There has been an abundant amount of buzz surrounding millennials the past several years. The media keeps releasing articles and reports, telling us all about this young and ever growing piece of the workforce. Granted, this is essential information if you’re hiring millennials. But what about after you make the hire? What do managers need to know about retaining their fledgling talent?

Before I dive into some tips of managing millennial workers, lets take a look at what most of us might already know about Generation Y:

• Culture is key. Millennials prefer a workplace that’s open, laid-back and operates with a flexible schedule.
• They’re looking for purpose. They want their work to mean something. Therefore, things like money and perks aren’t as important.
• Millennials prefer a 40-hour workweek. Life outside the office takes priority over ‘climbing up the ladder.’

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