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Companies should invest more in learning and development programs and proper mentoring programs. They will soon form half of the workforce in the next one year and three fourth by 2030. To retain them, organizations must foster an environment where they can learn, grow and advance.
Here are a few facts: By 2030, the global skill crisis will reach a shortage of 85 million people. Provide skill-development opportunities and offer mentors. The larger the organization, the harder it is to find the right fit and retain the employees they manage to get on board. Facilitate job rotation.
They will soon form half of the workforce in the next one year and three fourth by 2030. Companies should invest more in learning and development programs and proper mentoring programs. Employee benefits must evolve from traditional ones to more creative ones. Millennials already form the largest section of the workforce.
Also, assign them a mentor to help them around. Leaders are the mentors that employees look up to. For better results, you might need to train the mentors. Millennials employees are going to be 75% of the workforce by 2030. So provide them with a smooth onboarding so that they are enthusiastic about starting work.
This could include online courses, workshops, conferences, or mentoring programs. As per the World Economic Forum at COP25 , the United Nations highlighted the significant role of innovative solutions in realizing the Sustainable Development Goals by 2030.
By 2030, 75% of millennials are likely to make up the workforce. Mentoring, training and professional development opportunities that indicate how to advance in their careers will keep millennials engaged and contributing to your organization. With the dawn of the new age, your workforce is most likely to be full of millennials.
billion by 2030 at a Compound Annual Growth Rate (CAGR) of 24.1% Encourage leaders to mentor and be mentored, creating a collaborative environment where insights and experiences related to digital leadership are exchanged. The global Digital Transformation Market size is to grow from USD 695.5 billion in 2023 to USD 3,144.9
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