Park City, Utah (PRWEB) October 20, 2013
Today, Zane Benefits, the number one online small business health benefits solution, published new information on employee retention with Millennials.
According to Zane Benefits’ website, one way small or growing businesses can gain a competitive edge is to focus on employee retention. Frequent voluntary turnover has a negative impact on employee morale, productivity, and company revenue. Recruiting and training a new employee requires staff time and money. And turnover is especially high with the Millennial generation.
As with previous generations, employees attach importance to pay and career track record. Younger generations value this too, but they also want to feel supported and appreciated in return for their contributions -- praised even. Millennials are also more motivated to stay with an employer if they feel their work has a strong economic or social purpose.
Zane Benefits provides practical strategies for retaining the younger generations of employees.
- Create opportunities to grow professionally, and personally.
- Allow young employees to be exposed to top-level management in the company, even as early as during training.
Help your employees find meaning in their work.
- Along with training the new employee, allow the employee to share his or her knowledge and skills with the company.
About Zane Benefits
Zane Benefits was founded in 2006 to provide a revolutionized SaaS (Software-as-a-Service) administration platform ("ZaneHealth") for defined contribution health care. The flagship software provides a 100% paperless administration experience to small businesses and insurance professionals that want to offer better health benefits without a traditional group health insurance plan at lower costs. For more information about Zane Benefits, visit http://www.zanebenefits.com.