Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

People

If innovative CEOs want their companies to attract the next brightest minds, they should save the cash bonuses and give their younger workers a strong mentor instead.

According to the 14th Annual Global CEO Survey by PricewaterhouseCoopers, 98% of Millennials believe working with a mentor is a necessary component in development. In fact, they ranked training and development three times higher than cash bonuses as their first choice in benefits.

With social media and technology playing such a influential role in the Millennials' daily lives, the way they judge a successful organization and hierarchy will differ from their parents.

 

To read the full, original article click on this link: If You Want to Retain The Best Young Workers, Give Them A Mentor Instead Of Cash Bonuses

Author:Vivian Giang