SlideShare una empresa de Scribd logo
1 de 29
Descargar para leer sin conexión
How to Catch A
  Rising Star
Recruiting and Retaining
      Young Talent
      Eve Sweeting
Outline
• Demographics
• Why Recruit the New Kids on the
  Block?
• Where and How to Recruit Younger
  Workers
• Benefits that X’ers and Y’ers Want
• Resources to Learn More
Demographics
Generations Now in the Workplace
      % in Workforce                   • Traditionalists
                                          • Ages 64 and Over
15%
                                          • 58 million
       10%             Traditionalists
                                       • Baby Boomers
                       Baby               • Ages 45 to 63
                       Boomers            • 78 Million
29%                    Gen X           • Generation X
                                          • Ages 33 to 44
                       Gen Y              • 48 million
             46%                       • Generation Y
                                          • Ages 15 to 32
                                          • 80 million
Generational Uniqueness




Resource: Pew Research Foundation
Who are the Millennials?
• 21% are married (half
  the % of their parents
  generation)
• 34% are parents
• Unlikely to be better
  off financially than
  their parents (first
  generation in a century)
• 37% underemployed,
  18.8% unemployed
Comparison of Gen X & Gen Y
   Gen X                              Gen Y
• Worried about            • Worried about
   – Money/finances: 27%      – Money/finances: 30%
   – Career/job: 6%           – Career/job: 16%
   – Family: 13%              – Family: 7%
• Social Media Use: 50%    • Social Media Use: 75%
• Sleep with their cell    • Sleep with their cell
  phone: 68%                 phone: 83%
• Have a tattoo: 40%       • Have a tattoo: 36%
• Read the paper: 32%      • Read the paper: 23%
Why Recruit Gen X & Y
• Well- Educated – 40% of 18-24 in college,
              another 40% want to return to school
• Accustomed to diversity/integration
• Different thinkers
• Multi-taskers
• Tech savvy
• Driven by excellence
• Focused on results
• Though Gen Y is larger than Gen X, there is still
  expected to be a labor shortage in the next 25
  years. (FutureWork Institute)
Job Postings
• Market your company like you market your
  product
• Provide information about your company
  culture and work environment
• ¾ of younger workers look at Company
  websites to learn about prospective employers
• Focus on leadership positions and job growth,
  benefits that younger workers want
Where to Recruit: Company Website
• Make your recruiting site interesting
• Make it easy to understand
  – Hiring process
  – Company values are
  – Potential career paths
• Make it relevant
  – Use real employees to
  tell your story
Where to Recruit: Colleges
•   Florida Agricultural and Mechanical University (Tallahassee)
•   Florida Atlantic University (Boca Raton)
•   Florida Gulf Coast University (Ft. Myers)
•   Florida International University (Miami)
•   Florida State University (Tallahassee)
•   New College of Florida (Sarasota)
•   University of Central Florida (Orlando)
•   University of Florida (Gainesville)
•   University of North Florida (Jacksonville)
•   University of South Florida (Tampa)
•   University of West Florida (Pensacola)
How to Recruit: Colleges
• Use your current young employees to
  recruit new young employees.
  “Millennials are particularly peer
  influenced.” – Lisa Feldman, UC Berkeley’s
  Hass School of Business
• Use videos or other media that show
  what life at your company is like:
  Google Recruitment Video
Where to Recruit: Social Media
 Nearly ¼ of younger job searchers use
 social networking sites when looking for
 employment.

• TwitHire.com
• JobShouts.com
• Facebook
How to Recruit: Social Media
•   Highlight current employee achievements
•   Promote job fairs
•   Promote specific job openings
•   Post on a specific job board on Facebook
    • Employment Network in Sarasota,FL has over
      1,200 followers
    • Employment Network in Port Charlotte/Punta
      Gorda is growing with almost 300 followers
    • Suncoast Workforce
Where to Recruit: Referrals
  If you are looking for young professionals, the
  best place to start is with the YP’s currently
  working for you.

