Among millennials, there is a collective shout to employers to develop them, mentor them, and give them opportunities to lead. Companies that offer their youngest employees the ability to grow within their organization are more likely to hang on to them or prevent job-hopping.
According to the 2016 Deloitte Millennial Survey, 63% of millennials say their leadership skills are not being fully developed. It also found that those intending to stay with their organization for more than five years are twice as likely to have a mentor (68%), than not (32%).
It’s safe to say that companies who fail to invest in the area of developing young employees are likely to lose them. Millennials are frequently looking for purpose in their work, so allowing them to explore that space while they move through their career will increase their enjoyment with their job.