Reaching out to the Millennial Generation

by Adele Taylor

 

By 2017 the millennial’s spending power will surpass that of baby boomers as there are now more millennials in the workforce than Gen-X or baby boomers.  The millennial generation – Gen Y (born approximately between the years 1981 and 2000) are the demographic cohorts between Generation X and Generation Z.

They are digital natives who take to technology like water and have hundreds of friends who are part of their online social networks. They're often considered to be extremely confident and work to live rather than living to work.

Providing services to millennials

Millennials are ‘technological natives’ since their lives have been dominated by technology. They expect connectivity 24/7 and they require instant response. This means they expect customer service to be available around the clock.

Millennials are specific about what their customer experiences need to be and expect different communication platforms to be on par with the traditional channels.
 
“Creating exceptional customer experiences across multiple communication channels”

Working with millennials

Millennials tend to enter the workforce with very high expectations both for themselves and for their employers and they often have plans to effect change at their company from day one!  They also often have much higher salary expectations.

Millennials believe in being evaluated on work production, not on how, when or where they get it done.

They don't want to be cogs in a corporate machine, nor do they want simply to be told what to do by an overbearing boss.  Their lack of fear tends to make them outspoken and unafraid of the boss.

Social media millennials grew up ‘online’.  They expect management to talk to employees in a more relaxed and open environment, using social media.  Communication needs to be interactive, flowing in both directions.

Appealing to millennials

Millennials are in the early phases of their careers and focusing on career opportunities and the potential for professional development.  They are keen on mentorship and stimulating work that gives them lots of opportunity for change and growth.

They also want an organisation that has adopted first-class technologies that give them an edge in their industry.  It's difficult for a candidate coming from a tech-enabled company to adjust to one that lacks those resources.

In general, millennials want work-life balance opportunities such as flexitime and working from home. They expect break-out rooms and a coffee shop, and time off is a great reward!

Millennials see the office as an extension of the home environment, mixing business and social life.

Organisations need to be flexible and put performance before productivity”
 

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For further information, contact Adele on 9629 9999 or email: ataylor@dixonappointments.com.au