• Offer incentives for referrals
• Do have a group membership to the local
  Young Professionals Group (YPG)
• Send your young professionals to local YPG
  meetings to recruit
• Post job opportunities on the YPG website
• Become a sponsor of the local YPG
Retaining Young Talent: Benefits
   Top Ranked Benefits                Top Job Considerations
    Benefit            Score            Consideration           Score

                                            Salary              9.05
 Vacation/PTO           8.82
                                           Benefits             8.86
  Flex Hours/           8.06
Telecommuting                             Growth                8.74
                                        Opportunities
 Profit-sharing         7.52

                                           Location             8.44
  Subsidized            7.51
  education                               Company               7.95
  Mentoring             6.41             Leadership
  Programs
Source: Robert Half International, What Millenials Want, 2007
Retaining Young Talent: Work Environment
 • Casual
     – Peer to Peer
     – Access up the Organizational Chart
 • Fast-paced
     – Do not want to spend Time paying dues
 •   Flexible hours
 •   Telecommuting Options
 •   Supportive/Mentoring
 •   Community/Purpose Driven
Retaining Young Talent: Work Environment

     Quality        Ranking
                                          Dress Code
Manager I respect    8.74
                                     4%
                                                       Business
 People I enjoy      8.69                              Casual
                              26%                      Jeans
                                             41%
Work/Life Balance    8.63
                                                       A Mixture
    Socially         7.42
  Responsible                                          Business
                                    27%
   Company                                             Attire
Nice Office Space    7.14
Retaining Young Talent: Work/Life Balance
• Children of workaholic
  parents who want a
  balance
• Will check in frequently
  through tech devices
• Want to work smarter
  – Get things done quickly
  – Use connections
  – Quickly research
    information
Retaining Young Talent: Affinity Groups
• 40% of the DiversityInc Top 50 companies
  have generational affinity groups; 88% use
  employee resource groups for recruiting
• Allstate Insurance Co. has a young
  professional organization with 600-700
  employees
• Gen Y likes networking with people their own
  age. Growing up with social networking has
  encouraged this feeling of community.
Retaining Young Talent:
         Motivating & Recognizing
Motivation
• Personal fulfillment opportunities
• Career planning guidance
• Importance in the organization (not job position)
Recognition
• Continual feedback
• Praise when deserved
• Rewards in the form of time off or other benefits
Recap
• 48 Million Gen X’ers & 80 Million Gen
  Y’ers
• Untraditional Recruiting Techniques
  • Facebook, YouTube, TwitHire
• Untraditional benefits
  • Telecommuting, Mentoring,
    Affinity Groups, Personal Fulfillment
    Opportunities
• Lead to an untraditional workforce
Resources
• The Pew Research Center
  • www.pewresearch.org
• Robert Half International/Yahoo Hot
  Jobs Study
  • What Millennial Workers Want: How to
    Attract & Retain Gen Y Employees
• Diversity Inc. Magazine & Website
Questions?

 “Understanding Generation Y is important
 not just for employers. Older workers--that
 is, anyone over 30--need to know how to
 adapt to the values and demands of their
 newest colleagues. Before too long, they'll
 be the bosses.”

Read more: What Gen Y Really Wants
         TIME Magazine July 5, 2007

Más contenido relacionado

La actualidad más candente

Managing the millennials at the Workplace
Managing the millennials at the WorkplaceManaging the millennials at the Workplace
Managing the millennials at the WorkplaceGabriel Lubale
 
Achieve Multi-Generational Boards
Achieve Multi-Generational BoardsAchieve Multi-Generational Boards
Achieve Multi-Generational Boards4Good.org
 
Working and Managing Across Generations. From Traditionalists to Generation Y...
Working and Managing Across Generations. From Traditionalists to Generation Y...Working and Managing Across Generations. From Traditionalists to Generation Y...
Working and Managing Across Generations. From Traditionalists to Generation Y...Mike Cardus
 
Work With Me
Work With MeWork With Me
Work With Me4Good.org
 
Generation Y in Workplace
Generation Y in WorkplaceGeneration Y in Workplace
Generation Y in WorkplaceMyra Golden
 
What Millennials and young professionals want
What Millennials and young professionals wantWhat Millennials and young professionals want
What Millennials and young professionals wantChristoph Bauer
 
Millennials in the Workplace - How to better connect with them in the workplace
Millennials in the Workplace - How to better connect with them in the workplaceMillennials in the Workplace - How to better connect with them in the workplace
Millennials in the Workplace - How to better connect with them in the workplaceXPotential
 
