Sing Tao News Corporation Limited / Marketing Manager
Attracting, Managing and Retaining the Millennial
The Millennials Matter to The Employer The majority of graduates joining the workforce in this present era will be the millennial generation, born between 1994 and 2000. Millennials matter to employers because they are not only different from those that have gone before, they are also more numerous than any since the soon-to-retire Baby Boomer generation. By 2020, Millennials will form 50% of the global workforce (1). They are now entering employment in vast numbers will inevitably shape the world of work for years to come. Despite surging numbers of job openings and falling unemployment world-wide, employers are struggling to fill positions with qualified candidates. This skills gap extends from entry level positions up to more experienced roles, and encompasses many industries. As Millennials continue to dominate the labor force, employers will rely on them more to fill these gaps.