Retaining Millennials in Today's Workforce

Instructor: Bob Verchota
Product ID: 705960
  • Duration: 60 Min
In this HR compliance webinar attendees will learn why Millennial and other employees stay or leave and learn practical techniques you can use to retain the best employees.
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Course "Retaining Millennials in Today's Workforce" has been pre-approved by SHRM as eligible for 1-credit and HRCI as eligible for 1-credit towards a participant's recertification upon full completion.

The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program.

Why Should You Attend:

The Millennial generation is a force to be reckoned with. They are talented, innovative, entrepreneurial, and creative. They are also highly mobile and prone to job hopping. Retaining top talent is a key business imperative and old strategies are no longer effective.

More than 60% of Millennials leave their company in less than three years and their turnover is greater than any other generation. In addition there are now more Millennials than Baby Boomers in the workforce. 60% are open to a different job and 36% will look for a new job in the next year. No question they have their own style, attitudes, and beliefs. Unfortunately most companies don’t have a focused retention strategy to retain these important employees.

The good news is that Millennial prefer to stay with the same company and they will if given the right environment and opportunities. There are strategies and tactics that can improve retention rates.

Learning Objectives:

  • Why Millennial employees stay or leave
  • How to measure turnover
  • The relationship of compensation to employee satisfaction and motivation
  • The relationship of leadership to retention and turnover
  • How to create a workplace "community"
  • Why recruitment and interviewing are important in managing turnover
  • The importance of "Stay interviews"
  • 135 ideas for reducing turnover
  • 10 steps toward great retention
  • Ideas for more effective onboarding
  • Importance of realistic job previews
  • 7 steps to giving effective recognition
  • Linking benefits to retention
  • The 5 components of the retention model
  • Keys for millennial retention

Areas Covered in the Webinar:

  • Cite factors that contribute to Millennial employee turnover
  • Identify strategies for retaining employees
  • Understand the link between leadership, employee satisfaction, and turnover
  • Measure employee turnover
  • Cite three factors that contribute to employee motivation
  • Understand the priorities of the Millennial generation

Webinar Benefits:

  • Live question and answer session
  • Copy of speaker's presentation slides
  • 146 Retention Strategies
  • Questions for conducting stay interviews

Who Will Benefit:

  • Individuals responsible for employee retention
  • Human resources
  • Employee development
  • Leadership and management
Instructor Profile:
Bob Verchota

Bob Verchota
Owner and Senior Consultant, RPVerchota and Associates

Bob Verchota is owner and senior consultant for RPVerchota & Associates, a consulting firm providing services to clients who seek to align their business and employees, creating successful outcomes and excellent work environments. After 30+ years in Human Resources senior leadership roles and teaching both undergraduate and graduate courses in Leadership and Organizational Development, Bob transitioned to using his experience and skills in consulting.

Mr. Verchota provides solutions to companies for a wide variety of HR issues including training and development, compensation, compliance, policy development, performance management, employee relations and managing change from mergers and acquisitions to project specific disruptions of the status quo.

Bob has an undergraduate degree in Business Administration, graduate degree in Healthcare Administration, and doctoral work (ABD) in Organizational Development. He is a lifetime Senior Professional in Human Resources.

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Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

If you have any concern about the content of the webinar and not satisfied please contact us at below email or by call mentioning your feedback for resolution of the matter.

We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email customercare@complianceonline.com call +1-888-717-2436 (Toll Free).

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