According to a recent article in HR Magazine, half of all U.S. college students would be more likely to accept a job that offers higher pay, but less career satisfaction, in order to repay their student loans. So what does this mean to your organization?
If you want to lock in young talent, then consider offering competitive salaries, and benefits that ease the student debt burden including scholarships, loan assistance and tuition reimbursement,so Millennials can continue their education while working for your firm.
Or, if you prefer, you can plow this money into hiring and training replacements that are exiting faster than you can bring them in the door.
