Posts Tagged ‘brain drain’

The Decision

Monday, January 24th, 2011

mfsignpost_forest 

By: Samantha Oliver

Intern, EASE@Work


No, a one hour TV special will not accompany this post, but it may provide some insight into why my generation (the Generation Y’s or Millenials), leave Northeast Ohio for better and brighter cities – like Miami. Northeast Ohio boasts some of the United States’ top universities, an eco-friendly brewery, a few sports teams (albeit, unimpressive teams), tons of lake effect snow (great if you’re into winter sports), and a “world class” hospital system. So what’s not to love? 

I’ve been the sales and marketing intern at Ease@Work for the past three months. During this time, I’ve had the opportunity to work with, and learn about, many companies in the area – specifically in terms of benefits and options offered to employees. Furthermore, as a soon-to-be M.B.A. graduate, I believe I can offer a fresh perspective of what those from my generation are looking for when entering the work force.

I write this as someone who has lived in Ohio most of my life. But, as I anticipate graduation and begin my career search, I find myself stuck. Should I stay or should I go?

Jobs are hard to come by, but more importantly, companies who value innovation, creativity, and flexibility are even harder to find. Northeast Ohio has so many things to offer, but not to young professionals. Employers need to realize my generation grew up amidst the electronic age. We understand social media, YouTube, and internet startups. We created them.

If companies in the NEO region want to attract top talent and keep great talent from leaving the area, you’ve got to offer us something different. No, I understand NEO is not a Silicon Valley, but we are part of the huge green revolution. I would also add that philanthropy is at the heart of so many businesses in this area, which is great because my generation is looking for employers who offer us something more!

As an example of innovative organizations, just take a look at the Fortune 100 Best Companies to Work For list; it includes Google, DreamWorks, and Edward Jones. Why are they topping the list? Comprehensive benefits, a family culture, and employee understanding. For example, J. M. Smucker’s, number 47, is headquartered here in Ohio, and offers employees softball games and bowling nights.

My generation has options regardless of the current economic environment. We can be entrepreneurs with little to no capital required; we can move, travel, explore different careers; and we have the education and knowledge to support exploration of non-traditional career options.

So, if you’re not Google, and your employees can’t bring their dogs to work, what can you do to attract talent? My suggestion is be creative. Inspire innovation, new ideas, and team work. Offer your employees benefits, and I’m not talking just monetary, but intrinsic as well.

Let them compete in a fitness challenge. Promote wellness in the workplace – it’s important to us. Offer ways in which your employees can give back to the community – perhaps allow staff time to volunteer. Provide us with education and challenging opportunities that allow us to continue to grow as individuals and into our careers.

Understand that my generation cares a lot deeper about the environment, social causes, and economic change. We stand up for what we believe in and will continue to choose companies who do the same. So I challenge you, Northeast Ohio, to inspire young professionals and offer us opportunities worth staying for.

Impact of Retiring Employees in Work Place: Does Aging Work Force Equal Brain Drain?

Tuesday, July 28th, 2009

MFhammock

With the Baby Boomer generation reaching retirement age, it’s important that businesses take a closer look at their employee populations. How would a “retirement tsunami” impact productivity and profitability in your workplace? What should you, as an employer or human resource professional, be doing now to avoid losing your company’s knowledge base?

NASA Glenn Research Center (NASAGRC) is one organization facing potentially devastating losses due to retiring employees. A recent article in Crain’s Cleveland Business describes why NASAGRC leadership thinks it’s important to attract new talent now and what they’re doing to accomplish that goal.

Not all employees want to retire “cold turkey”. In cases where employees are open to easing-in to retirement, it can be helpful for the retiring employee and the company to keep the retiree on board after retirement as a consultant. Recently, a manufacturer facing a critical brain drain due to retiring machinists initiated a management consultation to discuss this issue. We suggested a consultation with Ease@Work retirement coach Dickson Dawson, PhD to identify young workers that were good candidates to study under retiring or retired machinists.

In addition to helping companies to deal with the brain drain of pending retirements, retirement coaching can help to encourage retirement as part of a workforce reduction in an effort to reduce potential layoffs.  To learn more about Ease@Work’s retirement coaching services contact Patrick Gaul.