Millennials, also known as Gen Y, are a growing percentage of the workforce and are expected to increase to over 70% of the workforce by 2025. This demographic, which is defined as individuals born between the 1980’s and early 2000’s, have certain requirements they look for when job hunting. Millennials are motivated by their own set of goals and expectations compared to previous generations, but what are they looking for from their jobs?
Here are a few of their top priorities –
Millennials are more likely to accept a job that enhances their skillset, even if that job isn’t their first choice. Job roles that develop, improve and enhance their skills are a big attraction, with over 50% looking to become experts in their fields within the next 5 years.
Flexibility is important to millennials; they feel flexible working arrangements have a positive impact on both their professional and personal life. A salary isn’t all this generation look for, they are looking for an environment where they enjoy working and manage a good work to life balance. Companies looking to attract millennials should consider flexible office working hours, team days out or wellness initiatives.
Millennials are more likely to follow their passion rather than their paycheck. With a reported 20 – 30% of millennials saying they would change jobs if they found one that was more fulfilling, they care more about meaningful work and look to add value and make a positive impact on the organisation they work for.
Millennials want to know where they stand within the workplace and with their employer. While any existing company reviews are necessary and beneficial, millennials appreciate real time feedback and praise, with hands on guidance, keeping them motivated and dedicated to the job.