millennials-onboard-young.pngSix in 10 millennials say they’re open to new job opportunities, and just one in two plan to be at their current employer a year from now, according to Gallup.

How can companies get millennial employees to stay?

Employee engagement may be the solution. Engaged millennial employees are 64 percent less likely to say they’ll switch jobs if the market improves than disengaged ones.

Millennials who are engaged at work are also 26 percent less likely than ones who aren’t to say they’d consider taking a job with a different company for a raise of 20 percent or less.

With millennials comprising 38 percent of the U.S. workforce — a number that’s expected to swell to up to 75 percent by 2025 — having Gen Y members frequently change companies in large amounts could have a significant effect on the job market.

For more on Gallup’s findings, including additional thoughts on how to increase retention of millennial employees, click here.
{{cta(‘f9a9b5fe-c4b3-43f7-852f-b736b795a98c’,’justifycenter’)}}