The workforce is changing. By 2025 it’s estimated that 75% of workers will be millennials and generation Z.
Is your company ready for the shift?
Use the following checklists as a guide to keep your business current and competitive when it comes to attracting and retaining millennial workers. Feel free to print this page and work through these checklists on your own (to print on windows hold control p, to print on Mac hold command p). This is a living document so check back for more information as the project progresses.
Millennials are looking for different things in a working environment than their parents. The crucial elements millennials care about are purpose, communication, work / life balance and technology.
This generation has seen their parents go through the 2008 crash, which has changed their perspective on what work should look like. They aren’t willing to give up their entire life for their work. We also need to understand that as digital natives they grew up in an era of rapidly changing technologies and quick connectivity, so they expect their worklife to mirror this. These shifts call for some managers to become inspirational, visionary leaders. This requires companies to identify their inspirational leaders vs their operational leaders. Operational leaders serve to focus on the processes and maintaining structure while inspirational leaders serve as the point of contact and development leader to millennial workers. This approach can benefit all generations of workers.
Millennials have different views on their needs than generations that came before them
Abacus Data https://abacusdata.ca/product/canadian-millennials-study/
The Millennial Whisperer https://www.themillennialwhisperer.com
We are an Employment Ontario funded project designed to bring together job seekers, incumbent workers, employers, and community partners to develop and improve Human Resources and recruitment practices in Lanark and Renfrew Counties.