Today’s workforce is undergoing a significant demographic shift as more Baby Boomers approach retirement and Millennials continue to flood the workforce. In fact, by 2025, Millennials — those born between 1981 and 2000 — will account for 75 percent of the global workforce. This increased generational diversity is forcing businesses to rethink how they engage, develop, and manage their workforce to stay competitive and profitable.
In this webinar replay, John Frehse, managing partner at Core Practice, discusses how employers can satisfy Millennials’ desire for flexibility and autonomy while streamlining workforce management processes for bottom-line results. You’ll gain insight into:
- How flexible scheduling, self-service, and mobile capabilities can help engage multigenerational employees without compromising corporate governance, compliance, or service levels
- Why understanding true labor costs can help you effectively balance workforce productivity, engagement, and compliance
- The importance of measuring employee absenteeism, retention, and productivity for optimizing workforce strategies, budgets, and performance