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Who are they?
Findings are based on Deloitte 2016 Millennial Survey
W
erebornafter1982
Haveacollegedegree
Areem
ployed
full-tim
e
W
orkinlarge(100+em
ployees)
privatesectororganizations
Global Problem
2 in 3 Millennials expect to leave their
current employer by 2020
PERCENTAGE WHO EXPECT
TO LEAVE IN THE NEXT..
Don't know6 months 1 year 2 years by 20205 years 5 to 10 years 10 years Would
never leave
Expect
to stay
13 12 19 22 66 11 11 27 85
64
71 76
52
65
76
71
100%0%
PERCENTAGE WHO EXPECT
TO LEAVE IN THE NEXT 5 YEARS
Why is it important?
Millennials shape the fortune of their organizations
Millennials represent the largest
segment of the workforce in the U.S.
Significant amount of senior talent and investment
is walking out the door
What can be done?
Support Millennials’ ambitions and professional development
Identify, understand, and align with Millennials’ values
Satisfy the demands Millennials have of employers
PERSONAL VALUES
IMPACT ON CLIENTS
PERSONAL GOALS AND CAREER PROGRESSION
BEING TRUE TO THE ORGANIZATION'S VALUES
MEETING THE ORGANIZATION'S OBJECTIVES AND GOALS
AVOIDING TROUBLE AND MINIMIZING PERSONAL RISK
IMPACT ON COLLEAGUES
How Millennials make decisions?
Personal values guide where Millennials work
and what assignments they will accept
SENIOR MILLENNIALS
JUNIOR MILLENNIALS
64%49%
45%
46%
38%
36%
36%
34%
60%
58%
57%
56%
51%
50%
PERCENTAGE WHO SAID FACTOR
IS “VERY INFLUENTIAL” WHEN
MAKING DECISIONS AT WORK
What do Millennials value?
Millennials recognize that financial success is one of the
key elements to success, but on it's own it's insufficient.
THE VALUES THAT SUPPORT
LONG-TERM BUSINESS SUCCESS
EMPLOYEE SATISFACTION/LOYALTY/FAIR TREATMENT
ETHICS/TRUST/INTEGRITY/HONESTY
CUSTOMER CARE/ FOCUS
QUALITY/RELIABILITY 26
25
19
13
GOOD WORK/LIFE BALANCE
OPPORTUNITIES TO PROGRESS/BE LEADERS
FLEXIBILITY, REMOTE WORKING, FLEXIBLE HOURS
SENSE OF MEANING FROM MY WORK
PROFESSIONAL DEVELOPMENT TRAINING PROGRAMS
What Millennials want?
Pay is the nr. 1 driver, but there is a limit an
organization can pay.
RELATIVE DEGREE OF
IMPORTANCE
What are the other factors that come into play?
16.8
13.4
11
9.3
8.3
DISCUSSING NEW IDEAS/WAYS OF WORKING
DEVELOPMENT OF LEADERSHIP SKILLS
EMAILS
RECEIVING COACHING/MENTORING
What they want to do on a weekly basis?
IDEAL FOR A TYPICAL WEEK (HOURS)
ACTUAL FOR A TYPICAL WEEK (HOURS)
IDEAL VERSUS CURRENT
NUMBER OF HOURS SPENT
WEEKLY ON SPECIFIC TASKS
Have purpose beyond profit Corporate values
Support leadership ambitions
Encourage mentorship
Offer training programs
Encourage flexible working conditions
Enable remote work…
How can you boost loyalty?
MILLENNIALS WOULD LIKE
MORE OPPORTUNITIES
TO WORK REMOTELY - AND THINK
IT WILL BOOST PRODUCTIVITY
PERCENTAGE WHO SAID...
CURRENTLY OFFERED
WOULD LIKE TO START/DO MORE
POSITIVE IMPACT ON PRODUCTIVITY
43
75
51
Reference:
http://www2.deloitte.com/content/dam/Deloitte/global/Documents/About-Deloitte/gx-millenial-survey-2016-exec-summary.pdf
“These status updates give me insight into people's
minds and make sure the info is current and accurate”
Scott Wolfe Jr. - CEO of zlien
Keep a pulse on employee satisfaction
Get regular team status updates
Manage remote teams
Weekdone weekly status reporting:
TRY WEEKDONE FOR FREE
RELATED CONTENT
WHAT EMPLOYEES
WANT FROM
MANAGERS
10 WAYS TO IMPROVE
INTERNAL
COMMUNICATION
7 STEP GUIDE
FOR A LEADER
TO DELIVER RESULTS
AS A TEAM
HOW A LEADER CAN CREATE
AN ENVIRONMENT FOR GROWTH
WHAT EMPLOYEES
WANT FROM MANAGERS
CAPITALIZING on human capital
7 STEP GUIDE FOR A
LEADER TO DELIVER
RESULTS AS A TEAM
ways
to improve
internal
communication
Practical tips to:
Increase employee engagement
Improve company competitiveness
Build stronger teams

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How to Employ and Keep Millennials

  • 1.
