New research from the Center for Talent Innovation (CTI), of which Joan Kuhl, Founder, Why Millennials Matter is a co-author finds otherwise: “flighty” describes only those Millennials who have a financial safety net. The vast majority (91 percent)—those whose families could not support them indefinitely if they were quit or lose their jobs, or who do not receive financial gifts from family members totaling at least $5,000 per year—are loyal, committed professionals.
Mistaking the majority for a flight risk, employers withhold investing in this cohort. That’s a mistake that multinational companies can ill afford, as Millennials, and not the smaller Gen X cohort, are the bench strength for leadership.
The research has been published in a new book, Misunderstood Millennial Talent: The Other Ninety-One Percent, where we bust other myths about employees between the ages of 21 and 34 to stress the imperative to talent specialists of investing in this next generation of leaders. We also spotlight Millennials in seven global growth hubs: UK, China, Hong Kong, India, Singapore, The Philippines and Brazil.
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