Flexibility, Technology, Growth Attract Young Payroll Employees

Payroll departments looking to hire millennials or Generation Z workers should work to change perceptions around the profession and emphasize in-demand offerings such as flexibility and growth opportunities, a global payroll director said July 10.

Baby boomers are leaving the workforce rapidly and need to be replaced, said Michael Francis, CPP, director of global payroll at SBA Communications. “Retirement of experienced baby boomers will create a talent gap and brain drain in the US labor market” because their accumulated industry knowledge will leave with them, Francis said.

Francis argued that an inability to attract younger workers and transfer knowledge has ...