The Deloitte millennial survey shows that 75% of the workforce will be made up of millennials by 2025. We’ll explain how Millennials changes the workforce and workplace. Retiring baby boomers are replaced by the younger generation who are influencing the state of the workforce and how work is done today and the future. Companies are adopting new ways of managing, hiring, retaining, and motivating young employees. The priorities of many employees have also changed. Work-life balance, transparency, and development are attractive to job seekers. It is just a matter of time before the workplace is completely revolutionized. To remain competitive, companies must change their internal culture to accommodate millennials. Here are ways in which this generation is transforming the workforce.
Millennials Are Steering Workforce Changes
Emphasis on Work-Life Balance
Living a full life is very vital to millennials and it changes the workforce; that is why having a career that will not interfere with their personal life is a priority. They expect to be necessary tools to perform their tasks within the stipulated time and receive compensation when they stay late. The USA is the most overworked country, and it has a long way to go to achieve work-life balance. Most employees take work home, stay in the office for many hours, and some even work during the weekend.
The younger generation has been very vocal in fighting for balance. This is a generation that does not conform to traditional methods; therefore, they will help to speed up the process of achieving this balance. Working from home is a common phenomenon today. It allows employees to balance work and family, cut down or avoid commuting and work at the comfort of their homes while delivering quality and timely output.
Millennials Changes Workforce By Taking Up Meaningful Work
It is very satisfying to work in an environment where your input adds value to both the company and the society at large. Meaningful work is one of the critical factors millennials consider before taking up a job. In the future, the workforce will be full of individuals who focus on positive impacts in the workplace. More and more people are taking up volunteer work, and many of these people are the younger generation.
The ability to do what they are good at is essential to many millennials employees, as a result, changes the workforce. A job that helps to accelerate and build their careers is vital for millennials. Many people want to learn and develop in their job. Nobody wants to sit down in a desk for 8 hours a day doing something that does not add value to their lives.
Emphasis On Technology
Millennials grew up in the digital age, so as companies adopt technology in their businesses, the young generation will be more open, flexible, and willing to accept the change. They use technology to make work more convenient and run smoothly. Companies that use the latest technology attract top talents. This is why companies have introduced video interviews and online pre-interview questionnaires.
Conclusion on How Millennials Changes The Workforce
Finally, millennials are changing the workforce in multiple ways. This is a generation that is not afraid of conveying their ideas of the ideal workplace and society at large.