It’s thought that around 75% of the global workforce will be made up of the millennial generation (born roughly between 1980 and 1999) by 2025. That might still seem a long while off yet, but it’s actually less than a decade away, so it could be wise to start thinking about how to look after this generation in your organisation.
There’s a good chance a fair number of this cohort will end up employed in your organisation, and you’ll probably already have many of the generation’s first-born already working there. This population is the first to not know what life was like before the internet and who came of age after the 2008 crash, so their expectations in the workplace are very different than the generations preceding them.
If you’re thinking all you have to do to keep these workers happy is to throw a few beanbags around the place, and offer a few trendy coffees at your canteen, think again. Millennials actually care about a lot of the things other workers do, like engagement, trust and being valued. But they also like to know what a company’s values are before they join and would rather have a great working environment (think a home-from-home) than a big pay packet.
It’s also important to understand how these younger workers feel about personal motivation and recognition. Having someone say thanks for a great job and to feel they’ve made a difference is just as important – if not more than […]