Attracting Millennials to Your Company
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Transcript of Attracting Millennials to Your Company
Attract, Develop, and Retain Millennials in Your Company
Mesa Business Education AllianceDecember 4, 2015
Preston D. Cameron
Definition of Millennials1930 1935 1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025
TBD?
Millenials
Generation Y
Generation X
Baby Boomers
Greatest Generationhttp://www.livescience.com/38061-millennials-generation-y.html
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Millennials As College Students The Soviet Union has never
existed They have only known 2 US
Presidents The stained blue dress is
meaningless Google has always been a verb Disneyland has always been in
Europe and Asia. Professional athletes have always
competed in the Olympics.
Wal-Mart has always been a larger retailer than Sears and has always employed more workers than GM.
Tiananmen Square is a 2008 Olympics venue, not the scene of a massacre.
They never saw Johnny Carson live on television.
GPS satellite navigation systems have always been available.
a.
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Millennials As Employees Will be the largest generation in
the workforce in 2015 A group that’s adaptable,
entrepreneurial, team-oriented, and super creative
Looking for employers that embrace these characteristics rather than stifle them behind a desk or in a cubical
53 percent of the 200 hiring managers surveyed said it is difficult to find and retain millennials
Nearly seven out of 10 (68%) hiring managers say millennials have skills prior generations do not.
Extremely tech savvy, on-the-go multitasking generation, prone to getting more accomplished in an average workday
60 percent of hiring managers agree that Millennials are quick learners
a.
Characteristics of MillennialsNegative SideLazy, Narcissistic, Prone to change jobs Rewarded for participation, Unrealistic expectations
Positive SideMore open-mindedMore supportive of gay rights / equal rightsConfident, self-expressive, liberalUpbeat & receptive to new ideas
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
The New Hiring Criteria
Can You Do This Job?Will You Fit In Here?Will You Cause Me (the Organization)
Trouble?Do You Have A Network I Can Pilfer?
Hiring Criteria for Millennials
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
What Millennials Want In A Job They prioritize meaningful work over pay 65 percent of them said personal development was the
most influential factor in their current job Millennials are invested in companies that are invested in
them. they often seek out advice from their mentors and superiors 80 percent of millennials want that feedback in real-time
Hiring Criteria for Millennials
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Hiring Criteria for Millennials
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Business Needs to show Millennials 78 percent reported that innovation within an
organization has influenced them in their job searches
70 percent say they see themselves working independently and digitally at some point in their careers
One in four Millennials are asking for a chance to demonstrate their leadership skills
7,800 Millennials in 26 countries http://www.inc.com/lydia-belanger/to-attract-and-keep-millennials-meet-their-demands.html
Business Needs to show MillennialsHalf of them feel their organizations could do more
to develop future leadersMost Millennials report that their current employer
does not encourage creative thinkingManagement attitude (63 percent), operational
structures and procedures (61 percent) and employee skills, attitudes and diversity (39 percent) as impediments to innovation
7,800 Millennials in 26 countries http://www.inc.com/lydia-belanger/to-attract-and-keep-millennials-meet-their-demands.html
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Conclusions
For More InformationPreston D. Cameron
Faculty, General Business Program DirectorDepartment of Business & Information Systems
Mesa Community College