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Millennials already make up 31% of employees in new car dealerships and are 48% of all new employees, mainly in sales consultant and service technician roles according to the NADA Dealership Workforce Study. By 2025, 75% of the US workforce will be made up of millennials.
Millennials have grown up with technology and are used to immediate access to information and services. Collaboration and consultation are important, millennials tend to appreciate immediate and relevant feedback.
When hiring millennials:
Encourage a collaborative workplace:
To encourage and engage millennials:
In the work environment:
|Top reason why new hires leave within first year*|
|Poor fit based on skills required||30%||29%|
|Missed expectations on duties/schedule||31%||26%|
|Inadequate assimilation and coaching||12%||17%|
|Lack of advancement opportunities||14%||13%|
Source: TalentKeepers webinar January, 13, 2015