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Mobile
of US adults have a smartphone; 38% have a tablet62%
Connected
people have accessto the Internet
3 Billion
2014
Connected
Video
hours of video watched per month6
Billion
Social
of all internet users are now active in social media72%
2014
Connected
Content
2014
0
10
20
30
40
50
60
2005 2010 2015 2020
Rise of Millennials in the Workforce
Traditional Baby Boomers Gen X Millennials Gen 2020
Connected
Content
Workforce
Losing a quality employee is much more costly than losing a customer
Consider the costs:
Exit Costs Recruiting Interviewing
Hiring Orientation/Training Reduced Morale
Lost ProductivityCustomer
DissatisfactionReduced/Lost Business
Administrative Costs Lost Expertise Etc.
1-2 YEARS of pay and benefits per employee turnover
Plus: External factors for customers, other employees, and business operation
% Millennial turnover(Multiple Generations @ Work survey)
% Leadership Gaps(Bersin by Deloitte, 2013)
% Skill Gaps(Manpower, 2013)
Maintaining a Productive Workforce is Hard
925460
Changing business practices coupled with future trends drive the need for
HR leaders to become marketers