We live in an age where most of the employees are under 30. There is a huge difference between baby boomers and millennials. The train of thoughts and ideas about work differ by a huge margin. While a number of companies are forward thinking and have young CEOs, most still have older management. So how does a company find a way to keep their younger employees loyal? By creating a work environment that fits their ideals.
1. Provide technology
Modern technology can help your employees be more productive. So provide them with technologies to help them do their jobs better.
2. Offer professional development.
Make provision for your staff to advance, grow their skills, make more money, get promoted and take on leadership roles.
3. Millennials want collaboration.
Millennials want to work with somebody, not for somebody. Make the workplace where teamwork is encouraged.
4. Create a work/life balance.
Gone are the days where it was all about working hard. These days it’s about working smart. Millennials want flexible working hours that allow them to have a social life as well.
5. Millennials want a purpose.
The younger generation wants to do something meaningful. Your company has to have a mission and vision to make the world a better place rather than making money.
6. Millennials just want to be happy.
Millennials want to work for companies that value the happiness of their employees. For some, this is critical.