Studying Big Data - Purpose: To Retain Talented Millennials

Dear HR, Training and L&D Champions,

Studying Big Data - Purpose: To Retain Talented Millennials

We all know about the statistics that says 'millennials will only stay at their company for 2 to 3 years max'. Surely this is an alarming button for the Talent  and HR Department.  So what can you do better?  We identify this through Assessment first which is studying data...'advertisement companies are calling this BIG DATA.

Listening closely to the various generations will give HR greater understanding of the motivations of each segment and help define dimensions os different value propositions:  COMPENSATION, VACATION TIME, WORKING HOURS AND DURATIONS.

Big Data's purpose for the Talent Departments and HR Departments is to understand employees better and measure , assess the impact of HR initiatives on employee satisfaction, performance and retentions.  Here are 3 ways why data is needed:

1. Data can be analysed to understand the value of each dimension (mentioned above) to propose best propositions for different employee profiles.

2. Data can be used to define packages to employees proactively

3. Data can be used for historical purposes

So start equipping yourself today by doing research online first, read books from the bookstore and than only going for training.  

Hope you have learnt!

Regards,

Cheryl Lourdes & The MatchMakers - We Consult, Match & Screen Best Expert Trainers in Town!

TLMM' recent validation since started in Y2010:

·         Award Winner 2015 for Best Background Screening Provider By Human Resource Vendor

·         Award Winner 2017 for HRD Movers and Shakers Best Innovation Practices in Learning and Development

·         Award Winner 2017 for Best Background Screening Provider By Human Resource Vendors