The truth about Millennial's in the workplace

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about 1 year ago by Jessica Brown

The truth about Millennial's in the workplace

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Whilst the term Millennial has often been confused, with writer, Kashana Cauley, tweeting "a Millennial is any young person you don't like" and Gen Zers often being mistakenly umbrellaed under the term, Millennials are actually young adults born between the years 1981 and 1996.

Getting a bad rap for being snowflakes, entitled and even eating too many avocados. Even the fact that they are the most educated and receive the highest grades has seen them come under fire, with people claiming the tests are easier and Generation Y are using University as a way to avoid the real world of work.

Despite the fact that they are often under this scrutiny, Millennials within the workplace have beaten the haters, and come with surprising perks, with research firm, 747 Insights, writing that, playing against type, Millennials are actually an employer's dream.

Earning less money than their parents and working longer hours, it's a good job that 87.5% of Millennials disagree with the statement that money is the best measure of success, instead finding their pride lies in a job well done. Experts suggest that the willingness to start earlier and stay later is due to numerous outward influences; social media encourages them to compete with their peers for titles, whilst the unstable economy they grew up with means they're more likely to forfeit their annual leave allowance, for fear that their absence will lead to them being let go in the future.

"This is the first totally connected generation. From the day they came into the workforce they've had email. They've never really left a physical place and said "oh I'm done for the day"- Katie Denis, Senior Project Director, Project:Time Off.

Whilst they are at work, research has shown they are also working harder. Valuing career progression much more than their predecessors, PricewaterHouseCooper found that more than half of Millennials are more attracted to employers who offer them opportunities for growth than any other benefits offered.

The Resolution Foundation, which found that the financial squeeze of the past few decades has drastically affected younger workers more than their older counterparts, suggests that Millennials lack of disposable income could also be leading to the workplace change we've seen. Prices have gone up faster than wages, so it's not necessarily surprising that if Millennials can't afford to enjoy themselves too much after work, they will want to enjoy themselves at work. It's them we have to thank for the influx of pool tables and work funded trips. 

Forgetting the fact that that is just how time works, despite their name, Time Magazine, revealed earlier this year that by 2025, 3 out of every 4 workers will be a Millennial. It's important then that companies adapt to accommodate their wants and needs, with an essential one being their commitment to social responsibility. Each year, Millennials rank Corporate Social Responsibility as more and more important to them, something great places to work have picked up on.