Business

Most Asked Questions about Millennials in the workforce Part 1

Written by David Larkin

So following on from my first public interview yesterday ( very excited to finally launch),  and great news is my PR has finally started. I’m really looking forward to sharing my knowledge and expertise around Millennials in today’s workforce.  Below are  some of the regular questions I get asked weekly and  I wanted to share some of my opinions and thoughts around some of the challenges we have today.  It’s really dissapointing I see so much content out there about Millennials that just isn’t correct (Millennials are experts at telling you what you want to hear) so these few questions below will hopefully  show you some truth around working with Millennials.  Plus it really emphasises  how important it is for companies  to adapt and align to on boarding and training programs  how Millennials want and  prefer to learn.   

When do Millennials enter the workforce?

Millennials are entering the workforce at a later age than ever before. This is very important as it means that millennials end up with less work experience than previous generations of the same age. A baby Boomers Cv at the age of 25, would looked very different from a Millennial Cv at the age of 25 today.

How do Millennials Prefer to learn?

Millennials are very largely visual generation. Their most trusted learning resource would be YouTube. Companies have been slow to adapt to their on boarding and training programs to align with how Millennials prefer to learn, creating  huge challenges as they enter and advance through the workforce.

Companies need to take the lead in these areas or they will always loose talent and employees.  They need to Invest in getting the right programs in place and soon. IF you invest in the right changes you will see a huge increase in loyalty from Millennials

Can Millennials be loyal and hard working employees?

Yes!! Millennials can be incredibly valuable employees. However, to exhibit those behaviours, they need a workforce environment different from what previous generations have be conditioned to offer. Other generations conformed much more quicker to their workforce, whereas Millennials want ( and, we dare say it, but expect) employers to find the middle ground. This isn’t something i think is a bad thing. Millennial employers often want challenges, as sense of purpose and allot more balance- which is honestly what other generations are also asking for..

What makes Millennials different than other employees? 

As we already know Millennials are ok with shorter tenures of employment and certainly have no fear of quitting a job that is not the right fit for them. This is something we see most common. Which as a result is costing companies billions across the world. This i see continuing to be a long term trend esp with the unemployment rate down to 6.4% in Ireland.

Millennials expect their employers to strongly invest in training and their growth.

Millennials have a perception of expecting promotions faster than any other generation because of their high expectations, lack of understanding of how long it took other generations to get promoted. They have a huge desire for tangible career progress.

Millennials want communication from the Boss, and some Bosses believe or think they are doing that correctly, by being sociable and having fun, where this can really loose respect from todays generation. Ive seen so many Leaders or Bosses think they are doing it correctly and my role is to show them how they should be really doing it. Don’t second guess or become a boss you think people want.  This is very hard to get right and needs Mentoring

Why should Employers hire Millennials?

Besides the obvious demographic tidal wave that i call it.. with Millennials already comprising over 50% of most workforces- We cannot not hire them. As mentioned in the previous question they can add huge Value, but like always its more effective to see all generations work great together. I rarely see this magic, but when we do… it’s phenomenal ( no other word to express) and we see very loyal employees progressing with the company.

 

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David Larkin

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