Millennials make up about 50% of the workforce. And this number will continue to increase for years to come. So, what exactly do Millennials look for in the workplace and how can companies meet these needs?
The short answer is that millennials have most of the same career goals as older workers. Millennials are driven by making a positive impact at a Company, helping solve social challenges and doing work that they are passionate about. However, there are a few things millennials look for in a job that firms should be aware of.
Millennials are always ready to learn. Most are always on the look-out for an opportunity to learn something new. In fact, one of the reasons millennials are leaving their jobs is a lack of training. To avoid this, Companies can add training for both new employees and first/ second year employees who are looking to increase their value.
Millennials are competitive and used to being in the public eye. They are used to everyone knowing everyone’s business and appreciate being recognized. Reward millennials for exceptional performance and celebrate their accomplishments. This will motivate other employees and will bring the millennials “friendly competition” mindset into the work place.
Millennials hate being called millennials. Many millennials feel they are judged based on stereotypes rather than their actual work. When criticizing an individual employee, make sure not to use the word millennial. Individuals want to feel they are being judged on their performance and work, not categorized into their generation.