Millennials are young adults who were born after 1981 and are considered the “future leaders” of society. They have ambitious career goals, are technologically sound, have high emotional intelligence, and are ready to replace the “Baby Boomers” who will be retiring soon. Unlike their predecessors, millennials are looking for more than just a job. They are looking for roles that are interesting and progress in their careers. This is why organizations need to redefine their management style, business culture and modify expectations to be more attractive to their main occupants of the workplace: millennials.
“Millennials want to work for organizations that prioritize purpose and profit. It is as simple as that.” – Punit Renjen, Global CEO, Deloitte
Here’s what millennials expect from their career and workplace:
Flexibility
Millennials expect freedom, responsibility, and flexibility early in their careers. They like to take their own individualized approach and make their mark. Allowing the individual to apply creativity at work or adopting a less formal outfit at work are a few simple approaches that will make a millennium feel confident and comfortable in the organization. Providing clear and concise instructions, achievable goals, and clear deadlines along with these approaches will allow them to develop their individuality and nurture their leadership qualities.
Using technology
The millennial generation is known for its use of technology and its ability to adapt to new and future technological changes. Given that most Millennials Guide to the galaxy prefer emails over face-to-face conversations with their employers and most of them believe that access to technology makes them more effective at work, it is not surprising that adapting advances Technological updates in the organization allow a millennium to be more productive and responsive. Millennials respond better to interactive online learning tools, online test tools, and training videos rather than lectures and conferences. Using technology means being more accessible, which millennials resonate perfectly.
Work environment
A good work environment depends on the energy of the workplace rather than the office space being really beautiful. Millennials expect the energy of coworkers to be high and welcoming rather than sitting in closed cubicles. They feel more comfortable in a high-energy environment, a motivating and encouraging leader, and an open / well-ventilated workplace. Millennials believe that having an open workplace removes barriers, figuratively and literally, allowing them to interact with other coworkers in terms of work, knowledge, sharing information, and creating a fun environment! Millennials expect their employer to be more of a leader than just a manager. Having someone who provides constructive feedback, discusses goals, and offers tips for improvement provides more structured development in terms of career and personal growth. Most of these workplace environmental factors allow a millennium to have a more experienced vision of the company’s vision, and in return, better retention and happier future leaders.
Work-life balance and other benefits
Young workers expect a better balance between work and personal life. Millennials are seen to be ready to take on a job with lower wages that provides better balance and stability. Millennials are not only looking for organizations that provide a better balance between work and personal life, but also mental and physical health programs. Companies may have to prioritize employees’ mental health, as studies show that millennial employees suffer from depression more than other generations (about one in five millennials report experiencing depression, according to research from the assistance program provider for Bensinger, Dupont & Associates employees).