Managing millenials for productivity
Managing millenials for productivityManaging millenials for productivity
Managing millenials for productivityGabriel Lubale
 
Working With Gen X & Gen Y Tada
Working With Gen X & Gen Y TadaWorking With Gen X & Gen Y Tada
Working With Gen X & Gen Y TadaSteve Mitchinson
 
HR Manufacturing Leap Conference - Rethinking Retention
HR Manufacturing Leap Conference - Rethinking RetentionHR Manufacturing Leap Conference - Rethinking Retention
HR Manufacturing Leap Conference - Rethinking RetentionNereida (Neddy) Perez
 
What Do Generations Y And Zers Want
What Do Generations Y And Zers WantWhat Do Generations Y And Zers Want
What Do Generations Y And Zers WantBrendaBlunt
 
Recruitment baby boomers, gen x & gen y
Recruitment  baby boomers, gen x & gen yRecruitment  baby boomers, gen x & gen y
Recruitment baby boomers, gen x & gen yPrakash Saklani
 
Attracting & Retaining Top Talent: Millennials In the Workplace
Attracting & Retaining Top Talent: Millennials In the WorkplaceAttracting & Retaining Top Talent: Millennials In the Workplace
Attracting & Retaining Top Talent: Millennials In the WorkplaceMcKonly & Asbury, LLP
 
Expectations of gen y at Workplace
Expectations of gen y at WorkplaceExpectations of gen y at Workplace
Expectations of gen y at WorkplaceGaurav Wadhwa
 
Generations workplace
Generations workplaceGenerations workplace
Generations workplaceJade Pham
 
Managing Different Generations
Managing Different Generations Managing Different Generations
Managing Different Generations RachelBurns
 

La actualidad más candente (20)

Managing Millennials Webinar Slides
Managing Millennials Webinar SlidesManaging Millennials Webinar Slides
Managing Millennials Webinar Slides
 
Managing the millennials at the Workplace
Managing the millennials at the WorkplaceManaging the millennials at the Workplace
Managing the millennials at the Workplace
 
Multi generational engagement angela wilke
Multi generational engagement angela wilkeMulti generational engagement angela wilke
Multi generational engagement angela wilke
 
Achieve Multi-Generational Boards
Achieve Multi-Generational BoardsAchieve Multi-Generational Boards
Achieve Multi-Generational Boards
 
Working and Managing Across Generations. From Traditionalists to Generation Y...
Working and Managing Across Generations. From Traditionalists to Generation Y...Working and Managing Across Generations. From Traditionalists to Generation Y...
Working and Managing Across Generations. From Traditionalists to Generation Y...
 
Work With Me
Work With MeWork With Me
Work With Me
 
Generation Y in Workplace
Generation Y in WorkplaceGeneration Y in Workplace
Generation Y in Workplace
 
MACPA Generational Symposium - 2013
MACPA Generational Symposium - 2013MACPA Generational Symposium - 2013
MACPA Generational Symposium - 2013
 
What Millennials and young professionals want
What Millennials and young professionals wantWhat Millennials and young professionals want
What Millennials and young professionals want
 
Millennials in the Workplace - How to better connect with them in the workplace
Millennials in the Workplace - How to better connect with them in the workplaceMillennials in the Workplace - How to better connect with them in the workplace
Millennials in the Workplace - How to better connect with them in the workplace
 
Managing millenials for productivity
Managing millenials for productivityManaging millenials for productivity
Managing millenials for productivity
 
Managing the Millenials
Managing the MillenialsManaging the Millenials
Managing the Millenials
 
Working With Gen X & Gen Y Tada
Working With Gen X & Gen Y TadaWorking With Gen X & Gen Y Tada
Working With Gen X & Gen Y Tada
 
HR Manufacturing Leap Conference - Rethinking Retention
HR Manufacturing Leap Conference - Rethinking RetentionHR Manufacturing Leap Conference - Rethinking Retention
HR Manufacturing Leap Conference - Rethinking Retention
 
What Do Generations Y And Zers Want
What Do Generations Y And Zers WantWhat Do Generations Y And Zers Want
What Do Generations Y And Zers Want
 
