Job Hopping is the new "normal" for Millennials. The average worker today stays at each of his or her jobs for 4.4 years, according to the most recent available data from the Bureau of Labor Statistics, but the expected tenure of the workforce's youngest employees is about half that. Ninety-one percent of Millennials (born between 1977-1997) expect to stay in a job for less than three years, according to the Future Workplace "Multiple Generations @ Work" survey of 1,189 employees and 150 managers.
That means they would have 15 - 20 jobs over the course of their working lives!
The monetary and real costs of training an employee are substantial and the return on that training is lost if the employee exits the company quickly.
So the challenge for those filling the positions in the professional and skilled labor arena is How to keep the valued worker from hopping? How to retain a productive person and how to keep them engaged are the most common challenges employers face.
Engagement and retention is a shared responsibility. It can be more effective with the use of a "cheat sheet". A good assessment can help you retain, develop and engage your most valued employees.
Assessments specifically designed for workplace behavior can measure intrinsic behavioral factors that drive individual engagement– employee motivators and attitudes!
Take the next step in engagement initiatives. Harrison Assessments allow you to align employee intrinsic factors with organizational extrinsic factors to maximize engagement.
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