• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
CommentaryLeadership

How to keep millennials from job hopping

By
Dan Finnigan
Dan Finnigan
Down Arrow Button Icon
By
Dan Finnigan
Dan Finnigan
Down Arrow Button Icon
August 7, 2015, 11:00 AM ET

The Leadership Insider network is an online community where the most thoughtful and influential people in business contribute answers to timely questions about careers and leadership. Today’s answer for: How do you build trust with your employees? is by Dan Finnigan, CEO of Jobvite.

In today’s workplace trust has become a lost art. With job seekers now changing jobs every four years (and millennials even more often), companies don’t trust their employees to stick around for long — and job seekers don’t trust their employers to keep them around. Since the 2008 economic collapse, layoffs have become even more commonplace than they were before, helping to essentially erase trust in the workplace.

The truth is, you can’t really trust any employee to stay at your company forever — but encouraging longer, more valuable tenure is the next best thing. Take steps toward creating a work environment that bonds employees, encourages loyalty and ultimately, fosters trust. Building this trust means ensuring that your leadership style aligns directly with your company’s values, and that your culture evolves to fit what your employee’s need. So what does this culture look like? Here are some guidelines from my time at the executive table:

Offer growth opportunities
People today care about their careers; they’re no longer innocent bystanders. Instead job seekers are armed to protect themselves from future recessions and grow in economic upturns. Providing a clear career track and opportunities for advancement is a sure fire way to strengthen trust at your company. However, this doesn’t mean promoting people left and right. Whether these growth opportunities take the form of training sessions, mentorship programs, leadership courses or learning tools, investing in the personal and professional growth of your employees is key to building that first link of care, investment and — down the line — trust.

See also: Proof you’re not making business decisions quick enough

Keep employees engaged
Engaged employees are the most productive and the most satisfied. But fostering this engagement doesn’t only come from ping-pong tables and beer on tap. Employees must be able to relate to each other on a personal level, not just through their work. So whatever the activity is (book club, baseball games, happy hours, etc.) make sure it promotes cultivating deeper relationships. If you build an environment where folks can interact outside of their normal 9-to-5, your team will learn to trust each other when it matters.

See also: Managers, here’s why honest feedback matters at work

Listen closely
It’s widely known that customer feedback is the most important element of customer service. But getting feedback from employees is a much more intimidating feat. Nothing makes someone more inclined to trust another person than knowing that her or his voice is heard and understood. Try an internal workplace survey one-on-one check-ins, or devise your own method of gathering employee comments.

[fortune-brightcove videoid=4324494607001]

The second piece to listening is actual action: how are you addressing employee feedback? While not every employee is a board member, they still deserve transparency when it comes to concerns, questions and feedback. Keeping things out in the open — and making changes when necessary — goes a long way toward building trust among your employees.

Read all answers to the Leadership Insider question: How do you build trust with your employees?

How a boombox helped this CEO build trust with his employees by Kyle Wong, CEO of Pixlee.

Want your employees to work harder? Eliminate your offices by Lars Albright, co-founder and CEO of SessionM.

How this CEO regained trust with his employees byDavid DeWolf, president and CEO of 3Pillar Global.

This is the best way to build trust with your employees by Ryan Harwood, CEO of PureWow.

The real reason your employees quit by Robert Hohman, CEO of Glassdoor.

About the Author
By Dan Finnigan
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

anis
CommentaryVenture Capital
AI, robotics, climate tech: How VCaaS helps corporations enter deep tech safely
By Anis UzzamanMay 6, 2026
4 hours ago
mckinsey
CommentaryProductivity
The U.S. leads in 14 of 18 industries shaping the future economy — but the lead isn’t guaranteed
By Kevin Russell, Chris Bradley and Kweilin EllingrudMay 6, 2026
5 hours ago
EQ
CommentaryPsychology
EQ training is failing leaders in the AI era. Here’s the brain science concept that can replace it
By David RockMay 6, 2026
6 hours ago
melania
CommentaryEducation
Teachers union chief: Melania Trump’s robot reveals what this administration really thinks of children
By Randi WeingartenMay 6, 2026
8 hours ago
ludwig
CommentaryInflation
Former Comptroller: the cost of living has risen 106% since 2001. Government inflation data doesn’t show it
By Gene LudwigMay 6, 2026
8 hours ago
theo
CommentaryManufacturing
The hidden bottleneck holding back American manufacturing isn’t machines — it’s knowledge
By Theo SavilleMay 6, 2026
11 hours ago

Most Popular

A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
Magazine
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
11 hours ago
Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisis
Success
Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisis
By Emma BurleighMay 5, 2026
1 day ago
Economists have found an answer to slowing cognitive decline: avoid retiring early, study finds
Economy
Economists have found an answer to slowing cognitive decline: avoid retiring early, study finds
By Sasha RogelbergMay 5, 2026
1 day ago
Current price of oil as of May 5, 2026
Personal Finance
Current price of oil as of May 5, 2026
By Joseph HostetlerMay 5, 2026
1 day ago
Clean energy's winning argument is the one it refuses to make
Commentary
Clean energy's winning argument is the one it refuses to make
By David CraneMay 5, 2026
1 day ago
Coinbase didn't just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches’ and turned its org chart upside down
Crypto
Coinbase didn't just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches’ and turned its org chart upside down
By Marco Quiroz-GutierrezMay 5, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.