Want to Retain Top Millenials? Here’s What They Want

January 10th, 2017

There’s no denying the growing influence the millennial generation is exerting on the world of business. The healthcare industry is no exception to this trend. Their sheer numbers mean your medical organization probably employs these younger workers right now, and keeping their talents in-house plays a big role in your success.

Let’s take a closer look at a few strategies aimed at retaining millennial healthcare workers. Understanding what this generation needs is the key to satisfying their professional hopes and dreams. Hopefully, these insights ensure your medical office maintains its optimal staffing level.

Timely Performance Feedback is Important

Millennials increasingly feel the venerable annual review simply wastes their time. Any criticism – even if it’s constructive – isn’t helpful when received months after the fact. Regular and ongoing feedback is a large factor in employees steadily improving their performance over time.

Many companies now provide commercial real-time employee management applications to help leaders give the feedback that millennials desire. Fortune 500 companies, like GE and Accenture, leverage these tools instead of annual reviews. Consider researching and implementing a similar system at your medical office instead of a formal review process.

A Chance for Professional Growth Is More Important than Salary

Traditional perks like a high salary and robust benefits package aren’t as important to this younger generation compared to earlier times. Of course, this doesn’t mean you can low-ball them when making an offer – a competitive salary is a must. Millennials are more interested in professional growth, and will look elsewhere for other opportunities if they feel a chance at promotion isn’t available with their current employer.

Spending money on a training program and offering tuition reimbursement helps to maintain the loyalty of your younger workers. Consider requiring anyone receiving assistance to sign a contract agreeing to stay with your organization for a period upon graduation. This helps give your staff professional growth while ensuring your company maintains a high rate of retention.

Transparent Channels of Communication

Millennials grew up in an age where technology and transparency are commonplace. They want an employer who’s open about communication and where opinions are shared freely and honestly. Fostering an environment of mutual trust is a great way to retain your younger talent.


When you need additional insights on building – and retaining – a great medical team, talk to the experts at Pinnacle Workforce. As one of the top staffing agencies in the healthcare industry, we provide the best candidates for your organization. Schedule some time with us at your earliest convenience.

© Year Pinnacle Workforce. All Rights Reserved. Site Credits.