Managing Millennials – It’s Their Generation Now
Businesses must update management and engagement techniques to retain millennial talent. In just five short years, millennials will represent 44 percent of the U.S. workforce. Five years after that, that number will be 75 percent!
This generation is not expecting to have traditional “careers,” but rather a “series of professional experiences.” Millennials also tend to be team-driven and inclusive, and enjoy constant feedback. And although baby boomers “live to work,” millennials “work to live.” They are inspired by the value they add to their work and seek meaningful assignments. Many are frustrated by traditional office structure and hierarchies. Additionally, millennials are loyal to their professions and networks rather than to their employers. It’s quite a big shift.
