School administrators are facing the perfect storm: a growing number of baby boomers retiring each year, an absence of experienced teachers to take their place, and high turnover among young teachers. The need to hire and retain a new generation of teachers is one of the biggest challenges facing school administrators. To fill these vacancies, school administrators must develop a plan for mentoring new teachers and retaining the expertise of their veteran teachers. But first, it will help if they understand how young teachers are different than previous generations and what they need and expect from them. This article offers ideas on how to lead the new generation of teachers. [Condensed, with permission, from "Principal Leadership." For complete article, see EJ829659.]