The U.S. Census Bureau defines millennials as individuals born between 1982 and 2000 — a group that numbers 83.1 million, or more than one-quarter of the nation's population. It has become the largest generation on record, surpassing the roughly 75 million-strong Baby Boomer segment.
That latter cohort is, of course, beginning to leave the workplace in droves — an average of 10,000 boomers are expected to retire each and every day. And the Pew Research Center says millennials accounted for nearly 54 million workers in 2015, a number that will only continue to rise as more of this generation enter the workforce.
With 54 billion millennials in the workplace, demographics are shifting – along with workers' needs. Here, we offer a take-along guide to help your employer clients with communication, plan design and enrollment for their millennial workers.
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