How to make Millennials stay in a company?
Whenever we talk about millennials, several questions arise from the dust like- What is the actual millennial age group? Are millennials in India any progressive as the ones in the USA? ; and whatnot. But in reality, millennials are considered to be amongst the most productive group of individuals who fall in between the maturity and understanding of CEO level experience, and constantly updated with the Gen-Z.
The average age range for a millennial lie amongst the individuals who were born between 1981 to 1996. A true 80/90's kid by heart and the only generation to have seen the beginning of technology to developing it. An era that has understood the involvement of the latest tech in lifestyle along with traditional work methods, a millennial mind connects to the relevant past and future generation swimmingly.
Employers across the world are looking for millennials to join their workforces as their bright thinking and self-driven attitude gives a good vibe to the company's environment. However, to work with and keep your millennial employees engaged in your work culture, one must follow some simple protocols that will not only enhance your company's team strength but will give stronger competition to your opponents.
Business Culture That Appeals To Their Minds
In the past, validation from a huge corporate that led to generic promotions piled on with just hours of target based work was considered an ideal work culture. But a millennial doesn't find value in a stuck-up environment, and hence won't be loyal until and unless your business culture appeal to them. It could often be frustrating for an old-school manager to work with a millennial if they aren't smart enough to understand what drives them to productivity. A company should have a relevant mix-aged staff, who understand each other's ideas and value their opinions as a leader/colleague.
Being Supportive, Not Assertive
What corporates fail to understand that dominating or being assertive with their power won't ever help get the job done. Instead, those bosses and managers will easily fall upon the dissed and back-talked person by millennials on lunch breaks. Creating an atmosphere of support where you are dealt with patience and understanding works amazingly for a millennial mind. A little courage can go a long way to gain their trust and provide result-oriented work in the future.
Advanced Technology Assistance
From a big-box tv to LED, Nokia to Apple, this generation has seen it all and adapted smoothly with time. This generation feels the internet is their safe space, like a second home or comfort food. For a generic corporate, the internet might just be another tool for use, but millennials have mastered doing most of their chores via it. Setting reminders, online shopping, scheduling video calls, social media engagement, digital marketing have smitten over these urban minds. Providing high-speed internet with an upgraded technological devices can be a prime engaging quality for your corporation or even a startup.
Involve Them/ Consider Their Opinions
Apart from offering them a diverse work culture and competitive salaries, millennials tend to look around for roles and responsibilities that will enable them to perform better. One of the best and effective way to get them proactive is to improve internal communications between teams. What big corporates give in induction lectures isn't followed in reality. This issue is something millennials won't consider viable and immediately switch to a place where their opinions are valued, and their hard work is appreciated.
For example, the marketing team doesn't communicate with the content team or, the operations team considering themselves superior to the junior associates and putting them down casually.
Engage Them In Social Activities
Every company should have a regular employee engagement program that enables maximum participation from all teams of the company. This not only helps them in giving a break but getting to know their colleagues on a personal level.
Millennials and Gen-Z also do not like to be put in a box at a corporate ladder. They love to dress casually, and not in those crease-cut ironed and crisp formal clothing, which is why more and more companies are approving of a semi-formal or casual outfit for work policy.
Millennials love and approve flexibility in everything like a golden stamp of approval. From good holiday leaves, financial security, work from home possibilities, and flexible working hours, they want it all. If the corporates or startups keep an open mind in understanding their needs, they could easily end up with a bunch of passionate millennials who will dedicate their time fully to them.
Calling their seniors via their first name is a way better method to connect with them personally instead of using the apropos of Sir and Madam for senior associates. Being flexible with your staff will yield fruitful results.
Summing It Up
For getting impeccable results from the millennial workforce, one should combine all the above factors to form a- strong, driven, and innovative team. Engaging millennials is not as hard as Gen-Z as they understand a company's work culture better and adaptive to the situations. Although young minds fluctuate or fickle often, so if you want your talented coworker to be a proactive associate for the future, offer them their time and money's worth.
Remember one thing, impeccable talent cannot replace a mediocre experience of 10 years, and millennials have the knack for it. Go ahead and let us know which of these tips will you be using for your company.