Recruitment baby boomers, gen x & gen y
Recruitment  baby boomers, gen x & gen yRecruitment  baby boomers, gen x & gen y
Recruitment baby boomers, gen x & gen y
 
Attracting & Retaining Top Talent: Millennials In the Workplace
Attracting & Retaining Top Talent: Millennials In the WorkplaceAttracting & Retaining Top Talent: Millennials In the Workplace
Attracting & Retaining Top Talent: Millennials In the Workplace
 
Expectations of gen y at Workplace
Expectations of gen y at WorkplaceExpectations of gen y at Workplace
Expectations of gen y at Workplace
 
Generations workplace
Generations workplaceGenerations workplace
Generations workplace
 
Managing Different Generations
Managing Different Generations Managing Different Generations
Managing Different Generations
 

Similar a Sweeting - How to Catch a Rising Star: Recruiting & Retaining Young Talent

Understanding Your Ideal Candidates
Understanding Your Ideal CandidatesUnderstanding Your Ideal Candidates
Understanding Your Ideal CandidatesJobvite
 
Maximizing recruiting performance
Maximizing recruiting performanceMaximizing recruiting performance
Maximizing recruiting performanceJon Bartos
 
Managing a Multi-Generational Workforce in a Customer Service Environment - S...
Managing a Multi-Generational Workforce in a Customer Service Environment - S...Managing a Multi-Generational Workforce in a Customer Service Environment - S...
Managing a Multi-Generational Workforce in a Customer Service Environment - S...Adecco Staffing, USA
 
Recruiting Baby Boomer Volunteers and Managing Volunteer Stress
Recruiting Baby Boomer Volunteers and Managing Volunteer StressRecruiting Baby Boomer Volunteers and Managing Volunteer Stress
Recruiting Baby Boomer Volunteers and Managing Volunteer Stressmlperry
 
UMN Startup Conference 2017 - Founding Co-founder - Rizky Muhammad
UMN Startup Conference 2017  - Founding Co-founder - Rizky MuhammadUMN Startup Conference 2017  - Founding Co-founder - Rizky Muhammad
UMN Startup Conference 2017 - Founding Co-founder - Rizky MuhammadSkystar Ventures
 
How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?Ana Ber
 
HR Webinar: Zap the Generational Gap!
HR Webinar: Zap the Generational Gap!HR Webinar: Zap the Generational Gap!
HR Webinar: Zap the Generational Gap!Ascentis
 
The Cream of the Crop: Recruiting the Right Mentors
The Cream of the Crop: Recruiting the Right MentorsThe Cream of the Crop: Recruiting the Right Mentors
The Cream of the Crop: Recruiting the Right MentorsFriends for Youth, Inc.
 
IBM_Talent_Retention_Waran_0815_Publish.pdf
IBM_Talent_Retention_Waran_0815_Publish.pdfIBM_Talent_Retention_Waran_0815_Publish.pdf
IBM_Talent_Retention_Waran_0815_Publish.pdfWaranGovindarajah
 
Lecture people entrepreneurship & innovation
Lecture people entrepreneurship & innovationLecture people entrepreneurship & innovation
Lecture people entrepreneurship & innovationJeanne Le Roux
 
Tips for hiring managers
Tips for hiring managersTips for hiring managers
Tips for hiring managersemaj61
 

Similar a Sweeting - How to Catch a Rising Star: Recruiting & Retaining Young Talent (20)

Understanding Your Ideal Candidates
Understanding Your Ideal CandidatesUnderstanding Your Ideal Candidates
Understanding Your Ideal Candidates
 
Maximizing recruiting performance
Maximizing recruiting performanceMaximizing recruiting performance
Maximizing recruiting performance
 
Millennials at workplace
Millennials at workplaceMillennials at workplace
Millennials at workplace
 
Chaos in the workplace
Chaos in the workplaceChaos in the workplace
Chaos in the workplace
 
Managing a Multi-Generational Workforce in a Customer Service Environment - S...
Managing a Multi-Generational Workforce in a Customer Service Environment - S...Managing a Multi-Generational Workforce in a Customer Service Environment - S...
Managing a Multi-Generational Workforce in a Customer Service Environment - S...
 
