By the BF Staff
From the November/December 2020 Issue
Businesses and economic development organizations are vying to attract Millennials, who (at least until the pandemic hit) have had their choice of jobs in cities all across the country, making it crucial for talent attraction strategies to understand how they assess new employment opportunities and relocation decisions.
Affordability is a key concern for Millennials, so cities with a lower cost of living have a leg up in the competition for this key workforce demographic. So EDOs are analyzing the price points that entice Millennials to make a move.
A number of studies have found that Millennials have high expectations from their employer regarding work-life balance, career advancement, training and development, meaningful work and career satisfaction. Work-life balance can be defined in this context as a 24/7…
