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Attract, Develop, and Retain
Millennials in Your Company
Mesa Business Education Alliance
December 4, 2015
Preston D. Cameron
Definition of Millennials1930 1935 1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025
TBD?
Millenials
Generation Y
Generation X
Baby Boomers
Greatest Generation
http://www.livescience.com/38061-millennials-generation-y.html
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Millennials As College Students
 The Soviet Union has never
existed
 They have only known 2 US
Presidents
 The stained blue dress is
meaningless
 Google has always been a verb
 Disneyland has always been in
Europe and Asia.
 Professional athletes have always
competed in the Olympics.
 Wal-Mart has always been a
larger retailer than Sears and has
always employed more workers
than GM.
 Tiananmen Square is a 2008
Olympics venue, not the scene
of a massacre.
 They never saw Johnny Carson
live on television.
 GPS satellite navigation systems
have always been available.
a.
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Millennials As Employees
 Will be the largest generation in
the workforce in 2015
 A group that’s adaptable,
entrepreneurial, team-oriented,
and super creative
 Looking for employers that
embrace these characteristics
rather than stifle them behind a
desk or in a cubical
 53 percent of the 200 hiring managers
surveyed said it is difficult to find and
retain millennials
 Nearly seven out of 10 (68%) hiring
managers say millennials have skills
prior generations do not.
 Extremely tech savvy, on-the-go
multitasking generation, prone to
getting more accomplished in an
average workday
 60 percent of hiring managers agree
that Millennials are quick learners
a.
Characteristics of Millennials
 Negative Side
Lazy, Narcissistic, Prone to change jobs
Rewarded for participation, Unrealistic expectations
 Positive Side
More open-minded
More supportive of gay rights / equal rights
Confident, self-expressive, liberal
Upbeat & receptive to new ideas
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
The New Hiring Criteria
Can You Do This Job?
Will You Fit In Here?
Will You Cause Me (the Organization)
Trouble?
Do You Have A Network I Can Pilfer?
Hiring Criteria for Millennials
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
What Millennials Want In A Job
 They prioritize meaningful work over pay
 65 percent of them said personal development was the
most influential factor in their current job
 Millennials are invested in companies that are invested in
them.
 they often seek out advice from their mentors and superiors
 80 percent of millennials want that feedback in real-time
Hiring Criteria for Millennials
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Hiring Criteria for Millennials
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Business Needs to show Millennials
 78 percent reported that innovation within an
organization has influenced them in their job
searches
 70 percent say they see themselves working
independently and digitally at some point in their
careers
 One in four Millennials are asking for a chance to
demonstrate their leadership skills
7,800 Millennials in 26 countries http://www.inc.com/lydia-belanger/to-attract-and-keep-millennials-meet-their-demands.html
Business Needs to show Millennials
 Half of them feel their organizations could do more
to develop future leaders
 Most Millennials report that their current employer
does not encourage creative thinking
 Management attitude (63 percent), operational
structures and procedures (61 percent) and
employee skills, attitudes and diversity (39 percent)
as impediments to innovation
7,800 Millennials in 26 countries http://www.inc.com/lydia-belanger/to-attract-and-keep-millennials-meet-their-demands.html
https://onlinemba.unc.edu/blog/geny-in-the-workplace/
Conclusions
For More Information
Preston D. Cameron
Faculty, General Business Program Director
Department of Business & Information Systems
Mesa Community College

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Attracting Millennials to Your Company

  • 1. Attract, Develop, and Retain Millennials in Your Company Mesa Business Education Alliance December 4, 2015 Preston D. Cameron
  • 2. Definition of Millennials1930 1935 1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 TBD? Millenials Generation Y Generation X Baby Boomers Greatest Generation http://www.livescience.com/38061-millennials-generation-y.html
  • 4. Millennials As College Students  The Soviet Union has never existed  They have only known 2 US Presidents  The stained blue dress is meaningless  Google has always been a verb  Disneyland has always been in Europe and Asia.  Professional athletes have always competed in the Olympics.  Wal-Mart has always been a larger retailer than Sears and has always employed more workers than GM.  Tiananmen Square is a 2008 Olympics venue, not the scene of a massacre.  They never saw Johnny Carson live on television.  GPS satellite navigation systems have always been available. a.
  • 6. Millennials As Employees  Will be the largest generation in the workforce in 2015  A group that’s adaptable, entrepreneurial, team-oriented, and super creative  Looking for employers that embrace these characteristics rather than stifle them behind a desk or in a cubical  53 percent of the 200 hiring managers surveyed said it is difficult to find and retain millennials  Nearly seven out of 10 (68%) hiring managers say millennials have skills prior generations do not.  Extremely tech savvy, on-the-go multitasking generation, prone to getting more accomplished in an average workday  60 percent of hiring managers agree that Millennials are quick learners a.
  • 7. Characteristics of Millennials  Negative Side Lazy, Narcissistic, Prone to change jobs Rewarded for participation, Unrealistic expectations  Positive Side More open-minded More supportive of gay rights / equal rights Confident, self-expressive, liberal Upbeat & receptive to new ideas
  • 9. The New Hiring Criteria Can You Do This Job? Will You Fit In Here? Will You Cause Me (the Organization) Trouble? Do You Have A Network I Can Pilfer?
  • 10. Hiring Criteria for Millennials https://onlinemba.unc.edu/blog/geny-in-the-workplace/
  • 11. What Millennials Want In A Job  They prioritize meaningful work over pay  65 percent of them said personal development was the most influential factor in their current job  Millennials are invested in companies that are invested in them.  they often seek out advice from their mentors and superiors  80 percent of millennials want that feedback in real-time
  • 12. Hiring Criteria for Millennials https://onlinemba.unc.edu/blog/geny-in-the-workplace/
  • 13. Hiring Criteria for Millennials https://onlinemba.unc.edu/blog/geny-in-the-workplace/
  • 16. Business Needs to show Millennials  78 percent reported that innovation within an organization has influenced them in their job searches  70 percent say they see themselves working independently and digitally at some point in their careers  One in four Millennials are asking for a chance to demonstrate their leadership skills 7,800 Millennials in 26 countries http://www.inc.com/lydia-belanger/to-attract-and-keep-millennials-meet-their-demands.html
  • 17. Business Needs to show Millennials  Half of them feel their organizations could do more to develop future leaders  Most Millennials report that their current employer does not encourage creative thinking  Management attitude (63 percent), operational structures and procedures (61 percent) and employee skills, attitudes and diversity (39 percent) as impediments to innovation 7,800 Millennials in 26 countries http://www.inc.com/lydia-belanger/to-attract-and-keep-millennials-meet-their-demands.html
  • 18.
  • 20. For More Information Preston D. Cameron Faculty, General Business Program Director Department of Business & Information Systems Mesa Community College