Developing and Retaining a Multigenerational Workforce

A strong focus on employee development can pay dividends to the employee, manager, and organization. As organizations strive to be employers of choice and engage and retain top talent, development becomes a key initiative. Many candidates evaluate organizations based on their development offerings. Existing employees who feel valued, have opportunities for career growth, and can utilize ongoing learning will be more likely to stay with the organization. Additionally, organizations can nurture their top performers and draw from a strong bench, moving them into supervisory, manage­rial, and leadership positions.

Studies have shown that coworkers learn more from each other than they do from formal training, making it important for organizations to establish a culture of coaching across age groups.

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