The document discusses how to attract, develop, and retain Millennial employees. It defines Millennials and their characteristics as college students and employees. Millennials will make up the largest generation in the workforce and seek meaningful work, personal development, and real-time feedback. The document recommends that businesses show Millennials opportunities for innovation, independent digital work, and leadership to attract and keep them. It concludes with contact information for the presenter.
4. 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.
6. 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.
7. Characteristics of Millennials
Negative Side
Lazy, Narcissistic, Prone to change jobs
Rewarded for participation, Unrealistic expectations
Positive Side
More open-minded
More supportive of gay rights / equal rights
Confident, self-expressive, liberal
Upbeat & receptive to new ideas
9. 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?
10. Hiring Criteria for Millennials
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
11. 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
12. Hiring Criteria for Millennials
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
13. Hiring Criteria for Millennials
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
16. 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
17. Business Needs to show Millennials
Half of them feel their organizations could do more
to develop future leaders
Most Millennials report that their current employer
does not encourage creative thinking
Management 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
20. For More Information
Preston D. Cameron
Faculty, General Business Program Director
Department of Business & Information Systems
Mesa Community College