Managing talent over the next five years will be completely different than how it has been done over the past 20. By 2025, millennials will make up 75% of the workforce and technology is going to play a large role in how you attract and retain that talent pool.
So how do employers meet the changing expectations of their employees? In the past, the relationship was motivated mostly by finances. So, as long as the employer was providing adequate compensation, the employee was mostly satisfied. These days, other factors are playing a larger role, such as training and career development through learning opportunities to increase the employee’s skill set.