Nelson - Class of 2011: Motivating the Millennials

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Class of 2011: Motivating the Millennials

Dr. Bob Nelson

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Nelson - Class of 2011: Motivating the Millennials

  1. 1. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson  Motivating the Millennials HR Florida presents with Bob Nelson, PhD Meet Bob Nelson, PhD  President, Nelson Motivation Inc.  Co-Founder, Recognition Professionals International  New York Times / Wall St. Journal Best-selling Author 1
  2. 2. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson Dr. Bob! D B b!  Motivating the Millennials  Profile of the Millennials  Key Influences & Events  Millennial Work Attributes  Motivating the Millennials  Questions & Answers The Millennials Are Coming Generation Age % Workforce Traditionalists (67+) 4 Baby Boomers (47 - 66) 37 Generation X (27 - 46) 44 Millennials (18 - 26) 14 50 MM Gen Xers 44 MM Millennials are here; 70 MM Boomers retiring can’t replace them 46 MM more are coming 2
  3. 3. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson “ 76% of younger workers plan to find a new job as the economy improves improves. ” — Harvard Business Review Fall issue, 2010 Do You Know Me? MILLENNIAL MAN 3
  4. 4. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson D.O.B. 1980-2000 Height As far as I think I can go Weight I matter and what I do matters Address Upscale, and wanting to move up Education The best in history Tools All the latest high-tech Connection Instant, variety of modes Other Optimistic, socially responsible The Millennials Speak The Millennials Speak 4
  5. 5. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson Key Influences PARENTS  Loving, Sheltering  Helicoptering, Clinging  P Pressure to Learn, Succeed t L S d  No Limits, No Boundaries  Close Relationships (90%)  Congruent Values TECHNOLOGY  iAnything  Texting, IM  Facebook 75% have a profile on Facebook 44% read blogs 76% use instant messaging 5
  6. 6. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson PEERS  Active in Teams Throughout Childhood  Constant Contact Via Cell Phone and IM  Peer Influence and Pressure Cultural Influences 6
  7. 7. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson Events Shaping the Millennials 1991 1999 1991 1999 9/11/01 2011 2008  Millennial Work Attributes On Expectations 7
  8. 8. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson On Expectations On Working Hours On Working Hours 8
  9. 9. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson On Authority On Authority Millennial Work Attributes Upsides  Techno wizards  Quick Learners  Resourceful  Hardworking, high achieving Downsides  Inflated opinion of themselves  Overconfident, especially given limited experience  Need instant and ongoing feedback  Need to be challenged 9
  10. 10. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson  What Millennials Want in a Job  What Millennials Want in a Job  Career Advancement Opportunities (55%)  Salary (52%)  Interesting & Challenging Work (42%)  Benefits (30%)  Training/Mentorship (27%) I Love Rewards Class of 2001 Survey  How to Motivate Millennials  Work Direction  Personal Development  Social Interaction  Feedback  Meaningful Rewards 10
  11. 11. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson Work Direction  Keep them engaged  Give general structure to work within, but allow their imprint  Ask for and use their ideas Personal Development  Think long-term; connect them t the future th to th f t  Be a mentor & a coach  Provide opportunities to learn and grow Social Interactions  Allow team work assignments  Provide socializing opportunities 11
  12. 12. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson Feedback  Provide frequent feedback based on their performance.  Provide context for how their contributions relate to the team, organization, customer and society.  Be authentic. Use a proven online rewards and recognition platform 12
  13. 13. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson Use a proven online rewards and recognition platform Meaningful Rewards Creative Varied Personalized  How to Motivate Millennials  Keep Them Challenged  Personally Coach  Create Social Interactions  Frequent Feedback  Meaningful Rewards 13
  14. 14. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson Questions? Bob Nelson, Ph.D. bobrewards@aol.com 1 (800) 575-5521 www.nelson-motivation.com  Speaking & Consulting Services  Resources, Articles & Assessments  Best Product & Bulk Book Discounts  Free Tip-of-the-Week Registration Conference Special: 2 books for $10! + Visit: www.ubuntuthebook.com or call 1‐800‐575‐5521 14
  15. 15. HR Florida Motivating the MillennialsAugust 29, 2011 Dr. Bob Nelson Thank You! 15

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