“Millennials” is such a hot buzzword right now. And it’s completely understandable. This group of ambitious employees is nothing like generations that came before them. They’re career driven and vocal, and they have all sorts of different needs that managers are not accustomed to. Here are seven stats that will give you a better understanding of this young crowd:
Order up: 41% of millennials do what their managers tell them to do, which is greater than older generations, says Strategy+Business. So Gen Y wants you to give them direction instead of letting them test the waters on their own.
Stay in touch: Millennial Branding found that they’re connected to an average of 16 coworkers on Facebook. The line between professional and personal life is pretty darn blurred with this generation.
Always connected: Even more, Cisco says 56% of Gen Ys won’t work at a company that bans social media access. They want to stay in touch and check up on their personal life while at work. It’s not a bad idea, actually.
Any time, anywhere: When it comes to flexibility, Cisco also found that 69% believe regular office attendance is unnecessary. Midnight, dawn, dusk — let them work whenever, but make sure they’re held accountable for their responsibilities.
Head honcho: 72% of millennials see themselves as leaders, according to Virtuali. They don’t want to blend in with any old crowd; they want to have their voices heard and offer up their own ideas.
Getting ahead:Payscale and Millennial Branding revealed that 72% of Gen Y are more attracted to companies that offer career advancementopportunities. If you’re not going to let them grow at your company, they’ll only see you as a mere stepping stone.
Spread the word: SocialChorus reported that 95% of millennials in the U.S. say friends are the most credible source of product information. Be wary of how you treat your employees — word spreads quickly even if you try to put on a pretty face.
Yes, millennials in the workplace have different expectations. But in reality, are they really all that absurd? By creating an engaging culture and providing perks like flexibility and developmental opportunities, you’re actually creating a work environment that all generations can enjoy.