Wednesday, June 11, 2014

How to retain your Millennial talent - Hire a Concierge!



In today's competitive work-force they are touchscreen-tapping, instant messaging multi-taskers who’ve grown up in a world of friending, trending, googling, facebooking, tweeting and instagram.  
They are Generation Y, or “Millennials,” and it is estimated that by 2025, they will make up roughly 75% of the world’s workforce.
For companies trying to maintain a competitive edge they must become Millennial-friendly. The corner office, prestigious title and promises of a 5% annual raise are no longer incentives that speak to the growing Millennial workforce.  Investing in employees’ well-being and personal fulfillment is more important than ever. 
Unsurprisingly, one of the companies that caters best to Millennials’ work style is Google. With on-site hair salons, swimming pools, a coin-free Laundromat and even language classes included in the corporate benefits package, Google is well known for its creative recruitment and retention strategies for top talent. Of course, not all companies can afford Google’s unique benefits package—yet companies of all sizes can get creative with a more practical benefits solution: corporate concierge programs.
Acting as a virtual personal assistant, a corporate concierge program combines Millennials’ three favorite things: it allows them to multi-task, produces instant results, and most importantly, improves the quality of their personal lives. A corporate concierge program takes care of employees’ numerous life to-dos, making it much easier to catch the late afternoon lunch, plan a cocktail party for friends, or just kick back on the couch to enjoy a relaxing family movie night. 
Saving time, reducing stress, and improving retention turn into major cost savings and productivity gains for employers, especially considering employees spend up to 2.5 hours of the work day on unavoidable personal tasks. Companies can rest assured that a concierge program will keep multi-generational employees happy and productive, but most importantly, that it will keep them at all.
Locally, Balance InStyle is catering to many Corporate clients and their Millennials' offering them a myriad of solutions all with just one call. It's really a win-win. You will the war on talent, they win the war on time. #success
Credit: Ann Clarke - Dr. Clark is one of the original Certified Employee Assistance Professionals (CEAP) and a licensed Marriage and Family Therapist.