The Millennial Mindset
Whenever I ask managers about their pain points in managing talent, the default response is high turnover among the new generation of employees. At almost every HR conference that I attend, one of the most pressing talent issues that are discussed is the retention of top talent, specifically in the millennial workforce. As a greater proportion of the workforce is replaced by millennials, it becomes crucial to understand their mindset, in order to solve this problem.
Growing up in a digital world, Millennials have been, for the most part, always connected. This is a major factor in understanding their mindset. Many have been using electronic gadgets since a young age. This has led to the development of certain attitudes and lifestyles:
1. Connected all the time — Computers, cell phones and other gadgets are perfectly normal, necessary parts of life, not just technologies or privileges. They are part of being connected.
2. Purpose — For the average millennial, information is constantly evolving and the things they do become more significant than what they know.
3. Trial and Error — The Trial and Error method is perfectly acceptable to find both passions and careers.
4. Multitasking — Multitasking is embedded in everyday life. They can text, surf the internet and listen to music while creating a report.
5. Sense of Urgency — Delays are not tolerated. The immediacy of the Internet through e-mails, social media and instant messaging has made the Millennials impatient, with short attention spans.
As an employer, understanding why Millennials act the way they do becomes key to motivating them. To develop action plans around engagement and motivation, take a look at strategies to engage and motivate your millennial workforce.
Compared to the work culture of previous generations, there is a clear difference that is leading to cultural revolutions at the workplace. There are still business managers out there who resist these changes and fail to see the cultural evolution created by millennials as positive. We need to embrace this in order to prepare the millennials, the future leaders of the workforce.