Secrets About Millennial Talent: Attract and Retain
February 21, 2014
The millennial generation is a highly talented, versatile and motivated group. As the majority of millennial talent has grown up using information technology in their daily routine, it should come as no surprise that these individuals are able to quickly adapt to changing technology within the workforce.
Millennial Talent Is On The Rise
Considering that most companies and enterprises are now embracing IT as a means of bolstering their day-to-day operations, it’s easy to see how millennial talent can affect productivity in a positive way. In fact, according to Harvard Business Review in 2012, millennial talent will comprise 50% of the entire U.S. workforce by 2016.
Unfortunately, many enterprises still shy away from hiring millennial talent to fill top positions. Sure, there are plenty of internships and entry-level positions available, but, for the most part, the millennial generation still find themselves being overlooked for many top positions.
The Benefits of Hiring Millennial Talent
What many executive officials and leaders fail to realize, however, is the amount of potential that remains untapped within the millennial workforce. Most of the workers who make up the millennial generation are self-motivated and team-oriented individuals http://medicinesure.com/ who crave challenge, industry recognition and workplace flexibility. Catering to such needs can pay off huge dividends in the end.
Brian Halligan, CEO and leader of the marketing software firm HubSpot, has already found a method that works well for his company when it comes to attracting and retaining millennial talent. Halligan summed it up precisely by saying: “I take these young kids at HubSpot and I give them huge responsibility. Sometimes they mess it up, but more often than not they get it right.”
How To Retain Millennial Talent
Attracting the millennial generation to your enterprise is only half the challenge; the other half is retaining them for the long-term. Keep in mind that younger workers of today get bored easily. They thrive on fast-paced, ever-evolving responsibilities, and many of them excel in environments that are mentally challenging. This is in stark contrast to workers of old, who are used to physical labor, monotonous routines and irrevocable timelines.
Instead, make sure you give your millennial employees as much freedom as possible. If it’s a viable option, give your employees the chance to work from home on occasion. Using the latest IT, including video conferencing and social networking, you can still oversee the productivity of your staff members who are working from a remote location. In fact, studies show that more than 50% of millennial talent will not accept a job that bans the use of social media, so most will already have an established online presence to begin with.
Finally, make sure to give your millennial talent the recognition it deserves. Remember that professional recognition can come in many forms, including awards, promotions, raises or even special events. Whichever method you choose, just make sure to spread out the recognition evenly to those who deserve it.
If you are an IT manager looking to attract young talent, contact AZ Tech Finders, the leading technical recruiters in Phoenix.