If someone is born between the years 1981 – 1996 they are considered to be a ‘Millennial’.
Facts about Millennials
- Despite their increased debt, millennials are well-educated on the benefits of retirement savings and they are saving at the same rate as their parents
- Though millennials grew up with the internet, it seems as though they are better at unplugging and taking breaks
Millennials in the workplace are high tech and high touch
Millennials are comfortable with technology. They have grown up with it and it has become a part of their everyday activities. But just because they spend so much time attached to their devices doesn’t mean that other people aren’t essential in the workplace, feeling like they have a community at work is a determining factor for a Millennials. Overall improving their commitment, engagement, and job satisfaction.
⊗ Top Tip: consider setting up reverse mentoring programmes, get your millennials teaching the not so tech-savvy workers.
Millennials in the workplace are both committed and self-interested
Millennials main goal is moving up in an organisation, but that doesn’t necessarily mean that Millennials are there for the long haul. Research shows at least 1 in 3 Millennials are continuously assessing their environment for better opportunities and faster routes to their overall goals.
⊗ Top Tip: Give them a reason to stay. People don’t leave, Millennials included, if they believe they can get better pay, more responsibility and a better work life balance.
Millennials in the workplace are both ‘needy’ and independent
While Millennials in the workplace do want support, feedback, mentoring, and to feel appreciated, that doesn’t make them dependent. They are actually being quite strategic. They think about what they need to be successful, and that’s what they ask for.
⊗ Top Tips:
- Let them know how they are doing — frequently. Provide them with mentors and consistent, concise feedback.
- Provide support when things get tough.
- Let them control as much as possible. Don’t micromanage.
So what are your thoughts? Are the millennial generation the way forward?
Of course each generation, and most of all each individual person are different from the next, do you believe that Millennial talent is all its hyped up to be?