CAPE TOWN – Employers will continue failing at recruiting and retaining younger employees if they do not align their expectations to those of prospective job seekers, says Managing Director at HR Company Solutions, Madelein Smit.
“What we are finding is that employers are not being realistic about the salaries that they are offering entry-level candidates in 2019’s economic climate. Often employers will ask jobseekers to have a higher education qualification, their own transport and to live close by to their area of work while offering to pay them less than the industry average,” Smit says.
She says employers cannot use metrics from 10 years ago to justify salaries in 2019.
“Employers need to understand that millennials and Gen Z hold different notions of work than their parents. They are purpose driven and have access to an abundance of information, including the average remuneration packages for their industry. As the adage goes, you get what you pay for and if you are looking for a millennial to stay with your organisation in the long term, you need to make it worth their while,” Smit explains.
A survey from Jobvite found that 30% of new employees quit in the first 90-days of being employed. Forty-three percent said their day-to-day role wasn’t what they expected, 34% report that an incident or bad experience drove them away, and 32% didn’t like the company culture.