Millennials at Work: What Do They Really Want?
As millennials continue to join the workforce, companies are left asking: What do millennials want from their employers? https://hrbl.me/2EB0ODNClick To Tweet
If you’re noticing a shift in company culture, thank a millennial. To meet this generation’s needs, savvy companies are rethinking their value propositions.
According to a report from Ernst & Young Global Ltd., millennials — adults born between 1980 and 1996 — will comprise about three quarters of the global workforce by 2025. In the United States, they are now the largest living generation, eclipsing even the baby boomers (born 1946 to 1964), Pew Research reports.
What do these enterprising adults want from their employers?
Helping employees find a broader purpose in their work is part of building a high-trust culture. Millennials especially want to feel proud of their work and know it serves the greater good. That’s why so many millennials choose companies that focus on innovation, which fosters a deeper sense of purpose for this age group.
Millennials’ general focus on upward mobility stems from their entrepreneurial spirit. They want to advance in their chosen company so they can start one of their own. They crave the responsibility, the limitless possibilities and the creative process entrepreneurship provides.
Companies that create a culture of entrepreneurship and innovation have greater odds of keeping millennial employees engaged. Let them manage projects and contribute ideas and watch them soar.
Millennials don’t want to be chained to a desk Monday through Friday, nine-to-five. They want flexible schedules and the option to work from home. They want to bounce around ideas with a team rather than toil in silence. They want laptops so they can work in a shared workspace, in the company kitchen or, occasionally, at their desk.
Employers that offer flex time and telecommuting give employees greater work-life balance and flexibility. Both of these benefits lead to enhanced productivity and happiness.
A trust culture
Great Place to Work researched Best Workplaces for Millennials and found that foosball tables and bring-your-dog-to-work days weren’t as important as one core value: trust.
Superficial changes won’t work unless managers make meaningful connections with millennials. This falls in line with what Great Place to Work has found for decades: Employees are more engaged and productive in an environment defined by trusting relationships.
Because of sheer number alone, millennials are not to be ignored.
And at Herbalife Nutrition, we believe our passion for fulfilling our purpose to make the world healthier and happier and supporting the entrepreneurial spirit of our independent distributors is why millennials are thriving in our business. And because their voices matter and contribute to our success, we’ve established an internal millennial council where ideas are shared and solutions are put into action to help support them in their journey toward entrepreneurship. By offering an opportunity to work on a part- or full time basis, we are empowering a new generation to make a difference in their communities, one person at a time.