What Employers Can Do to Attract Millennial Workers
July 12, 2016
By 2020, millennials will make up more than a third of the workforce. As such, employers are trying to better understand how this generation works and what they need in order to be successful in the workplace.
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A new survey by the Manpower Group shows that young adults plan to run their career as an “ultramarathon," with the majority saying they intend to work past age 65. Thirty-two percent of 1,000 millennials nationwide surveyed say they plan to work over the age of 70, and 12 percent plan to work until they die.
While millennials are working longer than previous generations, they also require some breaks. Seventy-six percent of millennials surveyed say they plan to take career breaks longer than four weeks in their career. Women are more likely to take breaks to taking care of children or relatives, but men intend to take breaks as well.
Millennials also tend to embrace change and new challenges in the workplace. Nearly three-quarters of the millennials surveyed are working full-time, but more than half say they’re open to new ways of working in the future, such as freelance or portfolio careers with multiple jobs.
What’s more, millennials surveyed say they seek more training, and most are willing to pay for it themselves too. Ninety-five percent of millennials are willing to spend their own time or money on getting additional training.
“Employers need to listen up and get creative,” says Mara Swan, executive vice president at the Manpower Group and global brand lead for Right Management. “Millennials want progression, but that doesn’t have to mean promotion. We need new ways to motivate and engage employees, like facilitating on-the-job learning and helping people move around the organization to gain experience more easily. And what works for millennials works for the rest of the workforce too.”
Source: “Millennials Training for Career Ultramarathons,” RISMedia (July 11, 2016)
Updated: February 21, 2020