Millennials now account for the majority of the workforce. Last year, when the working population of this age group reached 53.5 million, the group of 18-34-year-olds claimed the title. 

Human resource managers must take a different approach and make use of a whole new range of skills while recruiting young professionals. Here, we look at four strategies for attracting and retaining young people in the workplace.

Photo by Austin Distel on Unsplash

Use innovative and creative recruitment tools

Newspaper advertising and word-of-mouth would not lure a millennial workforce. More modern recruiting methods should be used by businesses.

Millennials, for example, are highly mobile. According to research, 47 per cent of people use only their smartphone to look for work, and 62 per cent look for openings on social media sites. utilize your social media accounts for recruitment; even if they are not interested, they may share or tag friends and work colleagues that are.  Read more...

Keeping track of your finances is important when running a business. If not for the purpose of covering outgoing expenses such as salaries, but rather so that you can apply for loans if and when necessary. We hear you asking, “Why would you need to do that?” There are a variety of reasons why you would want to apply for a flexible business loan, but one of the most important is to support the expansion of your rapidly expanding small business. A well-thought-out cash infusion will provide the impetus for your small business’s growth. Here are some suggestions for improving your small business’s financial choices.

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