Who are the Millennials and what you need to know when you work with them? Trends and workforce evolution
Millennials_next generation workforce
Aug 06, 2015
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Who are the Millennials and what you need to know when you work with them?
Trends and workforce evolution
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Hot topics
Workforce crisis Millennials – the “ME” generation Future trends Solutions
1/10/2015
Roxana-Nicoleta Vintila
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Workforce crisis
1/10/2015
Rainer StrackThe workforce crisis of 2030 and how to start solving it now
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Conclusions
By 2030 There will be a global workforce crisis due to:
A massive labor shortage
A huge skills mismatch
Cultural challenge
Millennials will represent the majority of the global workforce
Solutions Migration - an important no. of young people willing to move to other countries
Training and education - educate the workforce for the future jobs
Retention - companies should focus on culture
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The “ME“ generation
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Who are the Millennials?
Born between 1980 - 2000
“I can do everything!” & “I am the
best!”
Social media generation
Flexibility Innovation
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Who are the Millennials?
Between 20 – 30 they
experiment
Seek mentors to guide them
3 years tops on the same
positionSelf centered
NO 9-5/6 schedule
Continuous feedback and recognition
Very sensible to criticism WHY?
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@WORK
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Who are the Millennials?
“Lazy” vs. “very
educated”
Eager to learn new things Entrepreneurs
Not so focused on building a
family or having babies
Don’t print it, if you can e-mail
it!
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Millennials’ strong points
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Creativity
Flexibility
Innovation
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Perfect jobs for Millennials
Agile developers
Agile managers
Consultants
HR: Recruiters and Career Counselors
PR and Social Media experts
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How to adapt and work with Millennials?What companies should do?
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12Key points companies should pay attention to when working with Millennials
Creativity
1. Tell them WHAT to do• not HOW to do
it
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13Key points companies should pay attention to when working with Millennials
Feedback and recognition
2. Offer continuous feedback
3. Use the magic words “Thank you!” and “Bravo!” as often as you can
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14Key points companies should pay attention to when working with Millennials
Self centered
4. Build special engagement policies, to integrate them in the team
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15Key points companies should pay attention to when working with Millennials
3 years tops on the same position
5. Pay special attention to talents retention, and don’t forget that the workforce crisis is next door
6. Encourage the internal mobility so they can have access to: new positions, new platforms, new team members, new clients, etc.
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16Key points companies should pay attention to when working with Millennials
Eager to learn new things
7. Build internal trainings platforms so that they can become the specialists you will need the next 3-5 years
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17Key points companies should pay attention to when working with Millennials
Innovation
8. Use their creativity to challenge the way things are done
9. Encourage them to present their ideas and propose innovative solutions
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Q & A
I’m a Millennial so:
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Roxana-Nicoleta Vintila
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