02 Jul Millennials in the Workplace Resistant to Old Management
Millennials in the workplace can be a pain for most. This is a generation of entitlement, constant feedback and needing to be valuable and unique in the workplace. These are the millennials. Many may have voiced out that they are the hardest to deal with (one went as far as comparing them to a Giga pet) and yet their complexity is an aspect that companies will benefit from.
Many of the old school managers often complain that millennials in the workplace are needy and immature. A study done in 2013 showed that for every millennial a company loses meant a $15,000 to $25,000 needed for replacement. Given these numbers, it’s no surprise that companies needed to roll with the punches.
On the flipside, companies have a thriving and innovative set of individuals that are a little rough on the edges. Whether companies opt to adjust or not, there’s a stress that these set of individuals are an asset in any company.
Here are some ways that you an effectively harness millennials to their fullest potential:
Level the Playing Field
Nothing is more irritating to millennials in the workplace than keep doting on the boss. Millennials are confident in what they know and what they can contribute to the company. Many are seeking leadership and a work environment that capture and cultivate ideas.
Standing for Uniqueness
Individuality is very valuable to millennials. If you’re looking for clones for your company, then don’t consider hiring them. The ‘why’ is more important than the ‘how’ and adding meaning into their work is more than pay.
Feedback and More Feedback
This is a common thing among millennials that most have often branded as ‘being needy’. But this is not the case for most. Mentorship and constant feedback (whether good or bad) is a way for them to gauge how they’re doing and what they needed to improve on.
As uncomfortable as this may be for the Baby Boomer and Gen-X supervisors, this extra stretch will help keep the best talents in your pool.
A little thank you goes a long way. Before you keep pushing your team to stick to schedules and making ‘impossible’ possible, never forget that a simple thank you can still make a difference. And it’s not lack of optimism mind you.
Millennials are often self-correcting and don’t live on motivation and praise alone. Once they hit that status, they would often find ways to keep improving.
For the record, millennials in the workplace can keep values but throw out old management out in the trash bin. Most of the employee base are comprised of millennials and whether you like it or not, they are here to stay for a long time. And the only way to adapt with these radical individuals is to change management style. And just like looking for gold, expert to dig into dirt first.