  • 2. Who are they? Findings are based on Deloitte 2016 Millennial Survey W erebornafter1982 Haveacollegedegree Areem ployed full-tim e W orkinlarge(100+em ployees) privatesectororganizations
  • 3. Global Problem 2 in 3 Millennials expect to leave their current employer by 2020 PERCENTAGE WHO EXPECT TO LEAVE IN THE NEXT.. Don't know6 months 1 year 2 years by 20205 years 5 to 10 years 10 years Would never leave Expect to stay 13 12 19 22 66 11 11 27 85
  • 4. 64 71 76 52 65 76 71 100%0% PERCENTAGE WHO EXPECT TO LEAVE IN THE NEXT 5 YEARS
  • 5. Why is it important? Millennials shape the fortune of their organizations Millennials represent the largest segment of the workforce in the U.S. Significant amount of senior talent and investment is walking out the door
  • 6. What can be done? Support Millennials’ ambitions and professional development Identify, understand, and align with Millennials’ values Satisfy the demands Millennials have of employers
  • 7. PERSONAL VALUES IMPACT ON CLIENTS PERSONAL GOALS AND CAREER PROGRESSION BEING TRUE TO THE ORGANIZATION'S VALUES MEETING THE ORGANIZATION'S OBJECTIVES AND GOALS AVOIDING TROUBLE AND MINIMIZING PERSONAL RISK IMPACT ON COLLEAGUES How Millennials make decisions? Personal values guide where Millennials work and what assignments they will accept SENIOR MILLENNIALS JUNIOR MILLENNIALS 64%49% 45% 46% 38% 36% 36% 34% 60% 58% 57% 56% 51% 50% PERCENTAGE WHO SAID FACTOR IS “VERY INFLUENTIAL” WHEN MAKING DECISIONS AT WORK
  • 8. What do Millennials value? Millennials recognize that financial success is one of the key elements to success, but on it's own it's insufficient. THE VALUES THAT SUPPORT LONG-TERM BUSINESS SUCCESS EMPLOYEE SATISFACTION/LOYALTY/FAIR TREATMENT ETHICS/TRUST/INTEGRITY/HONESTY CUSTOMER CARE/ FOCUS QUALITY/RELIABILITY 26 25 19 13
  • 9. GOOD WORK/LIFE BALANCE OPPORTUNITIES TO PROGRESS/BE LEADERS FLEXIBILITY, REMOTE WORKING, FLEXIBLE HOURS SENSE OF MEANING FROM MY WORK PROFESSIONAL DEVELOPMENT TRAINING PROGRAMS What Millennials want? Pay is the nr. 1 driver, but there is a limit an organization can pay. RELATIVE DEGREE OF IMPORTANCE What are the other factors that come into play? 16.8 13.4 11 9.3 8.3
  • 10. DISCUSSING NEW IDEAS/WAYS OF WORKING DEVELOPMENT OF LEADERSHIP SKILLS EMAILS RECEIVING COACHING/MENTORING What they want to do on a weekly basis? IDEAL FOR A TYPICAL WEEK (HOURS) ACTUAL FOR A TYPICAL WEEK (HOURS) IDEAL VERSUS CURRENT NUMBER OF HOURS SPENT WEEKLY ON SPECIFIC TASKS
  • 11. Have purpose beyond profit Corporate values Support leadership ambitions Encourage mentorship Offer training programs Encourage flexible working conditions Enable remote work… How can you boost loyalty?
  • 12. MILLENNIALS WOULD LIKE MORE OPPORTUNITIES TO WORK REMOTELY - AND THINK IT WILL BOOST PRODUCTIVITY PERCENTAGE WHO SAID... CURRENTLY OFFERED WOULD LIKE TO START/DO MORE POSITIVE IMPACT ON PRODUCTIVITY 43 75 51
  • 13. Reference: http://www2.deloitte.com/content/dam/Deloitte/global/Documents/About-Deloitte/gx-millenial-survey-2016-exec-summary.pdf “These status updates give me insight into people's minds and make sure the info is current and accurate” Scott Wolfe Jr. - CEO of zlien Keep a pulse on employee satisfaction Get regular team status updates Manage remote teams Weekdone weekly status reporting: TRY WEEKDONE FOR FREE
  • 14. RELATED CONTENT WHAT EMPLOYEES WANT FROM MANAGERS 10 WAYS TO IMPROVE INTERNAL COMMUNICATION 7 STEP GUIDE FOR A LEADER TO DELIVER RESULTS AS A TEAM HOW A LEADER CAN CREATE AN ENVIRONMENT FOR GROWTH WHAT EMPLOYEES WANT FROM MANAGERS CAPITALIZING on human capital 7 STEP GUIDE FOR A LEADER TO DELIVER RESULTS AS A TEAM ways to improve internal communication Practical tips to: Increase employee engagement Improve company competitiveness Build stronger teams