The world is changing and with it, the workforce is changing too.
What’s causing this seismic shift? It’s The Millennial Takeover. Millennials are the fastest growing segment in the labor force. By 2020, they are projected to be 50% of the workforce. Where Baby Boomers valued job security and structure in their careers, Millennials find fulfillment in their jobs in whole new ways.
“Millennials are swiping through jobs faster than dates on Tinder.”
1. Instant Gratification
Growing up with all the knowledge of the web at their fingertips, Millennials have an expectation of getting things now.
On demand products have proliferated industries from movie rentals, to taxis, and millennials are bringing on demand into the workforce with apps that let them get their paycheck when they want. For this revolutionary generation, living life is all about doing it NOW.
Growing up with the constant social feedback provided by apps like Instagram and Facebook, Millennials expect instant feedback on their work, and they aren’t afraid to handle trolls.
Don’t hesitate to tell them that their customer service skills are on point. Do you think they could use some pointers on that presentation they’ve got coming up? Tell them. They want the feedback!
Millennials love a challenge, and combatting established career norms is just one of the challenges the young workforce has embraced. With that, the typical 9-5 job is officially going out of style. Millennials are on the hunt for work-life balance and flexibility is a must. That means choosing both when and where you work from day to day.
Employers may be having a hard time adjusting to this, but on the bright side they’re guaranteed a response to that email send at 10pm.
4. Shared Values
One criticism of the millennial work ethic might be that they have less loyalty to their employers.“Millennials are swiping through jobs faster than dates on Tinder.”
However, this generation just might have the right idea.
Young people watched older generations go through the financial crises which involved massive layoffs and pay cuts. With that, they realized that loyalty to a company isn’t such a safe bet. So, instead, they’re attracted to the employers who offer perks and who embrace the Millennial values of flexibility and work-life balance.
*Cough cough, free snacks* *Cough, more vacation days*
Millennials aren’t just changing the world, they’re making it better and they want to work for companies that want to make the world better, too. “Millennials want to work in mission-driven companies, companies that exist to make a positive impact on the world and everyone in it.”
Millennials can inspire us all with this underlying motto: Succeed or fail, we’re all in it together.
“Millennials want to work in mission-driven companies, companies that exist to make a positive impact on the world and everyone in it.”