“I love flashmobs or commercials that talk about concepts rather than products; both are a refreshing change to marketing and make me feel like I’m part of something by engaging me rather than inundating me.” – Mia, age 24
They are not like previous generations. The communicate differently and view work through their own unique lens.
They are the Millennials in your workplace.
They want shared responsibility & flattened leadership
Previous generations respected the corporate hierarchy and wouldn’t dream of doing end runs around their personal manager. Millennials think nothing of sending the CEO an email to share their ideas directly with the person in charge.
They don’t understand why this is an issue. In fact, they will call senior staff by their first name on day one.
“That’s his name isn’t it?”
Managing Millennials
The 7 minute video below shows Millennials in action at work.
Generation Save
According to the Chicago Tribune, in a recent survey by Microsoft Inc., titled “Millennials in Financial Services” conducted by KRC Research in Washington, DC,
“Of the estimated 80 million Millennials in the workplace, only half report they are currently planning to invest in the stock market, savings accounts, or 401(k)s” because they have less trust in banking and investment firms since the bailouts of AIG, and global banks a year ago.”
Millennials in the survey believe that the U.S. financial industry is out of touch with the way they would like to communicate with their financial institutions.
What is your company’s approach?
As you can see from the video and the survey cited, Millennials in your workplace have great expectations of their corporations and their career. They are glad to share it with you and are not averse to telling you exactly what their expectations are.
What approach is your company taking to accommodate the Millennials? Have you even considered this aspect in your recruitment techniques? Your comments are welcome.