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Maria Gurova

Motivating Millennials Takes More than Flexible Work Policies - 0 views

hbr.org/...re-than-flexible-work-policies

Social HR trends talent management Workforce shifting organizational structure motivation openness flexibility flexible hours work life balance work from home risk-tolerant environment feedback

shared by Maria Gurova on 03 Apr 16 - No Cached
  • A 2015 Gallup Poll found that Millennials are the least engaged cohort in the workplace, with only 28.9% saying that they are engaged at work. This, combined with high turnover rates and greater freelance and entrepreneurial opportunities, means that if companies want to retain these valued workers, they will have to double their efforts to meet Millennials where they are
  • A 2015 report on Millennials from the U.S. Chamber of Commerce emphasized flex-time as one way to do this — it found that three out of four Millennials reported that work-life balance drives their career choice
  • Multiple studies have revealed that Millennials are keen to see their work as addressing larger societal concerns
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  • the number one reason this cohort leaves a job is directly related to a boss. Other research has found that Millennials want communication from the boss more frequently than any other generation in the workforce.
  • Millennials are strongly drawn to the “anything is possible” spirit of entrepreneurship. Rather than chase these workers away, companies that embrace a risk-tolerant culture and promote learning and experimentation will benefit from the heightened energy around innovation
  • “[Millennials] expect to work in communities of mutual interest and passion – not structured hierarchies,”
  • Shifts in organizational design—including fewer management layers, matrix structures, shared services, and outsourcing
  • Maria Gurova on 03 Apr 16
     
    Key factors that influences Millennials' workplace choices and keep them loyal
Maria Gurova

Leaders Need To Bridge The Generation Gap - Forbes - 0 views

www.forbes.com/...d-to-bridge-the-generation-gap

Social workforce workplace HR trends digital natives wisdom of the elders Millennials diversity generation gap generation cohort

shared by Maria Gurova on 03 Apr 16 - No Cached
  • Now, it is the Millennials’ turn to be the whipping boys, and girls. Their attitudes are in sharp contrast with those of the Boomers who are increasingly running the organizations where they work. While Boomers believe strongly in the value of experience and working your way up, Millennials are seen as feeling entitled and over-pampered by parents only too well aware of how challenging the workplace has become for those who are not sufficiently prepared
  • Millennials are significantly more likely to ask for a pay rise and a promotion than their counterparts in either of the preceding generations
  • they are also rather more likely than their elders to complain of long hours.
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  • challenging as Millennials can be to manage – managers cannot shrink from embracing them and their attitudes. After all, as he points out, they and the generation following on from them will account for more than half the workforce within 10 years.
  • Among the Millennials’ attributes are a willingness to collaborate, a tendency to do extensive research before making a decision and an eagerness to network.
  • The research by Accenture referred to above mentions the need for organizations to adapt to the increasing numbers of women in management positions.
  • businesses need to ensure they are adapting their strategies to recruit, reward and retain these talented and valued leaders.” Then there is the matter of businesses becoming genuinely ethnically diverse
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