Generation Y: Faster Impressions

Published by Alice Snell, on 20/09/2008

You’ve strategized and socialized—sourced, assessed, and interviewed. Now your company better hurry up and walk the talk. Because HR departments are reporting that there is a higher rate of new hire turnover among Millennials.

After you invest all the resources to catching Gen Y entry-level talent, a Novations Group study quantifies your opening risk window in the timeline for retention.

In your experience, how much time do employers have to “prove” to employees in their 20s that the company is the best place for them?

• 1 month……..26%
• 1-6 months…..51%
• 6+ months……22%

First impressions mean a lot. You don’t have much time to deliver on the promise of your employment brand. And you need to engage these new hires immediately with a tech-savvy approach to getting onboard and productive.

More effective onboarding, anyone?