How to Keep a Millennial

You have hired the perfect millennial… now what?

In the past 2 blog posts, I have talked about the characteristics of millennials, the know-hows in hiring a millennial, and the don’ts when it comes to hiring someone from my generation. So now that you have taken the advice I have given, and you have hired the millennial, now what?

Companies with great recruiting practices often find it very easy to hire millennials. These companies will appeal to the millennial mindset and attract the best candidates. But many struggle when it comes to keeping a millennial. In a recent study completed by the Bureau of Labor Statistics, a 20-34 year old will stay with their current employer for about 2.05 years. With these kinds of numbers, this gives those employers a higher turnover rate and also labels that worker as an unsteady employee or job-hopper.

So, what can be done to fix this ever-growing problem?

A few tips on keeping a millennial include:

  • Let them know what is expected: When hiring a millennial, make sure that they know what is expected of them. Yes, they will ask a lot of questions but that is only because they want to get the job right the first time! The need for reassurance and clarity is real, y’all, and I have personally experienced it first-hand. By giving them clear expectations, the millennial will know from the beginning if the job works for their situation or not. Would you rather spend a little extra time right the perfect employee (maybe through using our partner, JazzHR) or would you rather hire the first applicant and take the risk of them not meeting expectations?
  • Engage the millennial in many activities at work: Millennials are known for being great multi-taskers. But if a Gen-Y person is not given many things to work on, they, in turn, will become bored with the mundane work. By engaging the millennial in many work projects, the young person becomes more involved in the workplace and gives them an opportunity to connect with co-workers. A happy millennial is a happy workplace!

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  • Show them that your company cares: While a connection is very important, by far, the most important tip I could give you is to appreciate all of your employees, especially your millennials! One example of a way to show you appreciate the work done is by giving out “awards” given out at the end of each quarter. These rewards do not need to include much, an award sheet and gift card will suffice. Simply showing your employees that you care will boost morale and keep them around longer!

In many cases, hiring a millennial is the easy part, keeping them is where companies struggle. Keeping a millennial is not a hard task to do, if you know the correct way of appealing to them. Let’s produce an environment where employees love their job so much, they will never want to job-hop to anywhere else.

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How TO Hire a Millennial

Did you know that high growth companies, like those in the high-tech industry, have a significantly higher proportion of millennials in leadership positions than organizations with little to no growth? There is a reason for this. If you are growing and hiring, then this blog is for you!

Do me a favor and type this blog title into Google. What you will find is tons of articles where an analyst is telling you the do’s and don’ts when it comes to my generation. It seems like every non-millennial wants to give their two cents about my generation, when not many articles are coming from the millennial view. So, in this blog, I have chosen to give the millennial view on tips on how to hire someone from my generation.

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Millennials “the big generation!”

Millennials most recently became the largest generation in the world! This means that my generation will be the largest generation ever to enter the workforce. To many, that sounds like something to run from and never look back. But many companies just respond with, “Challenge accepted.”

In our last blog post, I gave some characteristics of millennials and some ways that many employers have struggled with hiring a millennial. Many of these employers refuse to change and expect the young person to change the way an entire generation does business. For a company today to be successful, they must be able to compromise with the workforce and adapt to new ways of thinking.

And Big Mistakes Companies Make:

  1. Working with an outdated hiring process, such as having paper applications and long lead times between applying and hiring.
  2. Providing no feedback until the annual performance review.
  3. Providing vague job offers that create a “bait-and-switch’ scenario.
  4. Using a vigorous and overly drawn-out hiring process.
  5. Failing to provide post-interview feedback.

While these mistakes are made every day in hiring, these methods will need to change to receive the best job candidates. And when the hiring process does not provide a good experience for millennials, they are not likely to stay in that job for very long.

Hiring a millennial is actually very easy when you think about it! Millennials have learned to adapt with the times. We are the generation who grew up with the Internet and other fast-growing technologies. Because we have learned to adapt with growing technologies, shouldn’t the past generations also learn new methods of adapting to us, millennials? I believe the answer is yes, all generations should focus on bringing the hiring process and workplace into the 21st century.

Here are some tips when it comes to hiring a millennial:

Streamline the hiring process

Like stated before, most millennials have not known a world without the Internet, as a company, use that to your advantage. Instead of having an outdated applicant system, use a mobile-enabled​ applicant tracking system, like our partner JazzHR.  The days of paper applications and job offers on bulletin boards are so last gen. These applicant tracking systems have everything in one place and make the hiring process easier for the employer and gives a better applicant experience, assuming you are using them correctly and have a defined, candidate focused process (and ya know, we can help with that!).

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Teamwork makes the dream work

Millennials have spent most of their lives working in groups, whether that be a class project, a sports team, or any clubs or organizations in and outside of school. Because we work so well in groups, try incorporating teams in the workplace. As stated in the last blog, millennials have a strong need for attention. This teamwork satisfies this need for attention, as well as playing into the strength of working together.

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A great work life and home life

One constant criticism of the millennial generation is that they are job hoppers. If a millennial is not happy in their workplace, they will go and find another job, and who can blame them! To keep those great millennial employees, keep them engaged and create a culture that supports work/life balance.  Millennials are known for having many extracurricular activities and they are always on the move.  So offer them flexibility and a rewarding work experience.  A millennial who has made friends and enjoys their workplace will not leave anytime soon. Plan for employee outings and bonding time to keep your best millennials.

The millennial generation is the largest generation to date with over 80 million people. While some companies struggle in finding and keeping a young person, many excel and are known for being a millennial acceptor. Now, its your turn to become successful in hiring millennials!

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