The following is a guest post.
As more and more Millennials (people born between 1983 and 2001) join the workforce, their vast generational differences have become unmistakable, and people are beginning to take notice. Generation Xers (people born between 1965 and 1982) tend to clash with them considerably and many are resistant to change. But like it or not, Millennials are changing the game. Here are a few ways they’re doing it.
Rejecting the 9 to 5
Traditional work hours are a huge turn off for Millennials employees. Between freelancing and self-employment, Millennials have more options to work at their own pace. And they aren’t afraid to job hop, which costs employers thousands of dollars. A recent survey by Millennial Branding showed that an astounding 87 percent of companies report that it costs anywhere from $15,000 to $25,000 to replace each Millennial that jumps ship.
A big contributor to Millennials looking for work elsewhere is office flexibility. A different Millennial Branding report showed that nearly half (45 percent) of Millennials choose workplace flexibility over higher pay. Millennials want to work on their own terms, and in order to keep them around employers are taking notes.
Embracing Social Media
Millennials are addicted to social media, and they don’t want their job to stand in between them and their profiles. About 56 percent of college students said that, if the company they applied to work for didn’t allow social media use in the office, they would either decline the job offer or accept it and find a way around the ban.
Companies are now starting to recognize this trend and are becoming more lenient when it comes to enforcing social media policies (about 41 percent of employees recently surveyed said their companies had flexible social media policies). Additionally, about 71 percent of Millennials said that they want to work with people that they can consider a second family.
Taking on Leadership Roles
Many people think of Millennial employees as interns and entry-level staffers that take jobs at ad agencies and startup companies. While some of this might be true, many Millennials have moved into management positions. Some have even taken it a step further and become CEOs of their own companies, including Ryan Hardwood (Purewow), Ben Lerer (Thrillist), and Katia Beauchamp and Hayley Barna (Birchbox).
Large ad agencies and media companies are entrusting Millennial more and more, skipping over Generation X managers to promote Millennial leaders. Companies want leaders that can speak directly to their peers, making Millennials an enticing option when positions open up and promotions are handed out. Because of this, you can expect Millennial to supervise, manage, and take power in the decades ahead.
Creating a Collective Culture
Millennials who grew up taking part in team-based activities or playing sports are creating office environment that are more transparent and open. Often, Millennial companies structure themselves by creating a collection of teams that are distributed across a variety of locations. As a result, companies that are older are transforming their hierarchical structures to be more like these companies so they can compete for Millennial talent.
Searching for Meaning
Today, Millennial aren’t just looking for a job to pay the bills and survive. Instead, they’re looking for a lifelong pursuit that taps into their passions and aspirations. As stated earlier, Millennial have no problem sacrificing a bigger paycheck for meaningful work. Millennials want their work to have more meaning than a regular job can offer and want to make a difference in more than just their career.
Millennials grew up in the digital age, where access to information is instant and familiarity with new technologies comes easily. These technologies are now being implemented into the workflow of companies, attracting Millennials to come work for them and taking advantage of what these new technologies can offer. For example, iDatix workflow automation helps consolidate all of a company’s work into one program, giving Millennials more time to work on the things that matter most to them.
Additionally, programs like BYOD have been implemented to help companies attract Millennials by giving them the option to work from home. Since Millennials enjoy working on their mobile devices and online, more companies have begun offering programs like this one to keep up with the times.
Times are changing, and with that change has come a new generation of workers called the Millennials. If you haven’t noticed already, they’re changing how the workplace functions and operates.
Do you work for a company that has Millennials? Are you a Millennial? What are you experiences? Leave a comment below and let us know what you think.
Molly, the author of this post, loves writing on various topics across the internet. You can find her on Twitter as @WriterMollyP.