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Millennials have management potential, Robert Half CFO survey says

June 22, 2016

CFOs in the US are confident that millennials have management potential, according to a survey by Robert Half International Inc. (NYSE: RHI). Of the 2,200 CFOs surveyed, 85% said they are confident in millennials’ future leadership abilities.

“Millennials are a highly educated, ambitious group who gravitate toward jobs that provide meaningful personal and professional growth,” Paul McDonald, senior executive director at Robert Half, said. “To retain these employees and develop them into next-generation leaders, companies must provide plenty of training and stretch assignments as well as clear paths for career advancement.”

To help develop millennials, 60% of CFOs said their organizations provide onsite training. In addition, 57% say their companies provide opportunities for millennials to attend conferences, seminars and webinars, and 55% say their companies provide mentoring programs.

“Managers should also recognize millennial workers’ desire for frequent feedback,” McDonald said. “Even the best performers benefit from consistent coaching.”