Sunday, November 25, 2012
Wednesday, November 21, 2012
Generation Y Is Taking Over the Business Workforce
Individuals who were born among the years of Generation Y
are also known as Millennials. The retirement of Baby Boomers has continued to
increase, causing higher numbers of Millennials to be recruited and involved in
the workplace. A large number of businesses have not fully adapted to
Generation Y employees because their characteristics differ greatly compared to
earlier generations. Businesses need to embrace the new changes so that all
employees can bring their best qualities to the table.
Common
Characteristics of Millennials
One of the biggest factors that set apart Generation Y
employees is that they are extremely technologically savvy. They had the
opportunity of growing up alongside the technology boom so they have adapted to
learning almost everything about different technological devices. This is a
major advantage for them because businesses are utilizing and depending on
multiple types of technology on a daily basis. Other characteristics of millennials
include that they desire flexibility, appreciate feedback, are self-directed,
hard-workers, and they are more comfortable with diversity in the workplace.
All of these attributes can be very beneficial for every type of business
operating today.
The Workplace Must
Adapt to Satisfy the Increase in Generation Y Employees
According to Deskmag, “this global generation is 375 million
strong and by 2025 will make up 75% of the workforce.” By that time, it is
crucial that businesses have altered enough in order to provide the majority of
the workers with the best conditions possible. Millennials are being selective
as ever when it comes to choosing what company they plan to work for because it
is essential that they are not only happy, but they can attain the proper
balance between their job and all other aspects of their life. Companies
definitely need to look into increasing flexibility, social interaction, and
innovative environments to satisfy current and future employees.
Sources:
Monday, November 19, 2012
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