Whether we like it or not, the
Millennial generation is having a real impact on how work gets done in today’s
increasingly complex and competitive workplaces. The interesting thing to me is that I feel like I am
re-living when Generation X first appeared on the scene.
I remember being at a meeting in
Washington, DC where Bruce Tulgan was speaking on generations at work. Bruce was a pioneer in this field and
it was a really big deal to me to get to hear him in person.
He talked about what this new
generation wanted—things like more flexibility over when they worked, more
feedback on the work they were doing, a chance to be recognized for good
work…and more. When he took questions,
someone said, “They are asking for the same things we wanted but we were afraid
to ask!”
Fast forward to Millennials and
what we know of what they are looking for and it is similar to what I wanted
when I started working many years ago and probably what you wanted and still
want.
According to Joe Weinlick, vice
president of marketing at Beyond.com, a job board and career advice job board
and reported by SHRM.org, he says, “If we think about what Millennials care
about (corporate culture, workplace flexibility, making a difference and being
appreciated), they’re the same things that are important to everybody.”
This same article also quote
research done by PwC which is based on 300 interviews, 300 focus groups and
44,000 surveys they conducted in partnership with the University of California’s
Marshall School of Business and the London Business School. PwC realized they better learn about
this new generation because by 2016, it would comprise 80% of its workforce.
They found that competitive pay
is important but equally important to this generation is flexibility,
transparency, collaboration, recognition and management support.
So, when you know what is
important to employees, the challenge is to give it to them within the
framework of your culture and your business requirements. Seems to me that providing the things
that are important to Millennials (and everyone, for that matter) just will
make an organization even stronger.
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