Millennials are coming of age, and they are overtaking the workforce with a work culture that’s significantly different from the values that the previous generations upheld.
It’s said that by 2020, millennials will make up 50% of the workforce and that by 2030, the number of millennials in the workforce will shoot up to 75%. In just a few years, their numbers will be the only statistics that matter.
In the Philippines alone, millennials make up a third of the country’s population, which means that they already occupy a significant portion of the workforce. In fact, a survey from the Philippines Statistics Authority indicated that the almost 50% of the Philippine workforce in 2015 is composed of millennials aged 15 to 34 years old.
Millennials are known to be tech-savvy, confident, creative, and well-adjusted individuals with entrepreneurial mindsets. But, what does this mean for employers, organizations, companies, and recruitment firms in the Philippines? Millennials are changing the workplace, and it’s time to accept these changes.
Millennials want it all.
Career growth is highly important for millennials, and they want to be assured of their career path in the workplace. According to a survey conducted by Navarro Amper & Co., the ability to progress and take on leadership roles is one of the key drivers for Filipino millennials when evaluating job opportunities.
Another study reported that millennials like to accumulate rewarding experiences and additional training opportunities within their organization. They also believe in having a purpose and making a difference through the work that they do. In fact, most millennials will not hesitate to resign from their positions should they feel that they company values don’t match their own.
And they want it now.
Having grown up in an era where technological innovations are common, millennials have been known to want instant gratification. Their attention spans have shortened largely because they’re used to getting things done quickly with the help of their gadgets.
It can be said that the same is true when it comes to millennials’ attitudes in the workplace. They do things quickly, and they crave immediate results. If the baby boomers were used to rummaging through an alphabetized file cabinet to search for a file, millennials need only to hit Ctrl+F and type in the file they’re looking for.
Technology has enabled millennials to find solutions to every problem to achieve their goals.
Millennials are ushering in technological solutions to everyday work problems.
The internet is revolutionizing the way work is done, and millennials know it. No longer do people need to be physically stuck to their work desks to be productive, as there are tools, apps, and software available for every task imaginable.
Need to make a conference call with clients from abroad? Video conferencing is the answer. Need to have a board where people can see all the projects and tasks lined up? No problem. There is a variety of collaborative project management software in the market. Anything is possible as long as you’re connected to the internet.
Millennials want a more flexible workplace.
Traffic is terrible in Manila, and it has become increasingly harder to get to work on time. This is greatly affecting employee attendance and output. Companies both large and small are adjusting their working hours to avoid damaging their daily productivity. The traditional 9 to 5 workday is dead and gone.
The internet also makes it possible to work remotely or from home. For as long as you’re connected, communication and collaboration are possible.
Most millennials are also willing to use their personal devices such as laptops, computers, or smart devices as long as they can be allowed to work independently. Working from home or remotely is a big perk for millennials.
Millennials demand work-life balance.
Flexible work hours can contribute to a better work-life balance for millennials. Remote work doesn’t mean less work. In fact, most millennials claim that they check their emails even outside of work. When millennials are happy in their workplace, they are more engaged and willing to do more for their company.
For many millennials, the idea of work-life balance is being able to attend to their personal life. Millennials don’t want to live to work. They want to work to live.
Bottom Line: Millennials are here to change the world. Accept it.
Millennials like to know that they are contributing to society and helping to change the world. In just a few years, the workforce will be composed largely of millennials. It’s time to accept the creative and innovative values that they have to offer.
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