Attracting and Keeping Millennials
2. Provide a flexible workplace environment. Those notions of 9-to-5 jobs, sitting at a desk all day, or the office as “the place where work gets done” are not part of the core credo of this highly mobile Millennial generation. When it comes to the workplace, they’re looking for flexibilityin how, where or when work gets done. It’s critical enough that some Millennials will even choose greater flexibility over pay (45 percent). Having some latitude when it comes to schedule or location could go a long way in attracting (and keeping) millennial talent.
3. Empower and encourage innovative thinking. This generation wants to continually make a difference and an impact, both for the company they work for and the community in which they live. They want to work somewhere that encourages (and rewards) innovation and open thinking. In fact, more than 75 percent of Millennials say they’re strongly influenced by thoughts of how innovative an organization is when making employment decisions. Do you have a culture that supports innovation? If not, it may be time to institute some new practices and initiatives. If not, those who have the potential to be your next great employees may never join your team.
4. Provide a variety of experiences. In addition to flexibility and technology, Millennials are in search of diverse experiences to that allow them to experiment, fail, grow and develop. Not confined to rank or traditional hierarchy, Millennials are looking for chances to voice their opinions, be involved in decision-making, and build their leadership skills. Small businesses can present attractive opportunities for Millennials to quickly come in and take on responsibility, whether it’s leading a task or team or even working on a special project with senior management.
This hyperconnected demographic will continue to shake up and change much of the perceptions of the workplace. So you have to ask yourself, is your business prepared for Millennials? If not, it’s time to take note.
Both Boomers and Millennials can and are willing to add value to your organization. And surprisingly – and despite their generational differences – the have very similar wants, needs and desires when it comes to the workplace. That’s why you may want to reassess how your company treats its employees and make changes accordinglyto appeal to both groups at the same time and encourage worker productivity.