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Why companies are losing billions in turnover to the demanding millennials in their workforce.
The “millennial generation” includes people born between 1980 and 1999, and the Bureau of Labor Statistics estimates that there are 40 million of them working in businesses today. Some are calling this generation “moofers” — mobile out of office workers — who “life-stream” their every move in blogs and on Twitter.
Dr. Joanne G. Sujansky is co-author of “Keeping the Millennials: Why Companies are Losing Billions in Turnover to This Generation — and What to Do About It.”
On “Here and Now,” she explained how many businesses are struggling to accommodate this generation that wants more flexibility, extra feedback, and more opportunity for career advancement.