Auto logout in seconds.
Continue LogoutIn 2016, millennials surpassed Baby Boomers as the largest living generation in the United States. As more and more millennials have entered the nursing workforce, health care leaders have confronted a growing challenge: young nurses are turning over at higher rates than their older peers, especially early in their careers.
Use the strategies and best practices in this study to build a millennial-specific retention strategy for your organization.
The popular press often paints millennials with a broad and negative brush. As a result, when nursing leaders see high turnover in their youngest staff members, they tend to assume that there is something fundamentally different about millennial nurses. Yet nurses under the age of 35 are far more similar to older generations of nurses than they are different. The workplace factors that engage millennials are nearly identical to the factors that engage nurses of all ages.
This similarity leaves nursing leaders with a dilemma: if young nurses are so like their older colleagues, then why are they turning over at higher rates? Our analysis of the Advisory Board National Employee Engagement Database reveals the answer. Engagement usually mirrors loyalty: engaged employees of all ages are more likely to stay at their organization, while disengaged employees are more likely to leave. However, unlike other age cohorts, millennials are more engaged than they are loyal during their first three years at an organization. Engagement is necessary but not sufficient to retain young nurses in their early tenure. If you can retain them past the three-year mark, their level of loyalty more closely matches their level of engagement.
The strategies and best practices in this study will help you build a millennial-specific retention strategy to supplement your engagement efforts. The recommendations are based on three realities of the millennial mindset: they have fewer past work experiences for perspective, they think more in short-term increments, and they have more opportunities than ever.
Introduction: How millennial nurses are similar to—and different from—their older peers (p. 7)
Step 1: Create a safe environment (p. 21)
Detect and prevent poor work environments, create sustainable mentorship for new hires, and hold staffaccountable for supporting new peers.
Related resources: Jump down on this page for professional mentor corps materials from UnityPoint Health Methodist | Proctor; explore more mentorship resources including our mentorship program resource assessment, lessons on how to structure your mentee cohort and ways to lead meaningful monthly cohort debriefing sessions.
Step 2: Promote lateral mobility (p. 39)
Provide young nurses with a range of experiences by facilitating transfers to different units or care settings.
Related resources: Jump down for cross-unit draft day materials from Manatee Memorial Hospital.
Step 3: Match ambitions to your longer-term needs (p. 61)
Retain millennials by providing longer-term career pathing.
Related resources: Download our guide to speed mentoring, then jump down for more speed mentoring and career coaching materials from profiled organizations.
Step 4: Equip managers to detect retention risk (p. 73)
Identify early-tenure millennials with one foot out the door.
Related resources: Download our editable check-in prompts to guage how a new hire is adjusting; Use this tool to assess the likelihood of an individual leaving.
Step 5: Win back early-tenure staff mid-flight (p. 85)
Understand why staff are leaving so you can win them back.
UnityPoint Health Methodist | Proctor
Manatee Memorial Hospital
Miami Valley Hospital
Baptist Health Lexington
Norton Healthcare
Create your free account to access 1 resource, including the latest research and webinars.
You have 1 free members-only resource remaining this month.
1 free members-only resources remaining
1 free members-only resources remaining
You've reached your limit of free insights
Never miss out on the latest innovative health care content tailored to you.
You've reached your limit of free insights
Never miss out on the latest innovative health care content tailored to you.
This content is available through your Curated Research partnership with Advisory Board. Click on ‘view this resource’ to read the full piece
Email ask@advisory.com to learn more
Never miss out on the latest innovative health care content tailored to you.
This is for members only. Learn more.
Never miss out on the latest innovative health care content tailored to you.