How to Attract Millennial Employees with Non-Monetary Benefits

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Millennials are an important and valuable part of the workforce; in fact, they’re taking over the workplace. Based on data from Pew Research Center, more than one-in-three American workers are Millennials, and in 2015 they surpassed Generation X to become the largest segment of the American workforce.

Since Millennials have different attitudes towards work, as we discuss below, the challenge for companies and hiring professionals is how to attract and retain them. Monetary compensation and other expensive benefits aren’t necessarily the answer, but opportunities for growth, purpose-building and more could be.

Use these five tips to attract Millennials to your company and retain the ones you have.

The Surprising Benefits of Hiring Older Talent

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Employers ignoring the many thousands of highly qualified tenured candidate applying for your open requisition may be denying themselves a great opportunity.

Seasoned Baby Boomers seeking to remain or re-enter the workforce offer loyalty, experience, the opportunity to mentor other staff, and numerous other attributes you may not find elsewhere, and probably at a most agreeable price.

Take a look at this article and see if you agree there’s a very savvy, steady and hard-working legion of talent you may want to give a second look to.

A Guide To Quality (Not Just Quantity) Hires

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Employers are recognizing the increase in employee turnover and are looking for ways to not only find qualified workers, but to retain them too.

Hiring, onboarding, and training a new employee can be a costly prospect for an employer, making it worthwhile to try and keep an employee who is familiar with the job and the organization.