Call them what you will and take notice. This burgeoning generation (70 million; born between 1977 and 2002) is coming of age and arriving in the workplace with new ideas about the employment experience. Namely, "why should I work for you?" and "what are you going to offer me?"
Self assured, tech-savvy, and idealistic, they arrive at work with an evolved set of expectations around employment and their opportunity to have an impact from day one. The achievement orientation and natural impatience of this plugged-in, multi-tasking generation inevitably creates conflict for many employers and coincides with a time where the pool of skilled talent is shrinking.
As Boomers approach retirement and employers confront the talent exodus resulting from this natural attrition, many will find it necessary to adjust to the nuances of the new workforce in an effort to attract, engage, and retain a generation that is projected to be increasingly mobile and interested in seeking the next assignment. This may be in the context of the current employment relationship or often, ready to jump to the next gig.
Labels like high-maintenance or unrealistic may tag the Millennials at the onset of their entrance into the workforce. However, this educated, increasingly diverse (one in three is a minority) generation is also anticipated to be both quick to contribute and deeply coveted in a job market that includes a projected talent shortage that is increasing annually.
As your organisation competes to attract the very best among Generation Y and integrate them into the workforce, these nine best practices are important to consider in demonstrating a compelling employment opportunity that ultimately can help you both acquire and retain the new talent you need to accomplish key business objectives into the future:
Generation Y, ready to make a meaningful impact, brings a bevy of unique attributes and talent into the workplace. The organisation that is sensitive to their needs will have a distinct advantage and opportunity to capture their contributions in this increasingly competitive marketplace.