Is putting forth the effort to attract and hire millennials worth it? If you knew they will make up half of the global workforce by 2020 would this influence your decision? It’s true, as more and more millennials are entering the workforce, it is important to understand how to interest and hang onto these valuable assets. So what is the best way to go about this?
Before we look at some things you can do to attract millennials, let’s take a step back to find out what these individuals value in a company. The 54 million adults between 18 and 34 in 2015 have some definite commonalities in what motivates them to choose a workplace. One of the biggest factors that the majority of them agree on is their need to grow. Many millennials are looking for opportunities to help them climb the ladder, even if it means climbing out of your company. They are also looking for a “sense of purpose” in a company, or a chance to be a part of something bigger than just company profit. Finally, they are looking for a coach rather than a boss, someone to lead not just command.
So as a business, how can you become more attractive to this potential workforce considering their wants and needs? Let’s explore some options: