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How Millennials Are Reshaping Our Businesses

The business of recruiting is always evolving. However, it can be argued that no single generation has had such a swift and significant impact on the way companies attract, acquire and retain talent than millennials. If your organization isn’t adapting to Generation Y, you may find yourself on the losing end of the battle for talent.

Potential Matters More Than Ever

There was a time when you graduated college, entered a field and stayed in that industry your entire career. Today, a background in one industry is not necessarily an indicator of success. In order to find a successful candidate among the Gen-Y generation, it is necessary for hiring managers to broaden their view. Rather than boxing candidates in using specific job titles, employers and experience as criteria, hiring teams should focus more on the hard and soft skills needed to succeed in any given position.

Job Hopping Isn’t a Deal Breaker

Seasoned hiring managers are conditioned to be wary of job hoppers.  Applicants with a lengthy resume of short-tenure positions have historically been labeled disloyal and not worth the risk.  Millennial talent typically changes jobs no less than four times by the time they are 32. Hiring managers actively seeking millennials have had to look past lengthy resumes.  In some industries, job hopping can actually be an asset, as exposure to different companies, products, processes, etc. helps create a broad range of knowledge that a candidate with one or two previous jobs simply doesn’t have.  Successful recruiting in today’s market requires a new mindset when it comes to job hopping.

Perks Are Evolving 

Because millennials grew up perpetually connected to the internet, they know that “work” can happen anywhere. They are far less content being tied to a desk 40 hours a week than other generations in the workforce. Millennial workers crave work-life balance, and positions that offer them freedom and autonomy are most appealing to them. They aren’t necessarily as interested in things like ping pong tables or full-service cafeterias, despite the prevailing stereotype in the market. Instead, millennials want to be armed with the latest and greatest technology that will facilitate their ability to get their job done efficiently.

Rethinking Retention Strategies

Because millennials are more apt to job hop than previous generations, many organizations struggle to understand just what keeps a millennial worker happy and engaged. While every employee is truly unique, most millennials are looking to make their mark on an organization. They want to feel valued and make meaningful contributions. Companies that retain workers are those that invest in training and development, and help their employees map out a clear career path.

If you are looking for ways to improve your efforts to attract and retain millennial talent, it’s time to reach out to the award-winning team at Talon. Contact us today to learn more about our proven strategies for recruiting millennials and to discover the ways in which we can help you achieve your hiring goals.

 

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