Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?
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Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and are serious about work-life balance. They believe that it helps them improve their productivity in the workplace. Understanding the millennials' behavior and requirements are crucial to any business's success, as they constitute a large section of the working population in the US.
According to a report by Dynamic Signal, by 2030, they will take up as much as 75% of the working population in the US, which is why the employers should start taking an active interest in what they want or how they wish their workplace to look like.
According to another recent survey by Gallup, 21% of millennials are said to have changed their jobs in a year, and 60% of them revealed that they are open to new job opportunities. Owing to these behavioral statistics, they are also commonly known as the job-hopping generation. Hence, it becomes all the more important for the employer to understand what they seek in a company and work towards providing them with the same. Scroll on!
A reliable manager
Millennials thrive on relationships, and of all the professional relationships, they want their managers to be trustworthy, dependable, and above all, interested in developing their career apart from taking the business to the next level. They dislike micromanaging bosses and may even change the job if they feel that the free flow of work is being threatened.
Innovation
Millennials can get bored quickly if their workplace does not show any signs of innovation. They are constantly on the lookout for challenges, and you should provide them with a challenging environment to help them utilize their skills, intellect, and credibility to the fullest. You may lose your prospective employees if they feel that the company cannot provide them with the scope for personal growth and development.
Training and mentoring
Millennials love to grow and learn new things to upgrade their skills. If you can offer them training and mentoring sessions to hone up their existing skills and develop new ones, chances are, they will stay with you longer. This apart, you should also give them the chance to volunteer in innovative programs outside the workplace to help them create an impact outside their workplace.
Flexibility of work
Millennials hate the 9-5 stringent work schedule, which also affects their productivity to a great extent. They are even ready to let go of a part of their salary or the chances of promotion in exchange for a job with a flexible schedule. If you don’t have a flexible work culture, you may not be able to retain them for long. They also believe in maintaining work-life balance and expect their employer to respect their need for space in their personal lives.
Telecommuting
Millennials are said to be somewhat impulsive, and it’s difficult to bind them to a definite structure. Sometimes, they love to work from their offices, and sometimes, they don’t want to leave the cozy atmosphere of their homes. Hence, you should have telecommuting policies in place, so that they can work remotely as and when they wish. As technological advances ensure optimum productivity while working remotely, you should encourage the idea more in your workplace to attract millennials.
A definite culture
Defining your work culture is as important as having a concrete business strategy to succeed. The millennials want their companies to be a fun place to work in, besides being a growth-oriented, revenue-targeting business. Having a work culture with values that align with their personal values creates engagement and help the millennials connect better with their workplace.
Open-mindedness
Millennials love trying out new things. They want their managers to encourage such ideas for constant innovation and development. Doing the same things over and over again can be monotonous for the millennials. They love to try new things, commit mistakes on the way, learn from them, and evolve. If you can allow them an open platform to discuss their ideas and choose the ones that have some potential, they will stick with your company for sure.
Mental satisfaction
Besides getting the paychecks and promotions on time, the millennials are always looking for new things in their workplace that can keep them happy and at ease. They like to see work as fun and not only as something to earn their bread. They appreciate small surprises like a movie day, a pet’s day, a games day, etc., which make them feel valuable to the company.
Wrapping it up
Whether you allow your millennial workforce to come to the office in casuals or bring their pets along, your primary focus should be employee engagement and retention. The millennials can be extremely hardworking, goal-oriented, and success-chasing innovators, so you should utilize them in the right way. Once they feel that they can trust you and stay with you in the long run, they will give everything to fulfill your business objectives in no time.
So, give them what they want, and they will give you what you seek!
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