1. CGA Strategic Summit
“Millennials in the Workforce”
Created by: Ryan Mekech, Justin Young, Jared Godes, and G. William Lohr

2. Who Are Millennials?
• 83.1 million Millennials
• Comprise one-quarter of the U.S. population
• Generation born in 1980’s to mid 2000’s
• Diverse and different
• One-third of Millennials have 4-year college degree
Source: census.gov

3. What Makes Us Millennials?
• “The generation helping their parents retire”
• Influences
• September 11th attacks, economic recession, technology boom, and increased globalization

4. • 67% of Millennials want to be entrepreneurs vs. 13% who want to climb a
corporate ladder
• Working for themselves vs. someone else
• Companies are taking advantage of this mindset
• These firms understand us, and capitalize on it
• Do you see a trend?
• Millennials working for Millennials
Source: Forbes Magazine

5. • 50% of the workforce will be Millennials within the next five years.
• We know what we want
• Work flexibility
• Creative freedom
• Differences in work ethic
• It is not the process, it is the final product
• Workplace flexibility boosts
• Performance
• Creativity
• Job retention
Source: whitehouse.gov

6. • Workplace environment is a big deal
• Millennials are projected to change jobs every three years
• Location matters
• Opportunity exists in urban areas
• Proximity to work
• Environment influences creativity
• Adapting to the culture of the modern workplace

7. Millennial Attraction and Retention
Two main pillars to keep in mind:
1. Investment
2. Lifestyle

8. Investment
Growth
• Facilitated Training
• As one of the top three non-financial motivators, 76% of employees want opportunities
for career growth
• Training and development spending has increased 15% in the last year
• 40% of employees who receive poor training leave positions within the first year
Source: “5 Surprising Employee Development Statistics You Don’t Know”. Clear Company. 30 July 2014.

9. Investment
• Upward mobility
• Visibility
• Millennials value:
• Constructive input
• Being “heard” and critically listened to
• The ability to be creative
• Nearly 40% of Millennials believe they should be promoted every two years
Source: Time Magazine

10. Lifestyle
• Work-life balance
• Looking past the dollar sign
• Flexible work schedule
• 69% of Millennials believe office attendance is unnecessary on a regular basis
• “Google Atmosphere”
• Social, creative, and fun
Sources: Jenkins, Ryan. “27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, and Parents.” ryanjenkins.
cisco.com

11. Millennials and Technology
• Late 1970’s: personal computers were introduced in schools
• Tech-boom coincided with childhood
• One-quarter of Millennials say their relationship with tech is what makes their
generation unique
• Over three-quarters of Millennials have a social media account
• Generation Xers: half
• Baby Boomers: less than one-third
• First generation to have tech-savvy parents
Source: “15 Economic Facts About Millennials.” The Council of Economic Advisors. Oct. 2014.

12. Millennial Employees Technology
• More than 85% of Millennials in U.S. own smartphones
• Touch them 45 times per day
• One-third would choose social media freedom over a higher salary
• 71% disobey social media policy on the job
• On average, Millennials are connected to 16 co-workers via Facebook
• Millennials want to use technology to increase job flexibility
Sources: Egan, John. “18 statistics that marketers need to know about millennials.” LeadsCon. 22 Jan. 2015.
Jenkins, Ryan. “27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, and Parents.” ryanjenkins.

13. Millennial Employees Takeaways
Millennials use smartphones as a primary form of entertainment and connectivity
Recommendations:
• Bridge the gap: personal and work
• Freedom to use technology on the job is important
• Millinnials connect with co-workers on these platforms
• Social media and apps
• NGA annual meeting last year in Las Vegas, Nevada
• Relate technology to Millennial’s yearn for job flexibility
• Some office work could be completed elsewhere
• At home or on the road
• Data and analytics positions

14. Millennial Employees Takeaways
• Overarching theme: pride
• Learn by doing
• Investment into the Millennial encourages a mutual return into the company
• Prove by doing
• Pairing individual success with company success will solidify morale

15. Thanks for Listening
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Questions?