MANAGING AND MOTIVATING MILLENNIALS
Did you know millennials are projected to make up 46% of the total workforce by 2020?
Millennials (those born between 1981 and 2000) have been transforming the workplace with new ways of thinking, learning and working causing a positive effect on the people and workspace around them. Not only are they technology savvy but they are creative, self-confident, open and tolerant in diverse and inclusive workplaces.
So how do you ensure you are attracting this key demographic to join your team?
Much like consumers research and compare when shopping for products, Millennials take a consumer-oriented approach to the workplace. They shop around for the jobs that best align with their needs and goals and take into consideration the employer brand, team culture, policies and opportunities to learn new skills. They use their technological skills to their advantage when researching job opportunities.
Consider the following 10 factors millennials look for when searching for a job:
- Career Growth Opportunities
- Salary and Benefits
- Job Security
- Work-life Balance
- Training and Development
- Interesting Work
- Reputation of the Organization
- Challenging Work
- The People I Will Work With
By 2025, millennials will account for 75% of the global workplace. More importantly, millennials are no longer the youngest generation coming into the workforce with Generation Z now surpassing them!
What strategies should employers use to cultivate and retain this valuable talent now and into the future?
To find out about how OTEC can help you with attraction and retention strategies for your organization, please contact us about OTEC’s M3-Managing & Motivating Millennials workshop.