Solutions

Ways to retain Millennials:
1) Ensure their basic needs are fulfilled; transport, accommodation, expenses to work.
2) Paying them the salary as requested instead of negotiating and lowering them as their dissatisfaction would continue to affect their work performance in the long run. As humans, they do feel cheated.
3) Continually reward them reasonably as they continue to profit the organization. Not petty cash.
4) A high income proves to be the best motivation in increasing their productivity. An investment.
5) Enforcing a work-life balance with a strictness in disciplined systematic approach to allow them to have their personal space of growth and hobbies.
6) Working well together as not just a team but also a family that truly cares for their future and long run.
7) Input quarterly bonuses to further retain the best of talents and ensuring their needs are taken care of.
8) Respect them for who they are, just as much as they respect you. It is not the title that matters instead, humane values.
9) They only want the best for everyone. Thus, they expect you to be yourself instead of "wannabe" like them.
10) Never ever "cut cost" on their wages because that is the worst thing to do.