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Attracting the Next Generation of Workers

Attracting the Next Generation of Workers

Facing the expected retirement of millions of baby boomers and a smaller pool of Generation X employees to replace them, managers will need the help of another group of professionals:  Generation Y.  Also known as Millennials, this group consists of more than 80 million individuals born approximately between 1979 and 1999.  Millennials are the workforce of tomorrow, and according to a survey conducted by Robert Half International with CareerBuilder.com, hiring managers consider this generation the hardest to recruit and retain.

While employers should avoid stereotyping Gen Y candidates, it can be helpful to know some of the attitudes many of them share.  Based on the results of another survey, this one a polling of Millennials conducted by Robert Half International and Yahoo! HotJobs, here are some suggestions for making your company an employer of choice for Gen Y workers:

Offer attractive compensation
In the survey of Millennials, respondents rated salary and benefits as the top two considerations when evaluating job opportunities.  This group favors security and stability and is attracted to firms that pay above-average wages and provide progressive benefits.

Promote work/life balance
73 percent of Gen Y workers surveyed said they are concerned about being able to balance a career with personal obligations.  Consider implementing work arrangements - such as flextime, telecommuting or compressed workweek options - that give employees of all generations more control over their schedules.

Narrow the gaps on the corporate ladder
Millennials are willing to work hard, but they want to move quickly up the ranks.  According to the study, 51 percent of Millennial professionals surveyed believe they should have to spend only one to two years proving themselves in entry-level positions.  To recruit Gen Y workers, companies should give these individuals assignments that stretch their abilities and offer perks, such as in-house training and tuition reimbursement programs, that allow them to develop new competencies.

Ensure managers are accessible
In the survey, Millennials described their "dream boss" as being caring, flexible and open-minded, as well as appreciative of his or her employees.  They also seek regular contact with their supervisors; in fact, 35 percent of those surveyed want to communicate with the boss several times a day.





Attracting the Next Generation of Workers - To learn more about this author, visit Allison Grace's Website.

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About The Author


Allison Grace
(Visit Allison's Website) Allison Grace, CEBS, CCP, CMS, is President and Founder of Instant HR Solutions and a human resources professional with more than nineteen years of experience. As a consultant, Allison has worked with companies in various industries including hedge funds, technology, oil and gas development, recruiting and accounting. Combined with technical training and professional certifications, Allison’s practical experience includes working in all aspects of human resources to establish HR programs that support the strategic objectives of the business. Her extensive experience includes benefits, compensation, legal compliance, performance management, employee relations, recruiting and termination.

Allison Grace is a Platinum author on EvanCarmichael.com
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