Millennials are the new future of Tech companies. It is easy to find them everywhere. But can your company has enough capabilities to retain these tech talents for long?
Millennials are known as the people born between 1980 to 1999. They are the most job seeker generations nowadays throughout the world. This millennial generation holds thinking and characteristics differ vastly from the other generations. Research shows that by 2023, the millennials will hold 50% of the working population worldwide. As an employee, most of the tech recruiters prefer this millennial generation as they are easily available, fast learner, have access to the latest technologies, hard workers with passion, and interested in developing new ideas. But retaining this millennial employees are getting tougher as they are prone to switch between their jobs in every 2–3 years, being addicted to new things.
Here are some guides through which the Tech companies can manage their millennial employees:
Providing new opportunities:
The millennial generation are the generation who wants to learn more and know more and experience more. They are fast learners, also so much impatient, need results for shorter terms. To deal with this fact, the Tech executives should assign new tasks or different projects for shorter periods. Also, they can appoint millennials for different job positions within the same company. This will attract the millennial employees to stick with the same company for new experiences.
Implant more mobile technologies:
Mobile technologies nowadays have become a major part of every tech company. Millennials are always a step further than that of the other employees in mobile technologies. They have changed the work environment with this. So the executives should implant more millennial-friendly mobile technologies like mobile-accessible sites, applications as well with the increased use of mobile phones, laptops, wireless keyboards, tablets, etc., those will let the millennials feel more friendly in work environment.
Engage millennials in development opportunities:
The executives should engage more millennials in developmental works as they are full of new ideas and new technologies. They are so creative and innovative and also have so much access in the outer world than the other employees. Give credits for their innovative ideas, this will let them think more valuable in the company and millennials want this.
Start millennial shifts:
Millennial employees generally are flexible doing work in 24/7. They generally do not go for that traditional 9 to 5 shifts. To retain more millennial employees, the Tech companies should change their shifts to flexible shifts than that of the traditional shifts. They also can provide some facilities for their employees like late-night cab facilities, food facilities, etc.
Assign more remote works:
These millennial generations are always ready to travel. Also, this generation loves to work remotely. If the company executives assign these millennials as remote workers they will hold on to the company. As they will enjoy their life by themselves along with the work experience.
Mentor-ship over boss:
Millennials are so much more comfortable with an approachable, friendly supervisor to guide them rather than that of the traditional, powerful boss. As for their modern upbringing process, they may possess not so responsive behavior to the traditional, rigid powers. They prefer mentors more than an angry boss.
Do not say “No” to Digital Connection:
Millennials are the generations who are closest to every digital connection. Digital world is the primary thing every millennial needs. They are always accessible in every social media. So a job without digital accessibility will be a big no to the millennial employees. Also the executive can use the social media advantage over the millennials, as they are always active in social media, they will always be updated with the new technological information. Even with the help of these millennials employees the company can be socially active in the digital media as well.
Recruit more millennials:
Millennials are comfortable with their same genre, means with millennials. They will not be so much comfortable with the employees of older generations, as they hold different thinking, and knowledge. The older generations employees also do not like this new generations, as the millennials are much infamous to them as lazy and self centered. So for retaining the millennials employees in the company, the tech managers should recruit more millennials.
Build a team for every work:
Millennials have always wanted to work in teams. Working in a team let them to think differently, wisely and collectively. So making a team for a new technology project, assigning different work to different persons of that team, tend the millenials to stick with the company.
Make a favorable office environment:
Millennials generally look for the workplaces with modernity, and open for collaboration; simultaneously they want a little more privacy at their workplace. They want both models to be present in their workplaces, which will also let them to balance in their personal and official spaces. So the executives should maintain both the environments in the office to retain these tech talents more.
Make the employment flexible:
Millennials do not go for the money, they go for the experiences; though salary is the main purpose for every job. Make flexible shifting for the millennials, appoint them to different kinds of work, let them use their mobile technologies. At the end, they will think about how much flexibility they had gone through instead of the salary.
Build the millennial’s brand:
Invest more for the millennials. Engage them more in the developing works. These will help them to make their personal brand, which will also increase the brand value of the recruiting companies. And also the millennial employees will feel so much credited and valued in the company, which will make them to stick with this workplace.
It is necessary for the tech companies to recruit the millennial generation, as they are updated with new technologies. But also to retain them for a longer time in their companies, the executives should maintain some things with the employees. The above points will help them to maintain themselves with the new millennial employees.
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