Today we recruit and retain our best employees primarily through financial means. We attract talent using extrinsic incentives, such as an attractive salary, good benefit package, and flexible work arrangements. The competitive nature of hiring the best candidates has forced many companies to offer creative (and expensive) packages. What’s changed? Today’s employees come from a different generation and subsequently have completely different motivators. Money is not the primary driver for this new generation. In fact, one study shows that 50 percent of millennials would rather have no job than have a job they hate.
How do you prepare your organization for this new reality?
1. Embrace flexible and distributed workforces.
2. Hire employees who share in your greater mission.
3. World-changing work gets done.
4. Business accelerates.
There is no easy button or magic formula to prepare you for the coming market changes. Rather, we encourage that you experiment -- test and adapt new models today to prepare your organization for the new phase shift that is yet to come.
It’s time to embrace the future.
Click Here to read more about “Why Your Best Employees Won’t Work for You in the Future – and that it’s not a bad thing.”
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