A millennial is somebody who is young and ambitious. He/she are thought of as future leaders of the industry, they specialize. The best part about them is that they are very sound in technology and come with good emotional intelligence.
Hence, they do not see a job as a job. Instead, they want to responsibilities, which give them satisfaction in what they do. This is the main reason, why firms and organizations, must think about their culture and management style.
If they want to retain good talent, then more than hiring, retaining the best talent is important.
They want better flexibility in their workplace
They do not like to be dictated upon. They love the flexibility and have their own way of doing things. For example, they might have issues coming in formal attire to work. That is because they have their own style of working.
Millennials ought to feel comfortable where he/she is working. A bond of high trust should be developed between the individual and the management. Sometimes they may like to work only during the nights or at odd hours.
As long as deadlines as met, goals are achieved, and a strong approach is taken with them, millennials can help the firm or organization grow and reap profits. Not to mention, you are looking for a future leader in them.
They are apt at using the technology
They are very good at using technology and have the ability to understand the significance of cutting cost, with the help of it. For example, a conference done online can help the firm or organization save on the money allocated for travel, stay, and food.
Instead, a conference can be done at very short notice, saving time and money, which are crucial factors for any business. They are more responsive and productive with the usage of technology.
They expect better work-life balance along with other benefits
You would be surprised to realize that younger workers also love to spend time with their families and parents. They are ready to give up jobs that take their time and even weekends. Apart from that, they also insist on better physical activity programs in the firm or organization they plan on joining.
That is because unless the physical and mental state is in good shape, the work production tends to get affected badly. In most cases, millennials can suffer from depression and stress due to high work intake.
Research shows that close to 1 in 10 Millennials are suffering from depression due to work pressure. Hence, they are careful about their well-being. Though they are ready to work hard and put in the hours, they also want benefits in the form of relaxation for themselves.
Summary
These days, millennials have different objectives than they have 10 years ago. It is about not only the financial benefits but also other benefits like health programs. You can find them working several jobs and projects during the initial part of their career.
They are particular on progression in their careers and skills, which can be possible only when they work under team leaders or managers who identify their talents and give them what they want.
When the firm or organization invest in their potential, nobody feels like they are going to work, but it is more of a satisfaction. When effective talent management solutions are implemented millennials decide to work in there, thereby reducing the retention of skilled workers, which is seen often in today’s industries.
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