Recruiting Baby Boomer Volunteers and Managing Volunteer Stress
Recruiting Baby Boomer Volunteers and Managing Volunteer StressRecruiting Baby Boomer Volunteers and Managing Volunteer Stress
Recruiting Baby Boomer Volunteers and Managing Volunteer Stress
 
UMN Startup Conference 2017 - Founding Co-founder - Rizky Muhammad
UMN Startup Conference 2017  - Founding Co-founder - Rizky MuhammadUMN Startup Conference 2017  - Founding Co-founder - Rizky Muhammad
UMN Startup Conference 2017 - Founding Co-founder - Rizky Muhammad
 
How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?
 
How to Pay Millennials
How to Pay MillennialsHow to Pay Millennials
How to Pay Millennials
 
Millennials
MillennialsMillennials
Millennials
 
Vietnam gen y 2014 launch combined
Vietnam gen y 2014 launch   combinedVietnam gen y 2014 launch   combined
Vietnam gen y 2014 launch combined
 
HR Webinar: Zap the Generational Gap!
HR Webinar: Zap the Generational Gap!HR Webinar: Zap the Generational Gap!
HR Webinar: Zap the Generational Gap!
 
The Cream of the Crop: Recruiting the Right Mentors
The Cream of the Crop: Recruiting the Right MentorsThe Cream of the Crop: Recruiting the Right Mentors
The Cream of the Crop: Recruiting the Right Mentors
 
Global Talent Trends
Global Talent TrendsGlobal Talent Trends
Global Talent Trends
 
IBM_Talent_Retention_Waran_0815_Publish.pdf
IBM_Talent_Retention_Waran_0815_Publish.pdfIBM_Talent_Retention_Waran_0815_Publish.pdf
IBM_Talent_Retention_Waran_0815_Publish.pdf
 
Recruiting millenials
Recruiting millenialsRecruiting millenials
Recruiting millenials
 
Lecture people entrepreneurship & innovation
Lecture people entrepreneurship & innovationLecture people entrepreneurship & innovation
Lecture people entrepreneurship & innovation
 
2020 - The Emerging Guide Dog Workforce
2020 - The Emerging Guide Dog Workforce2020 - The Emerging Guide Dog Workforce
2020 - The Emerging Guide Dog Workforce
 
final presentation.B
final presentation.Bfinal presentation.B
final presentation.B
 
Tips for hiring managers
Tips for hiring managersTips for hiring managers
Tips for hiring managers
 

Más de HR Florida State Council, Inc.

Zandy - Discrimination Charge in the Mail? Don’t Be Scared
Zandy - Discrimination Charge in the Mail?  Don’t Be ScaredZandy - Discrimination Charge in the Mail?  Don’t Be Scared
Zandy - Discrimination Charge in the Mail? Don’t Be ScaredHR Florida State Council, Inc.
 

Más de HR Florida State Council, Inc. (20)

Social media carrie cherveny-revised
Social media carrie cherveny-revisedSocial media carrie cherveny-revised
Social media carrie cherveny-revised
 
Cultural competency in the real world cheives
Cultural competency in the real world cheivesCultural competency in the real world cheives
Cultural competency in the real world cheives
 
Zandy - Discrimination Charge in the Mail? Don’t Be Scared
Zandy - Discrimination Charge in the Mail?  Don’t Be ScaredZandy - Discrimination Charge in the Mail?  Don’t Be Scared
Zandy - Discrimination Charge in the Mail? Don’t Be Scared
 
Nelson hr florida millennials
Nelson hr florida millennials Nelson hr florida millennials
Nelson hr florida millennials
 
2011 certification prep workshop
2011 certification prep workshop2011 certification prep workshop
2011 certification prep workshop
 
Mcintyre - Mastering employee relations
Mcintyre - Mastering employee relations Mcintyre - Mastering employee relations
Mcintyre - Mastering employee relations
 
Cherveny - Social media meets employment
Cherveny - Social media meets employment Cherveny - Social media meets employment
Cherveny - Social media meets employment
 
Forst - Pursuing an unemployment benefits claim
Forst - Pursuing an unemployment benefits claim Forst - Pursuing an unemployment benefits claim
Forst - Pursuing an unemployment benefits claim
 
