Tag Archives: Millennials in the Workplace

3 Ways to Maximize The Benefits of Millennials in the Workplace

Millennials in the workplaceFor quite some time the word “millennial” has carried somewhat of a negative connotation. But when employers can begin to recognize the positive qualities of this controversial generation, they can start to maximize the benefits and ROI of fostering a productive work environment for millennials. Millennials are on track to comprise fifty percent of the workforce worldwide by 2020. If you want a good workforce in the workplace, now is the time to gear up as the impact of the millennials in the workforce  continues to grow.

Three key ways millennials in the workplace will help your company grow

  1. They’re Outside-The-Box Kind of People: It’s been recognized that millennials contain a lot of unconventional types. They can evolve quickly with the changing pace of the world and are highly adaptable. So at work, it is a good idea to set up an outside-the-box kind of environment for them. Literally. Nix the cubicles and set up an open space work setting. Allow millennials to work where they need to work in the office in order to get the creative juices flowing and offer a bigger contribution to your company.
  2. They’re Collaborative: Most millennials don’t have the “me too” attitude when it comes to succeeding in the workplace. To them, they succeed when their peers also succeed. Millennials are a collaborative bunch so it is imperative to set up a work environment that’s congruent with this mindset. One way to do that is to put in more long table areas for meetings and co-working. Encourage think tanks and reward collaborative projects.
  3. They’re Flexible: As mentioned above, millennials are good at adapting. They’re flexible people and that means to really optimize their productivity at work, they need to work in a flexible setting. Don’t confine your millennial employees to one setting. Install varied kinds of seating including chairs, long tables, and sofas. Create a setting that prioritizes flexibility.

Taking these three key ways millennials in the workplace can help your company grow and help create a more agile workplace for all generations in the workplace.

For more info on finding office space that will be conducive to all generations including millennials in the workplace, contact us today.

Millennials in the Workplace: How the New Majority of Workers Will Change Your Culture

Millennials in the workplace

Millennials in the Workplace means your office culture is about to change – dramatically. Today’s companies must prepare their office cultures for this influx of young workers. But how?

At one time, the baby boomer generation (born 1940s to 1960s) dominated the workplace, creating a culture of workers who stayed at the same company for decades. They worked hard, asked for little and sacrificed a lot to climb the ladder.

That was then. But this is now: The millennials or generation Y (born 1980s to 2000s) now represent a majority of the American workforce.

What Millennials in the Workplace Want

A new Gallup report reveals that most workers, many of whom are millennials, want their work to have meaning and purpose. This is especially true for gen Y. Despite their student loan debt, millennials are motivated by meaning as much as they are by money.

This means that to attract and retain millennials, it will become increasingly important for companies to show they care through community involvement and sponsorship of charitable causes.

Be a Company That Cares

Involve employees in charitable causes and ask them to volunteer for outreach programs. Partner with a cause that reflects your corporate values and let employees make charitable contributions through payroll deductions.

You can also find local opportunities for community service such as soup kitchens. Consider offering Volunteer Time Off (VTO) to employees who volunteer during work hours. Even if you only allow several hours a month, millennials will respond enthusiastically, engendering loyalty.

As you hire more millennials, you will find that their fresh perspective elevates the conversation inside your office culture, causing older workers and managers to rethink their own sense of meaning.

If you would like to find office space that can prepare your company for the new wave of Millennials in the Workplace, or if you have thoughts to share, contact us. We would love to hear from you.

Rethinking Preconceived Notions About Millennials in the Workplace

Millennials in the workplace

The Reality of Generational Issues in the Workplace

The issues associated with Millennials in the workplace can no longer be ignored. It’s true that Millennials now dominate the workforce. However, in an era where Baby Boomers are very reluctant to retire and where the neglected members of Generation X are still well within their prime years of employment, generational conflict is something that all employers have to consider. Employers will be more effective at resolving these issues if they are able to confront existing stereotypes about Millennials in particular.

Millennials in the Workplace and Career Advancement

It’s widely believed that Millennials are largely uninterested in putting in the time and effort that it takes to excel in a career. Some people attribute this to the idea that Millennials prioritize their family members over their jobs, in spite of the fact that Millennials are less likely to get married and have children than members of previous generations. Other people attribute this to generational differences in work ethic. Some people believe that Millennials have overly high expectations for their workplace environments.

In reality, Millennials have often been unable to start career paths of any kind. The entry-level job of old has been replaced by the unpaid internship. Millennials crushed under student loan debt have been forced to work for free. Unpaid internships have frequently not led to real jobs, and they have sometimes made Millennials less employable down the line. The Great Recession is over, but it was largely older workers that benefited from the subsequent improvements to the economy. The research has also failed to produce evidence that Millennials are different from anyone else in terms of work ethic.

Meeting the Expectations of Millennial Employees

If anything, the employers who are able to provide Millennials with benefits and consistent and adequate salaries will usually get workers who are extremely motivated. Millennials do not take any of this for granted, since they typically started their working lives without benefits of any kind or even modest salaries. Employers often don’t have to go out of their way to accommodate Millennial employees. They just have to make sure that Millennials get what previous generations took for granted.

