Working With Generation Y
As the leading national specialist in placing college grads in entry-level positions, we work with Generation Y (also referred to as millenials) every day of the week. By the way, millenials are typically those people born between 1978 and 1992. At the same time, most of the hiring managers we work with at hiring companies are “baby boomers” or those born between 1946 and 1964. Like other eras in our history, generational differences between boomers and millenials are definitely impacting the workplace.
While there are many similarities between the groups (social and environmental consciousness, for instance), Millenials also demonstrate many traits and characteristics that are unique to their generation. Today’s hiring managers are often baffled by this new generation entering the work force.
A common question we get is: “Why can’t I find a new grad that’s willing to work hard?” The answer is that there are plenty of hard working new grads. However, to get maximum performance you have to provide the right environment. The best companies find the best ways to hire, train, motivate and retain the millenials they hire. At GradStaff, we help clients navigate these generational waters every day.
Millenials have grown up and matured in a time of rapid and constant change. Here are some of the important factors that have influenced this generation.
- Rapid technological change.
- Helicopter parents and high levels of structured activities
- Increased levels of single-parent families
- Globalization of world economics leading to the remaking of corporate America
- A high probability that at least one parent lost a job
- Two-career families and day care/latch-key kids
- Internet and online communication
- Cell phones and texting
What does all this mean? Well, a lot. Here are some of the factors that millenials value as they consider career opportunities:
- Trust
- Security
- Structure/Freedom balance
- Work/Life balance
- Feedback/Communication
- Recognition
- Ability to make an impact
- Mentoring
- Fair compensation
- Career path
Our experience is that millenials are flexible on compensation and more likely to consider all factors relevant to them before accepting a job offer.
The bottom line is that millenials as a group are incredibly talented, technology savvy, flexible, and generally team players. The GradStaff staffing model can help you identify the best new grads for your organization in preparation for the "Brain Drain." We can help you hire tomorrow’s leaders today.
To learn more, go to Hiring Companies. Or, click one of the options below to contact your nearest GradStaff location!
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