How to deal with the entitled generation!
Are you a business owner dealing with the new wave of employees? Millennials. The entitled generation. They’re addicted to screens, they’re lazy, they can’t stick to commitments. Is this your preconceptions of Millennials? If so think again, these so called negatives can also be beneficial to your business. Remember Millennials are not only entering the workforce, they are also entering the consumer market. Having the next generation on board will help you stay ahead of the pack along with many other benefits.
Millennials live through technology
Millennials have grown up in a world of screens and internet, these days most schools require students to have a tablet or laptop. This is leading to a growing number of young minds entering the workforce with a whole new world of knowledge and way of thinking. These skills can be put to practice in your business to help implement digital marketing, upgrade IT systems and re-think old processed.
Millennials are motivated
Research by PWC shows that Millennials are driven by a sense of achievement and are rarely content with the status quo, with money rated as the second highest driver in job satisfaction. The same PWC study shows that this generation values career progression, organisational values and training and development above money. This means that when given the right opportunities within a workplace they will thrive and achieve excellence. Unsurprisingly, this means they also want feedback and mentoring. Regular catch-ups and informal conversations are a great place to start. This not only helps them develop and progress but also gives you the opportunity to help shape them into young professionals. Just remember, if you want change and growth in your organisation you need to be open to a new way of thinking!
Millennials are always on the go
Have you ever watched a millennial sit still all day? It’s a very rare sight to see them switch off! This means you’ll need to adapt and allow flexibility to accommodate to their busy minds and schedules. This might seem like a hassle, but this flexibility allows your business to be nimble and means your team will be working at times when they are most productive. There are many benefits of allowing flexibility, which can benefit all staff, not just Millennials.
So now is the time to think about how you adapt and make the skills of Millennials work for you!
Our Business Advisory Specialists are here to help! If you have any further questions about your current business position or to speak with the Millennials of Accru Melbourne, please contact us today on 03 9835 8200 or alternatively complete your details below and we’ll be in touch.