How to improve your employee’s experience and increase retention rates in 2017

Inspired employees are ones that have great experiences in the workplace.

Are you looking to cut hiring costs? There’s no better way to do so than by retaining employees.

“70% of millennial employees want to start their own businesses at some point.”

However, it’s not easy to do so. A report published by Deloitte noted that a large part of the global workforce – roughly 35 percent of employees – are made up of millennials. And 70 percent of these employees want to start their own businesses at some point. Twenty percent would rather not work for corporations with more than 10,000 employees.

While we could discuss millennial workers for hours, here’s what you need to know: Millennials are entrepreneurial at heart and are fearless (and sometimes inpatient) when it comes to looking for opportunities that perfectly align with their professional expectations and lifestyle needs. Other generations act differently, and the disparities between groups of employees can make it difficult for companies to pinpoint exactly how to increase retention rates.

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