There is an interesting thing happening in the workforce today – it’s called global aging. Our Traditionalists and our Baby Boomers are retiring, but it’s great news because a new generation has arrived into the workforce. It’s called the Millennial generation, bringing new talents and fresh ideas. This is the largest generation in the workforce today. And, sadly, 62% of all Millennials exit their companies within two years from the date they are hired. This turnover is costing U.S. companies $30.5 billion annually. We’ve introduced The Millennial Project to help companies explore their culture and begin to have open dialogues to help them attract and retain this new talent and to become the company of choice for Millennials.
There is an app for understanding Millennials in the workforce, right? Born and raised in a time of technological change, globalization and economic disruption, Millennials are a workforce to be reckoned with. In 2020, Millennials are expected to make up of 46% of the workforce. This module demonstrates ways to integrate processes, mechanisms and work style preferences to the changing generational workforce structure.
Man on the Street
What comes to mind when you hear the term “Millennials”? We took our camera out into the streets and asked individuals what their thoughts are about this generation’s attitude, perspective and work ethic. Through these four video clips, learn more about what people are saying about Millennials and what Millennials are saying about themselves, including some friendly advice.
The Millennial generation is the biggest in US history and they are reshaping the dynamics of the workforce with their unique experiences and a different worldview. As baby boomers retire, employers need to better understand what drives and motivates this next generation of employees. Through this series of panel discussions, learn more about what Millennials are saying about their dreams and ambitions in the workforce and what they are looking for from a prospective employer.
Have you ever felt caught off guard by a request made by an employee? Most Millennials desire flexibility in how and when their work is done or they will likely continue job hopping until they find that flexibility. In this module, practice how you would lead and respond to requests that Millennials are making in today’s work environment.
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