To engage a millennial of course their pay needs to be reasonable and fair, but that is only one part of the loyalty equation…
Increasing the salary package might keep a millennial with you a bit longer, but it won’t solve the problem of loyalty. What will keep them engaged long-term?
- Effective management and leadership
- Opportunities to progress
- Positive workplace culture
- Flexible working options
- Training and development
As a solution for loyalty, pay is only part of the equation.