Capwell - Critical background screening resources
Capwell - Critical background screening resources Capwell - Critical background screening resources
Capwell - Critical background screening resources
 
Lyncheski - Hottest legal hr issues
Lyncheski  - Hottest legal hr issues Lyncheski  - Hottest legal hr issues
Lyncheski - Hottest legal hr issues
 
Mills - Reduce your health ins cost
Mills - Reduce your health ins cost Mills - Reduce your health ins cost
Mills - Reduce your health ins cost
 
Gonzales - Extending your brand through facebook
Gonzales - Extending your brand through facebookGonzales - Extending your brand through facebook
Gonzales - Extending your brand through facebook
 
Capwell - Critical background screening resources
Capwell - Critical background screening resources Capwell - Critical background screening resources
Capwell - Critical background screening resources
 
McClure 2011 using social media in hr & recruiting
McClure 2011 using social media in hr & recruitingMcClure 2011 using social media in hr & recruiting
McClure 2011 using social media in hr & recruiting
 
Davanzo -The leader's point of view handout
Davanzo -The leader's point of view handout Davanzo -The leader's point of view handout
Davanzo -The leader's point of view handout
 
Davanzo - The leader's point of view
Davanzo  - The leader's point of view Davanzo  - The leader's point of view
Davanzo - The leader's point of view
 
Cochran - Mobile web 2 sms
Cochran - Mobile web 2 sms Cochran - Mobile web 2 sms
Cochran - Mobile web 2 sms
 
Transforming your biggest expense rials
Transforming your biggest expense rialsTransforming your biggest expense rials
Transforming your biggest expense rials
 
Petersen - Managing a global workforce
Petersen - Managing a global workforcePetersen - Managing a global workforce
Petersen - Managing a global workforce
 
Forment - Workplace health issues
Forment - Workplace health issues Forment - Workplace health issues
Forment - Workplace health issues
 

Último

Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditNhtLNguyn9
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 

Último (20)

Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal audit
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 

