Even among the most successful employees, a sink or swim environment breads disloyalty. Consider incentive-based compensation packages to attract and retain stars. Consider recruiting efforts for young professionals in states that are depressed economically. Pay a moving bonus. To recruit young employees, keep the salary component high.
Many young employees care most about take home pay.
To attract young high achievers, consider health club benefits. The goal is to provide a mix of benefits that is most valued by the most valued recruits and employees. Always provide a cafeteria plan so that employees can choose between tax advantaged benefits such as family health insurance premiums and cash. Saturday and Sunday childcare during peak seasons such as tax season for CPA firms. Allowing employees to bring in children in case of an emergency.