{"id":583,"date":"2018-04-16T14:17:08","date_gmt":"2018-04-16T08:47:08","guid":{"rendered":"http:\/\/121.241.245.24\/?p=583"},"modified":"2024-09-02T11:44:51","modified_gmt":"2024-09-02T11:44:51","slug":"decreasing-attrition-hr-outsourcing","status":"publish","type":"post","link":"https:\/\/www.alldigitech.com\/2018\/04\/16\/decreasing-attrition-hr-outsourcing\/","title":{"rendered":"What does decreasing attrition mean for HR Outsourcing?"},"content":{"rendered":"
The \u2018job hopping\u2019 phenomenon rampant in millennials might just have passed. Congratulations on holding strong!<\/p>\n
Of all the stereotypes we attribute to millennials, the one that impacts organizations is whether a new hire will last the year, let alone a decade. Interviewing techniques and questions have evolved with changing trends in talent pools, leaving HR departments wrung out and tired of A\/B testing.<\/p>\n
Two decades ago, no one would have thought to ask a potential hire where they see themselves in two, five or ten years from the time of interview. But then again, two decades ago HR departments weren\u2019t as standardized and high functioning as they are today. Over the past decade we see that more millennials would rather work out of a coffee shop, choosing their hours of work and demanding their preferred wages.<\/p>\n
The changing psychology of newer talent however, suggests that millennials might finally be ready to settle into a job and stay for the long haul. As a\u00a02017 Deloitte Millennial Survey<\/a>\u00a0has found,<\/p>\n While these statistics are heartwarming to see, there needs to be a deeper understanding for this change, and the pressure it puts on the HR function.<\/p>\n On one hand, the undeniable aging of millennials is considered to be a primary cause. Most now fall under the 27-37 age bracket, they make headway in their personal lives by way of marriage and start their own families.<\/p>\n On the other hand, organizations are beginning to attract the right type of talent with their unmatched perks and assurance of stability. However, with each hire bringing a different deal to the table, HR departments are now working overtime to complete the simplest of tasks.<\/p>\n\n