Date: 7/20/2016

Title: MILLENNIALS IN THE WORKPLACE – Part 3

By Jennifer Erickson

• 63% of Millennials want their employer to contribute to social or ethical causes they felt were important. About half of older Gen Xers and Boomers felt the same.
• 64% of Millennials would rather make $40,000/year at a job they love than $100,000/year at a job they think is boring.
• 19% of Millennials agreed with the statement, “most people can be trusted.” This compares to 31% of Gen Xers, 37% of the Silent Generation (those born during the Great Depression and World War II), and 40% of Boomers.
• 83% of Millennials agreed with the statement, “there is too much power concentrated in the hands of a few big companies,” more than all other generations.
• The average investor aged 21 to 36 has 52% of their savings in cash, compared to 23% for other age groups.

As leaders, what do you take from these stats? How do you see these ideals fitting into your workplace? A theme here is: trust, social equity, exciting work, meaningful work, loyalty, fun workplace, and frugality.

Does your team or company offer work that is equitable and challenging? I don’t mean “hard”. I mean work that will stretch a person’s brain and allow him/her to participate in outlining parameters and goals.

Is your team or company trustworthy? Can you stand up to the scrutiny that millennials will give you? What do you do with your profits? Do you offer an environment that is a little “loose”, while still expecting goals to be met?

To learn more about how to practice this understanding, contact Results Group, LLC at www.ResultsGroupLLC.com or 515-330-2866.