Retaining Millennials in Today's Workforce
Learn why millennials and other employees stay or leave, how to measure turnover, and practical retention tactics from stay interviews and onboarding to recognition.
Speaker
Bob Verchota
HR and management consultant · RPVerchota & Associates · SPHR
Overview
Millennials are talented, innovative and entrepreneurial, but also highly mobile. This 60-minute webinar on retaining millennials explains why they and other employees stay or leave, and gives practical techniques to keep your best people.
You'll learn how to measure turnover, how compensation, leadership and benefits connect to satisfaction and retention, and how to build a workplace community. The session covers the role of recruiting, interviewing and realistic job previews, stay interviews, better onboarding and seven steps to effective recognition.
You'll also get 135 ideas for reducing turnover, 10 steps toward strong retention and the five components of a retention model.
Why attend: More than 60% of millennials leave their company within three years, and their turnover is higher than any other generation's. They now outnumber Baby Boomers at work, 60% are open to a new job and 36% plan to look within a year. Yet most companies have no focused retention strategy. Millennials prefer to stay when the environment and opportunities are right. This session suits HR, employee development, leaders and anyone responsible for retention.
What’s covered
- Why millennial employees stay or leave
- How to measure turnover
- How compensation relates to satisfaction and motivation
- How leadership relates to retention and turnover
- Creating a workplace community
- Why recruiting and interviewing matter for turnover
- The importance of stay interviews
- 135 ideas for reducing turnover
- 10 steps toward great retention
- Ideas for more effective onboarding
- The importance of realistic job previews
- Seven steps to effective recognition
- Linking benefits to retention
- The five components of the retention model
- Keys to millennial retention
Who should attend
What you get
About the speaker
Bob Verchota, SPHR, is the President and owner of RPVerchota & Associates, a human resources and management practices consulting firm. He has over 30 years of human resources and operational leadership experience. His most recent corporate assignments include serving as VP Support Services, VP of Ancillary Services and Human Resources, and VP Human Resources. Focus areas include organization change and employee development, talent acquisition, risk management, compensation and benefits, labor and employee relations, performance improvement, and other operational issues.
Academic pursuits include an undergraduate degree in Business Administration, graduate degree in Healthcare Administration (MHA), and doctoral work in Organization Development EdD (abd). He has taught at the technical, baccalaureate, and masters levels in several colleges and universities.
More in HR Compliance
See all 352 HR webinars →
Margie Faulk · 90 min
Secrets Of Psychology - Why People Do The Things They Do
Paul J. Cline · 90 min
Project Management For Administrative Professionals
Chris DeVany · 90 min
Elevate Your Workplace Wellness: 10 Critical Wellness Factors