Unless you’ve been living in a digital desert, you’ve surely noticed a headline that reads something like this: “Millennials are killing the chain restaurant industry.” Or perhaps you’ve heard a younger person make a crack about the lack of tech-savviness prevalent among Baby Boomers. And surely you’ve seen the Gen-Xer middle-aged caricatures, the manager-seeking Karen as well as Tom after buying insurance!
Last week, we took a look at how to sustain your business with the features that GSuite has to offer. A big part of sustaining your business is retaining talented employees. Small businesses are greatly impacted by high turnover rates. Severance packages, training new hires, advertising for job openings, and interviewing candidates also cuts into businesses overall revenue. A high turnover rate can also lead to low morale within the company, in which employees look for excuses to leave. But here’s the good news! By 2021, 50% of the workforce will be made up of Millennials. There has been extensive research done on the engagement and work habits of Millennials, and it shows the following trends: Read More