By | Elaine Bennett | Digital marketing specialist
Every generation has its own unique traits that affect the way they operate in the workplace. However, the new generation of Millenials is probably the most drastically different than any before.
In the past few decades, we’ve witnessed some of the most disruptive technological changes and they immensely affected the modern workplace. Millennials, as the first generation to come of age in this new, digital world, view the workplace completely different than their older counterparts, Baby Boomers and Generation X.
And, as Millennials now make up more of the workforce than any other generation, it’s become necessary to adapt the corporate culture and management styles to accommodate their mindset. Here are a few tips to help you achieve that.
Focus on results
There are quite a lot of negative traits assigned to Millenials and laziness is certainly one of them. And while they do like to take the easier and shorter road whenever they can, that doesn’t mean that they are not hard-working and efficient.
To the contrary, research actually suggests that Millenials are in fact workaholics, they just have a different view on productivity. Unlike older generations who value fixed schedules, strict rules, and dress codes, Millenials prefer a more relaxed approach. However, despite their casual attitudes towards work, they are extremely dedicated and result-driven.
So, if you’re dealing with Millenials, don’t be afraid to give them freedom and flexibility – and you can rest sure that results won’t be lacking.
There’s no doubt that technology is changing the workplace and creating the offices of the future. From online communication, cloud computing, and paperless offices, there’s no escaping the digitalization of the workplace.
When it comes to technology, it’s no wonder that Millenials, as the latest generation to enter the workforce, are quite savvy. After all, they are the first generation to grow up in the digital world, with smart devices and the internet as part of their everyday lives.
In the modern workplace dominated by Millenials, the latest tech is no longer just a perk – it’s a must. In fact, according to a Microfost report, 93% of Millenials think that technology is one of the most important aspects of the workplace. So, in order to attract Millennials and keep them happy and engaged in the workplace, businesses need to embrace the technology that will facilitate flexibility, productivity, and collaboration.
Diversify payroll options
You’re probably familiar with the infamous Millenials and the avocado toast theory. An Australian millionaire and real estate mogul, Tim Gurner, advised MIllennials that, if they want a house, they should stop buying expensive avocado toast.
And while this advice puts all the blame on Millenials, and none on the economy itself, the Millenials are certainly not the most financially responsible generation. They do tend to make frivolous purchases, sacrifice job security and stability for flexibility, and are notorious job-hoppers. And combined with an already hard-to-navigate economy, these financial habits negatively impact their credit scores.
In fact, 58% of Millennials have been denied at least one financial product due to their credit score. While many Millenials can’t open a bank account, some of them simply choose not to even if they can. Moreover, they don’t want to spend additional money on cashing traditional paper checks. Instead, Millenials prefer personalized payroll cards, as they offer more flexibility and don’t impact their credit.
As mentioned before, there’s not much that Millennials appreciate more than flexibility in the workplace. And this doesn’t only apply to their time spent at the office.
You’re dealing with a generation that’s extremely aware of the importance of feeling content and having enough time for self-care. This means that, if you want to keep your Millenial employees happy, you should be prepared to offer them flexible hours and allow them to work remotely if needed. That way they’ll have enough time for their friends and family, as well as for hobbies and traveling.
Also, Millenials strongly believe that work and leisure should be separated. While technology has many advantages, it also means that your employees can be at your disposal 24/7. It takes almost no effort to pack the work laptop and check the email from home, but that doesn’t mean you should expect that from your employees.
In today’s fast-paced work culture, where employees are encouraged to eat coffee for lunch, it can be hard to know when to stop. That’s why more and more people, especially Millenials, are experiencing burnout. So make sure to leave your employees enough time to rewind and not to overwhelm them.
Which one of these tips will you use to improve your relationship with your millennial employees?
Elaine Bennett is a digital marketing specialist focused on helping startups and small businesses grow. Besides that, she’s a regular contributor for Bizzmark Blog and writes hands-on articles about business and marketing, as it allows her to reach even more people and help them on their business journey.