Watch out Baby Boomers and Gen-Xers, the Millennials are on their way! The demographics of business are changing, and with it, the environment in which employees can best harness their talents. Gone are the days where communication is handwritten and hierarchy is strictly structured, and with this change comes new strategies that employers must understand to capitalize on the value of the increasingly younger workforce.
The rigidity of various firms established decades ago leaves executives struggling to ‘engage’ the youth moving into their careers without looking upon them as entitled or self-centered. However, in recent studies, this is where the problem may lie – engagement is not the standard protocol, as it is so widely believed, to keep younger employees stimulated. Employers are gradually using more resources to further engage Millennials, when this is actually unnecessary. Younger workers for the most part have actively sought out the position within their company. This speaks to this generation’s goal oriented nature, proving that they are highly determined and productive when given autonomy and a clear purpose.
Highlighted in a recent article from Forbes, one of the largest catalysts to the progressive alterations in business demographics is the difference in education between each generation. The Millennials, or Gen Y have grown up in a world with technological advances at every step of their life. In return, they are the most tech savvy generation and as a result, can better exploit these skills to be more efficient in learning and producing results than their Gen X or Baby Boomer counterparts. The influx of networking and social media have created a unique dynamic of the Millennials, they work well both independently or in social or group task setting, to the benefit of any organization in the 21st century.
So, how does a company successfully incorporate and promote Gen Y into its workforce? According to Talented Heads, here are some simple methods that have the potential to encourage the Millennials to positively harness their energy for their respective jobs:
- Millennials are deeply drawn to work that promises self-direction and an individual’s own creative control.
- Millennials thrive under leaders who are accessible and provide a comprehensible narrative about the organization’s direction.
- Millennials desire a voice in the company to share their opinions and to challenge themselves to become better problem solvers.
- Millennials provide their best results when they are able to directly interact with their work in hands on experiences.
- Millennials most powerful incentive is a flexible work-life balance, where basic needs are met and time both inside and outside of work is enjoyable.
Even though the times are changing at a rapid rate, companies should look at this as an excellent opportunity rather than an unavoidable conundrum. The Millennials are here to stay, so it is of the utmost importance to make their transition into any organization a smooth one. The generation of the future will undoubtedly provide great benefits if a company is willing to support the newest additions to the real world to keep retention high and employees motivated.
For more information on how JNR can help you to engage your Millennial employees contact email@example.com
By JNR Incorporated
Written by Andy Tallon
JNR Incorporated is a results-based, globally recognized leader that specializes in creating custom travel, meeting, event, prepaid card and merchandise programs that motivate, engage and inspire the employees, customers and channel members of our clients. We have over 30 years of experience working with Fortune 500 companies of many diverse industries. Our programs are tailored to fit the specific needs of marketing, sales, management and human resource professionals. The unique solutions we apply are measurable and proven to increase performance, loyalty and revenues.