The term millennials have a lot of hyperbole surrounding it. Companies want to hire them, social media platforms want to monitor them, and the media tries to undermine them. Regardless of your generation, you’ll most likely be working for either a millennial or a millennial within the next decade. According to a report released by BNP Paribas in 2016, the number of businesses started by millennials has doubled since the previous generation. This article will examine the factors that motivate millennials in the workplace and several ways to engage them.
Lean Into Digitization
As a generation, millennials are accustomed to using the latest technology at home. Therefore, their work needs to reflect this. Many companies are adopting a “choose your tech” onboarding procedure, which allows new employees to pick their own devices. This helps keep them engaged and provides them with a level of technology they are already used to. There are several ways that you can help your workplace become more digital.
One of the most critical factors you can consider when it comes to keeping millennials engaged in the workplace is having a budget for new software. This will allow you to ensure that your employees have the necessary tools to perform their jobs.
To attract and retain the best possible talent, HR professionals are starting to look into the recruitment process as a candidate-driven process. This concept will allow them to create a more personalized experience for potential employees.
One of the most effective ways to keep millennials engaged in the workplace is by providing regular feedback cycles. This will allow them to understand their work better and improve their performance. Another important aspect of this strategy is creating an onboarding flow similar to what you’d provide for a product. Reward structures designed to match an employee’s core values are also important. For some, this may be other holidays, stock options, or financial rewards.
One of the most effective ways to keep millennials engaged in the workplace is by providing a variety of perks and benefits. Some of these may include regular check-ins on their health, free mental health counseling, and fitness-focused incentives.
Have an Inclusive Culture
One of the essential factors you can consider when it comes to keeping millennials engaged in the workplace is having an environment conducive to their well-being. This can be done by establishing a culture inclusive of all aspects of their lives.
The importance of belonging is more vital for millennials than for previous generations. This is because their value of recognition, respect, and reputation is higher. Some of the ways that you can help your employees feel valued are by providing them with a variety of resources and activities.
One of the most effective ways to keep millennials engaged in the workplace is by providing regular team-building activities. These can be done outside of the typical working day. One of the most critical factors you can consider when it comes to keeping millennials engaged in the workplace is having a no-technology meeting rule.