Money may lure millennials to your firm, but it won’t keep them

Excerpt from the LinkedIn Daily Rundown published on May 18, 2018.

Directional signs symbolizing work-life balanceA study from Deloitte found that 43% of millennials surveyed plan to leave their jobs within two years. What’s driving them to the exits? A lack of commitment to diversity, inclusion and flexible work arrangements. The survey found that pay is a key recruiting tool, but it’s not enough to retain these workers. Overall, millennials’ faith in their employers is eroding, with less than half saying they believe their companies behave ethically, a drop from 62% in 2017.