Today the “millennials” have the upper hand in the corporate world. This multi-tasking generation is changing the evolving workplace environment for the better with their contributions. Figuring out how to find and retain the right millennial talent is, therefore, crucial for corporate houses.
Though not an easy task it’s doable. Here are a few internal strategies that business owners and managers must adopt to motivate and attract valuable millennial employees to ensure their company’s continued success.
Focus on purpose
Millennial employees are looking for more than a paycheck from their jobs. They give priority to meaningful work over profit making. Personal development is vital for this group and their mindset is to work with their employers rather than for them. The millennials want to perform for an establishment where their talent is exploited to the fullest.
The Gen Next wants to make an impact and is enticed by work environments in which they get a chance to contribute and innovate. They thrive on unique opportunities to inject meaning and bring about a positive change that can benefit a company and fuel its growth. An organization that is better aligned with the wants of today’s crop of employees is more likely to appeal to the millennial generation.
Flexibility & freedom
The 9-to-5 schedule is a big no-no for the millennial workers. Given that this tech-savvy brood values the work-life balance, they demand freedom and a more flexible work schedule. Though methodical in their job the millennials like to occasionally operate from home or a co-worker space when no client meetings are lined up. Many companies are catching on to this system and have begun creating a fluid approach to work.
Millennials have grown up with mobile devices which have integrated into their daily lives. Companies interested in recruiting them need to be active on social media and have an online presence with an engaging website. Only businesses that make networking a part of their community are likely to catch the eye of this tech-savvy generation.
Abolish annual reviews
The millennial workforce is interested in frequent feedback and check-ins from their supervisors. They cannot wait for annual reviews and want to know about that their performance score and ranking quickly. Not only that, the young employees need the feedback to be delivered in a structured manner with clarity and specifications. In a bid to attract this new generation of workers many companies are revolutionizing their performance review policies.
If you serious about luring creative minds and extraordinary professionals on board then take a closer look at your hiring tactics. You might need to make a concerted effort to revamp and tweak the corporate culture to appeal to the work styles, expectations, and career perspectives of the millennial generation.