Y Stay: Employee Retention of Generation Y

“I quit,” a statement most employers do not want to hear coming from their employees. Employee turnover is costly to any organization in that it calls for recruiting replacements, training those replacements, and bringing productivity back to an optimal level. However, this becomes increasingly important by the year 2014. The U.S. Bureau of Labor Statistics show that by 2014 we will be in a severe workforce deficit. “According to the U.S. Bureau of Labor Statistics, in 2014, baby boomers will be ages 50 to 68 years, and this age group will grow significantly over the 2004-2014 period. The labor force will continue to age, with the number of workers in the 55-and-older group projected to grow by 49.1 percent, nearly 5 times the 10 percent growth projected for the overall labor force.” These statistics mean that organizations suffering through the mass exodus of retiring workers must also focus on recruiting their replacements. These will not just be entry-level positions either. Employers will spend a lot of money recruiting, training this new workforce, and hope they stay around long enough to be beneficial. Read the rest of this entry »

New things coming!

Hello everyone!

I know it’s been forever since an update, however that is finally going to be changing. I have finally graduated this past May with my Master’s Degree in Industrial Organizational Psychology. Lot’s of people ask me what that exactly is, and to save a little time and webspace simply click here.

I have new things in the works now that I have “free time.” Some of the new things that are going to be happening:

• Site Redesign
• New Content
• New Sections
• Better Forums

So, hopefully these things will happen more quickly. So keep checking back!

Later,

Jerry