There’s a new generation coming in and driving tomorrow’s workforce. Unless you’ve been living in a cave for the past five years, you’ve heard the “M” word by now. Generation Y—a group more popularly known as Millennials—is beginning to take over the workplace as more and more Baby Boomers begin to retire.
At this point, if businesses aren’t focused on Millennials, they’re at a competitive disadvantage because this generation brings a new level of talent and skill sets previously not seen in the workplace. Millennials have an affinity for technology and tend to be uncomfortable with company bureaucracy. They value open communication and want to move up the corporate ladder quickly, while having a flexible approach to work and maintaining an emphasis on work-life balance.
Tags: Business • managing millennials • Millennials in the Workplace • The Millennial Project