Millennials in the Workplace: Communication, Traits & Benefits
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Millennials in the Workplace: Communication, Traits & Benefits
- 1. Presented by: Zoila, Wilson, Frank Millennials in the work place Frank Cunha III, AIA Executive MBA Program Montclair State University
- 2. 11% 30% 27% 30% Silent Generation Born: 1928-1945 Profile: • Executive Presence • Believe on face-face meetings • Formal letter as best method of communication • Job for life • Respect for authority Baby Boomers Born: 1946-1964 Profile: • Workaholics • Less adaptive • Family-orientated • Innovators • Loyal to employer • Job security driven Generation X Born: 1965-1980 Profile: • Individualistic • Online communication preferred if time permitting • Loyal to profession, not to the employer • Respect must be earned • Goal and achievement orientated Millennials Born: 1981-1993 Profile: • Social Media as the best method of communication • Smart phone dependent • Tech Savvy • Multitaskers • Meaningful work • Workplace flexibility Z
- 3. 30% Millennials Born: 1981-1993 Profile: • Social Media as the best method of communication • Smart phone dependent • Tech Savvy • Multitaskers • Meaningful work • Workplace flexibility
- 4. Workplace Benefits Environment Communication Traits More paid time off Rotational opportunities to better understand the business, have the opportunity to lead different teams. Flexible dress code Daily briefings on flexible scheduling Technology support such as VPN, Google Drive, Skype, etc. A lot of training, coaching and feedback from the employer A solid succession plan and career path for professional development 1 2 1 2 1 2 1 2 Work life balance (e.g. ability to work remotely or flexible work schedule) Millennials Workplace Attract, Retention & Grow
Editor's Notes
- Millennials Presentation Background Silent (1945) Close to retirement Structured work place Respect for Authority – Hierarchy matters Boomers (1964) Work-aholic Family oriented Job security – How do I keep my job? Gen-X (1980) Trailblazers for technology Loyal to profession; less loyal to the organization Goal oriented – Work/life balance; work individualistic Millennials (1993) Social Media – Being Connected Life is technology – There is no break between the real world and the virtual world – it is all interconnected Less about structure – more about the “team” and being flexible Post-Millennials (Current) 18 and 19 – Even more technical and demanding They are already entering the work force Conclusions: The “in-between-ers” (1966, 1975, 1978) Adopt from other generations Children and parents Co-Workers – supervisors and direct reports How to Attract, How to Retain, How to Grow Flexibility (work from home) Technology – More updated More Perks/benefits Healthcare Retirement planning “Understand our generation” Create a career path – set milestones Teams Frank, Zoila, Wilson Marian, Melanie, Stephanie, Dan Rohan, Matt, Sylvia
- WILSON