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Workforce Management And HR Trends For Millennial Employees

Posted by Leslie Ruhland on Mar 6, 2018 2:45:35 PM
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How do you manage millennial employees to leverage their strengths while figuring out what they need to be successful and motivated at work?

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We've all seen the headlines and articles touting the distinctions between so-called "Millennials" and the generations we've labeled as Baby Boomers, Gen x, Gen Y, etc. Experts and others debate the validity of these differences, but most business owners and managers will agree that there are some real adjustments that must made in hiring, training and managing millennials.

According to The Balance,

"The millennials joining your workforce now are employees born between 1980 and 2000, or 1981 and 1999, depending on the source. Unlike the Gen-Xers and the Baby Boomers, the Millennials have developed work characteristics and tendencies from doting parents, structured lives, and contact with diverse people."

The article goes on to note that millennials enjoy working in teams, want to make friends with people at work and typically work well with diverse coworkers.

The Good, The Bad, and The Different

According to most human resources experts it is a mistake to assume that most millennials are "lazy", self-absorbed or disengaged. However, their collective perceptions of workplace values, career expectations, and the validity of traditional corporate structure must be taken into account by managers.

In addition to the fabled Millennials, the next generation - "Gen Z" - is poised to enter the workplace, as well. Here is a infographic highlighting some of the workforce management and HR trends for Gen Z and Millennial employees:

 

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(Courtesy of hirevelocity.com)

The Balance article also pointed out how technology has played such a integral part in the way millennials relate to and interact with the world and others.

"Millennials are the most connected generation in history and they will network right out of their current workplace if these diverse needs are not met. Computer experts, millennials are connected all over the world by email, instant messages, text messages, and the internet. Job searching, business contacts, and friends are just a couple of key taps away."

Despite some negative press and the perceptions of some business owners and managers, millennials do possess desirable qualities collectively.

They tend to have a positive attitude towards tasks at work and look for frequent feedback on their own progress. Millennials typically look to have a variety of tasks with the expectation that they'll accomplish all of them. On the downside, they tend to be impatient with tedium and dislike experiencing boredom. 

Ultimately, millennials - like any other generation - want to have a sense of where their career is going and what they need to do to advance. Smart employers and managers will recognize and work to leverage these traits and distinctions to the benefit of both the organization and their millennial employees.

Being Prepared for New Hires Takes Planning

Most managers and even many business owners fail to recognize the inherent costs involved in the recruiting and hiring processes. They focus primarily on their own time and efforts expended in the search for a new employee, or the stress of being "short staffed" while looking for a new replacement.

But the costs are real and this is where the HR department can become a strategic ally in the hiring process.

In addition to a growing and demanding role in recruiting, hiring, and continually training employees, the HR staff will still be responsible for every other function they are typically tasked with such as payroll management, tax filings, employee records compliance, and so forth.

Considering alternatives such as outsourcing is increasingly becoming a cost-effective and strategic option. Accuchex can help you in managing your HR needs, payroll processes, and staying on top of compliance demands. Get your Free Download: Payroll Outsourcing Guide to help you make an informed decision or call Accuchex Payroll Management Services at 877-422-2824.

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Topics: millennials, new hire, hiring trends, recruiting and hiring, training, hr management trends

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