In addition to coping with record-breaking levels of student loan debt, Millennials are dealing with higher living costs than previous generations. A salary that might have stretched far when the Baby Boomers or Generation X members were in their twenties and thirties might be insufficient in a world where even the cost of food is higher. Underemployment is a crisis for the Millennial generation, and employers who go against this trend will get eager Millennial candidates right away.

Generational Conflict and Sensitivity

Millennials are very aware of how they are perceived by some members of the Baby Boom and Generation X cohorts. Some employees from these cohorts are happy to share these views publicly in workplaces. Employers need to recognize that this is a source of workplace conflict. In some workplaces, sensitivity training regarding ageism might be necessary. Getting an office environment set up for Millennial workers in a world where they are the majority partly means understanding the realities of this generation’s struggles. It also means finding ways to avoiding escalating the generational conflicts that have been going on for years.

If you are looking for an office to accommodate all generations including Millennials in the Workplace, Contact us. We can Help!

Two Reasons Why Millennials in the Workplace Is Right For You

Millennials in the workplaceIf you are looking at millennials in the workplace as a bit of a coin flip, think again. Trust us, it’s right for you, and here are a couple of reasons why.

  • First: This is the most educated generation ever. Millennials generally hold a bachelor’s degree or higher; however, they graduated following the great recession so underemployment was pervasive in recent years. Employers are starting to see this as a boon rather than a problem. HR departments will see candidates that are college educated thirty-somethings in greater numbers than ever before. Harnessing their ability to bounce back from adversity while satisfying their need for a different set of “wants” than their parents will be the next big challenge for employers.
  • Second: Millennials believe that if they are going to make it, it is on them to create their own momentum. This attitude has turned some members of their cohort into tech entrepreneurs, starting their own businesses. Others have turned this attitude into “I can learn to do it myself. I will train myself.” This is a good thing for employers as it may mean that the pool of millennial candidates is not only college educated but interested in continuing to learn lifelong and career long. They will look to fresh ideas and new career paths. They will want career advancement with flexible schedules and unconventional work arrangements even more than previous generations. A business that can satisfy desires for advancement and flexibility may find company loyalty regaining a foothold with this generation.

If you are interested in finding a workplace that can satisfy the needs of the multi-generational workforce. We can help. Contact us today. We have local tenant reps located throughout the US and Canada who are well versed on the current needs of businesses in developing a workplace strategy that will help attract and retain employees.

OfficeFinder Office Tenant Rep Directory

Find Office Space

Millennials in the Workplace: This Isn’t Your Father’s Office

Millennials in the workplaceThe generation born after 1980, referred to as Millennials, have a completely different view of career and family life than their predecessors. They have just become the majority of the workforce in the US. Their shift in thinking creates a unique opportunity for companies of all sizes. With increasingly sophisticated employees who are not willing to settle for the status quo, it’s vital that companies change and adapt, or they risk losing their most valuable asset. But, what, exactly, do Millennials in the Workplace want? It’s not what you may expect from a tech savvy group of young workers. In fact, some of their demands might surprise you.

Work and Family Balance

According to research performed by Bentley University, both male and female Millennials are more interested in striking a balance between their work and family time than previous generations. They are not willing to sacrifice time with children, spouses and other loved ones to climb the corporate ladder. In addition, round three-quarters of men and women say they are not willing to jeopardize their personal values in the name of their careers. Millennials also value both maternity and paternity leave, citing it as one of their top concerns. Employers that are sensitive and responsive to this need are more likely to retain talent than those that aren’t.

Workplace Relationships

This segment of the workforce places a premium on the atmosphere of their workplace. Collaborative, mutually respectful, and appreciative environments attract and retain them. They also have a strong need to be a valuable member of the team, but it’s not all about personal recognition. In fact, around 84 percent of Millennials have the desire to make a positive impact on the world around them through their work. Most of these younger workers are not willing to deal with unpleasant situations, disrespect or other dramas in the workplace simply to advance their careers. They are quick to change employers should the circumstances become too difficult.

Career Advancement Timeline

For past generations, the goal was to get your foot in the door of a company, start at ground level and work your way up the ladder as quickly as possible. It was considered a badge of honor, something to aspire to. For this generation, however, it’s not as important to race to the finish line. In fact, most prefer the option to slowly work their way towards higher levels within the company or industry. Therefore, it is a wise move for companies to offer multiple, individualized paths to leadership positions in their workforce. The reality is, however, that over a third of Millennials simply are not interested in leadership roles because it takes time and energy away from their families.

Millennials, while fully aware of the need to secure and retain a well-paid position with a solid company, are not willing to sacrifice much. They demand a workplace that allows them to learn, grow and prosper without taking a moment away from their family lives. If you’d like more information about Millennials in the workplace, or if you have thoughts to share, contact us. We would love to hear from you.

OfficeFinder Office Tenant Rep Directory

Find Office Space