these two workers, which worker is happier?

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