Sweeting - How to Catch a Rising Star: Recruiting & Retaining Young Talent

  • 1. How to Catch A Rising Star Recruiting and Retaining Young Talent Eve Sweeting
  • 2. Outline • Demographics • Why Recruit the New Kids on the Block? • Where and How to Recruit Younger Workers • Benefits that X’ers and Y’ers Want • Resources to Learn More
  • 4. Generations Now in the Workplace % in Workforce • Traditionalists • Ages 64 and Over 15% • 58 million 10% Traditionalists • Baby Boomers Baby • Ages 45 to 63 Boomers • 78 Million 29% Gen X • Generation X • Ages 33 to 44 Gen Y • 48 million 46% • Generation Y • Ages 15 to 32 • 80 million
  • 6. Who are the Millennials? • 21% are married (half the % of their parents generation) • 34% are parents • Unlikely to be better off financially than their parents (first generation in a century) • 37% underemployed, 18.8% unemployed
  • 7. Comparison of Gen X & Gen Y Gen X Gen Y • Worried about • Worried about – Money/finances: 27% – Money/finances: 30% – Career/job: 6% – Career/job: 16% – Family: 13% – Family: 7% • Social Media Use: 50% • Social Media Use: 75% • Sleep with their cell • Sleep with their cell phone: 68% phone: 83% • Have a tattoo: 40% • Have a tattoo: 36% • Read the paper: 32% • Read the paper: 23%
  • 8. Why Recruit Gen X & Y • Well- Educated – 40% of 18-24 in college, another 40% want to return to school • Accustomed to diversity/integration • Different thinkers • Multi-taskers • Tech savvy • Driven by excellence • Focused on results • Though Gen Y is larger than Gen X, there is still expected to be a labor shortage in the next 25 years. (FutureWork Institute)
  • 9. Job Postings • Market your company like you market your product • Provide information about your company culture and work environment • ¾ of younger workers look at Company websites to learn about prospective employers • Focus on leadership positions and job growth, benefits that younger workers want
  • 10. Where to Recruit: Company Website • Make your recruiting site interesting • Make it easy to understand – Hiring process – Company values are – Potential career paths • Make it relevant – Use real employees to tell your story
  • 11.
  • 12. Where to Recruit: Colleges • Florida Agricultural and Mechanical University (Tallahassee) • Florida Atlantic University (Boca Raton) • Florida Gulf Coast University (Ft. Myers) • Florida International University (Miami) • Florida State University (Tallahassee) • New College of Florida (Sarasota) • University of Central Florida (Orlando) • University of Florida (Gainesville) • University of North Florida (Jacksonville) • University of South Florida (Tampa) • University of West Florida (Pensacola)
  • 13. How to Recruit: Colleges • Use your current young employees to recruit new young employees. “Millennials are particularly peer influenced.” – Lisa Feldman, UC Berkeley’s Hass School of Business • Use videos or other media that show what life at your company is like: Google Recruitment Video
  • 14. Where to Recruit: Social Media Nearly ¼ of younger job searchers use social networking sites when looking for employment. • TwitHire.com • JobShouts.com • Facebook
  • 15.
  • 16.
  • 17.
  • 18. How to Recruit: Social Media • Highlight current employee achievements • Promote job fairs • Promote specific job openings • Post on a specific job board on Facebook • Employment Network in Sarasota,FL has over 1,200 followers • Employment Network in Port Charlotte/Punta Gorda is growing with almost 300 followers • Suncoast Workforce
  • 19. Where to Recruit: Referrals If you are looking for young professionals, the best place to start is with the YP’s currently working for you. • Offer incentives for referrals • Do have a group membership to the local Young Professionals Group (YPG) • Send your young professionals to local YPG meetings to recruit • Post job opportunities on the YPG website • Become a sponsor of the local YPG
  • 20.
  • 21. Retaining Young Talent: Benefits Top Ranked Benefits Top Job Considerations Benefit Score Consideration Score Salary 9.05 Vacation/PTO 8.82 Benefits 8.86 Flex Hours/ 8.06 Telecommuting Growth 8.74 Opportunities Profit-sharing 7.52 Location 8.44 Subsidized 7.51 education Company 7.95 Mentoring 6.41 Leadership Programs Source: Robert Half International, What Millenials Want, 2007
  • 22. Retaining Young Talent: Work Environment • Casual – Peer to Peer – Access up the Organizational Chart • Fast-paced – Do not want to spend Time paying dues • Flexible hours • Telecommuting Options • Supportive/Mentoring • Community/Purpose Driven
  • 23. Retaining Young Talent: Work Environment Quality Ranking Dress Code Manager I respect 8.74 4% Business People I enjoy 8.69 Casual 26% Jeans 41% Work/Life Balance 8.63 A Mixture Socially 7.42 Responsible Business 27% Company Attire Nice Office Space 7.14
  • 24. Retaining Young Talent: Work/Life Balance • Children of workaholic parents who want a balance • Will check in frequently through tech devices • Want to work smarter – Get things done quickly – Use connections – Quickly research information
  • 25. Retaining Young Talent: Affinity Groups • 40% of the DiversityInc Top 50 companies have generational affinity groups; 88% use employee resource groups for recruiting • Allstate Insurance Co. has a young professional organization with 600-700 employees • Gen Y likes networking with people their own age. Growing up with social networking has encouraged this feeling of community.
  • 26. Retaining Young Talent: Motivating & Recognizing Motivation • Personal fulfillment opportunities • Career planning guidance • Importance in the organization (not job position) Recognition • Continual feedback • Praise when deserved • Rewards in the form of time off or other benefits
  • 27. Recap • 48 Million Gen X’ers & 80 Million Gen Y’ers • Untraditional Recruiting Techniques • Facebook, YouTube, TwitHire • Untraditional benefits • Telecommuting, Mentoring, Affinity Groups, Personal Fulfillment Opportunities • Lead to an untraditional workforce
  • 28. Resources • The Pew Research Center • www.pewresearch.org • Robert Half International/Yahoo Hot Jobs Study • What Millennial Workers Want: How to Attract & Retain Gen Y Employees • Diversity Inc. Magazine & Website
  • 29. Questions? “Understanding Generation Y is important not just for employers. Older workers--that is, anyone over 30--need to know how to adapt to the values and demands of their newest colleagues. Before too long, they'll be the bosses.” Read more: What Gen Y Really Wants TIME Magazine July 5, 2007