Attrition Analysis

Factor Analysis

Recommendations

Conclusion

Understanding the current Attrition Rate in Millennials

Percentage expected to leave in the next five years

Attrition Rate in Millennials

Deloitte Conducted a survey in 29 Countries

In each of the 29 countries where Millennials were surveyed, a majority believe they will have left their organizations before 2020 has passed. Rate in
Millennials
Analysis | From the data provided above it can be reasonably inferred that there is a huge lack of loyalty in millennials and from this inference it could be
assumed that there is a lack of motivation amongst them

Millennials have one foot out the door, The Deloitte Millennial Survey 2016(2016), Deloitte US, http://www2.deloitte.com/global/en/pages/aboutdeloitte/articles/gx-millennials-one-foot-out-the-door.html#loyal://www.forrester.com, accessed August 2016

Attrition Analysis

Factor Analysis

Factors Contributing to

Recommendations

Conclusion

Understanding Aspirations

Attrition

Orthodox Learning and Development Model in Organizations

Priority Chart of Millennials &

Employers

Absence of Individualized career path

Aspiration to be Successful within a short duration
Lack of Open and Free Flowing Communication
Absence of Continuous Feedback

Leadership Ladder

Millennials have one foot out the door, The Deloitte Millennial Survey 2016(2016), Deloitte US, http://www2.deloitte.com/global/en/pages/aboutdeloitte/articles/gx-millennials-one-foot-out-the-door.html#loyal://www.forrester.com, accessed August 2016

Attrition Analysis

Factor Analysis

Recommendations

Conclusion

Recommendations to Satisfy the Aspirations of Millennials

Formulizing Individualized career path
Holacracy

Continuous Learning and Development Model

Platform for Continuous Feedback and Evaluation

Moving from Human Resource Management to
People Aspiration Management
Continuous Mentorship Programme

Its not too late to earn Millennials loyalty, The Deloitte Millennial Survey 2016(2016), Deloitte US, http://www2.deloitte.com/global/en/pages/aboutdeloitte/articles/gx-millennials-how-to-earn-millennials-loyalty.html#report, accessed August 2016

Attrition Analysis

Factor Analysis

Recommendations

Conclusion

Conclusion
Shifting from a centralized corporate-oriented learning platform to a learner-centric one topples many long-held
beliefs in the HR community.
Millennials will likely find it easier to make this change than HR departments because this new world is already
part of their mobile, social, and online lives.
For Millennials, business, learning, and HR leaders must conceptualize a new mind-set that puts them in focus,
redesigning programs to harness the power of technology, digital disruption and the amazingly diverse wealth
of instantly available external content, and offering great user experiences to millennials

Presentation by SCMHRD 1st Year Team |Murphys Law

Akash Paul Lakra | Akash Jamdar| Nihar Dawda