Page 3 - The Leadership Line: March 2022

Promote learning and development opportunities – Create a positive work environment – To retain
Make sure to provide Millennials with challenges, as well Millennials, focus on creating a positive work environment
as learning and development opportunities, so they can that promotes teamwork, inclusion, and creative thinking.
develop professionally. Focus on effective leadership – Millennial’s hate office
Reward and appreciate – Millennials highly value rewards politics. They like to do business in an ethical way and will
and recognition, as does your entire team. Take the time to settle for nothing less.
recognize and celebrate all successes, not just the big ones!

Millennials are a generation that enjoys working with leaders who are honest, accessible, and reliable. They
respect leaders who give them opportunities to learn and grow, provide regular feedback, and are positive.

Retain Female Talent on Your Team

The “Shecession” of 2020 saw over 2.3 million women 2 Coaching conversations: Look back at
drop out of the workforce, putting participation to a 33- previous female employees you promoted; can
year low. As an example, women accounted for 196,000 they do their job functionally? If you said yes, do
(86.3 percent) of the 227,000 jobs lost in December 2020, you know if they feel satisfied and/or challenged?
according to the Bureau of Labor Statistics. Coaching conversations can really help women
So, why are women leading the way in the Great identify the skills and competencies they wish
Resignation? to leverage as they advance in their career. As
Some women may be leaving their jobs to explore better manager, you can provide additional guidance
regarding projects that are deserving of their time
opportunities and a higher income. Some are simply and attention.
burned out while others are concerned about child or
elder care. These extra tasks combined with the pressure 3 Educate yourself on the unique challenges
already created by the pandemic has led many working women face: Women already face obstacles
women to feel isolated and detached, thus leading when it comes to their professional development
them to consider other jobs or leave the workforce in its and pay equity, but Latina and Black women face
entirety. a larger disparity. Assure the women and women
of color on your team that you are prioritizing

Four ways you can retain female talent on your team: equitable practices to help them succeed in
their careers.
1 Focus on mentorship: Women who want to 4 Understand the challenges working
mothers face: According to a McKinsey study
advance in their careers cannot do so without
the advocacy of their senior leadership. on women in the office, mothers are three times as
Mentoring women at various levels within our likely as fathers to be responsible for most of the
company can show our high potential female housework and childcare. Many women are also
talent that you are invested in their long- concerned that their work performance may be
term success. Connect them with the right significantly impacted because of their caregiving
leader who will be able to prepare them for responsibilities. Rethink their goals, recalibrate
the next stage in their career. (Be thoughtful your expectations. Assure the working mothers on
with mentoring pairings. What is the mentee your team that they are not being judged by their
looking to practice? What is their learning style? responsibilities. Empathic leadership will pave the
Be careful to not to cause more confusion for road for future success.
the mentee.)