As baby boomers retire, vacant spots will be filled by the next generation of workers – millennials. It is projected that millennials will be 50% of the labor force by 2020 and 75% by 2025. This influx of millennials presents many challenges to school, city and county employers.
As the largest generation in U.S. history (92 million millennials vs. 77 million baby boomers), millennials are tech-savvy, socially resourceful, open to change and altruistic. They make great contributions to the workplace including technology, questioning the status quo and a drive to make a difference.
This generation, unlike any other, is willing and sometimes eager to have several different employers throughout their career. According to a Deloitte study, 25% of millennials would quit their jobs within the next year if given the chance and 60% wish to leave their jobs by 2020. Knowing this, school, city and county employers may need to make some changes to how they attract and retain millennials workers by looking at what they value.
What do millennials value?
Technology – It is no surprise that millennials favor electronic communication over face to face communication since they have grown up in the digital world. They are used to having instant access to information at all times. Technology for them is not simply a tool for getting things done but rather the basis for conducting their lives.
59% of millennials said technology was important to them when considering a job. School, city and county employers must ensure that they are offering current state of the art technology and software to improve efficiency. Get rid of ‘old school’ technology tools and slow internet speeds. Allow employees free reign over the internet instead of blocking, limiting or discouraging signing into social sites. Providing these social tools will enable millennials to instantly connect, engage and collaborate with others while boosting their productivity.
Work Culture – A positive work culture is very important for millennials. Millennials want their job/work to serve a purpose – one that will help to make the world a better place – which fits right into what school and other local governmental employers strive to accomplish. School, city and county employers can:
Career Development Opportunities – Millennials want to constantly grow and learn new skills. According to a recent study from Multiple Generations @ Work, 91% of millennials will stay at a job for less than three years. They want a job with purpose. If they don’t feel engaged or valued, or if they feel stuck, they will not hesitate to leave.
Career development dovetails with creating a good work culture. Even if your organization lacks a traditional career ladder, you can engage employees to develop their careers. Successful public sector employers have found that engaging with employees and showing concern about their growth and long-term success goes a long way with millennials. Here are a few tips that may help:
Workplace Wellness Programs – Millennials value working in an environment that promotes health and encourages them to be active. One way to keep millennials happy is incorporating wellness plans including features such as:
Successful and strong school, city and county employers continue to adjust and refine their retention and engagement strategies to encompass all workforce generations. Download this infographic to learn more about how you can manage a multi-generational workplace.