Paying employees large monetary salaries is often not enough in the current climate for companies to attract top-tier workers, especially professionals from the millennial generation.
There are a lot of factors that go into creating the ideal workplace for the new workforce generation, and these factors often transcend what we might often consider to be the hallmarks of a perfect work environment (i.e. company culture, available resources, brand recognition, or even compensation and benefits).
As more and more millennials become a part of the existing workforce, a contemporary need to redefine the c-suite emerges, with a
As a generation bred for innovation, the advantages of hiring millennials for executive roles are unparalleled.Continue reading
Statistics show that the leadership crisis is real—so real, in fact, that nearly 50% of recently-promoted managers fail in the first eighteen months of employment (source: Leadership IQ). Worse yet, this failure rate is expected to be higher, some say as high as 75%. According to a report by Challenger, Gray & Christmas, our outplacement partners based in Chicago, there have been 1,107 CEO departures so far this year.