The tendency for that highly-scrutinized generation which now outnumbers Baby Boomers[i] to change jobs at a faster pace than their predecessors generates significant attention in news articles and research studies, but this well-documented inclination among Millennials reveals only the proverbial tip of the iceberg beneath the waterline of this disruptive and expensive trend.[ii]
Defined as individuals born between 1980 and 1998 (the upper number differs depending on the source, but falls within the 1995-2000 range), they are a unique body within the workforce, and their defining characteristics are forcing companies to rethink and revise their approach not only to employee retention but more generally to overall workplace culture, management structure, training methods and corporate communications.