Tag: Millennials

Data tells us that there is a worldwide turnover rate of about 10.9 percent. According to the Bureau for Labor Statistics' 2018 report, the national turnover rate for the average U.S. company hovers right around 44.3 percent. Rates definitely vary by industry, with retail seeing turnover around 60 percent, hospitality climbs to more around 76.7 percent and entertainment is closer to 87.4 percent. Then, there is the security industry. The national annual turnover rate of an average security firm...

YARMOUTH, Maine—Several industry events—including ISC West, ESX and Honeywell's CONNECT—have had presentations dedicated to the topic of millennial employees and how to train them. Security Systems News received both positive and critical responses when it asked for opinions on Generation Y—those born between 1980 and 2000.“Millennials are a must in the work place for a growing company,” Jason Brinton, owner of Brinton Electric Security Services, wrote in. “They...

YARMOUTH, Maine—Millennials have entered the workplace, but are they fundamentally different from previous generations? Security Systems News readers said yes in this month's News Poll: Generation Y is noticeably more tech savvy, they said.“The industry is in a healthy place because major players are really starting to become more and more 'in tune' with the necessity of involving Millennial leaders,” said Nicole Swartwout, CallTeks Security partner, co-owner and a Millennial. “There...

BALTIMORE—Underlining the important work that central station operators do is key when training Millennials who are now entering the workforce and the security industry, according to panelists at ESX."[New central station operators] need to understand the value of their work as well as the responsibility they are given," Mike Lamb, United Central Control's VP and project director, said. This shouldn't be hard, he said, when being a central station operator means protecting lives, homes and...