How to Recruit, Incentivize and Retain Millennials

Description

‘What do millennials want?' is a big question facing organization these days. HR managers are looking for recruitment strategies that can help achieve the optimal person–organization fit. Several organizations have already started implementing innovative practices to attract and retain millennials. They are unique in their characteristics and consumption pattern. Millennials are known to have forced several organization to adapt the workplace and work environment. Their varied ways of life are also reflected in their work settings. Millennials enter the workforce with unique needs, characteristics, expectations and personalities. These differences pave the way for new challenges that contemporary organizations encounter on a regular basis. This book demystifies the problems faced by HR managers and recruiters when hiring and working with millennials. It offers descriptive and prescriptive insights on leveraging the millennial talent. Cover Contents Foreword Dr Subramanian Swamy Foreword Dr Satya Pal Singh Preface 1 Millennials and Other Generations 2 Why Are Millennials the Way They Are? 3 Generational Diversity in the Organizational Context 4 Challenges of a Millennial Workforce 5 Strategies of Managing Millennials: Industry’s Best Practices 6 Strategies for Recruiting Millennials 7 Strategies for Incentivizing Millennials 8 Strategies for Retaining Millennials 9 Leveraging on the Strengths of the Millennials: Industry’s Best Practices 10 Understanding and Strategizing Millennial Job Search Process 11 Succession Planning of Millennials in Family Business About the Author