It has become widely known that Generation Y is the largest generation, consisting of roughly 20 – 30 year olds. With the majority of them graduating college in their late 20’s, it is imperative to recognize their effect on the workforce. By the year 2025, 75% of the workforce will be Millennial. Listed below are 5 effects this workforce will have on the average workplace. All information was gathered through research and personal experience since I too am a part of this generation.
1. Encourage relationship with boss
Generation Y expects to be able to share ideas and concerns with those in authority over them. When our boss tells us to do something, we tend to ask “why?” before putting it into action. This is night and day from Generation X who follows instructions, then asks “Was that good enough?” Generation X raised Millennials, telling us that our voice and opinion matters. Naturally we expect that it matters in the workplace as well.
2. Flexible work schedules
Throughout the years employees have been content with working more often than engaging with family or friends. Millennials do not share the same values. We’ve witnessed generations before us over-work themselves every day. This has inspired Generation Y to pursue careers that allow for regular personal time during the work day.
3. Work for a purpose
Generation Y expects to work for a purpose instead of only money. We were told we can be anything we want to be growing up and we can change the world. That has become the general Millennial aspiration, to impact the world.
4. Strive for efficiency
Growing up engulfed in exponentially advancing technology has fueled our push for efficiency. American lifestyles as a whole became more fast-paced and hectic throughout Gen Y’s younger years. This is why we have grown accustomed to and even prefer a workplace that strives to be more fast-paced.
5. Embrace change
As stated in the previous point, Millennials grew up submerged in a changing environment. Adapting to change has become second-nature to us. Change means progress in our minds, therefore it is essential employers encourage and embrace it as well.
Taking all of these points into consideration, what do you think the workplace will look like 10 years from now? Well, it’s not too hard to imagine since we can see some of these effects already. In order to embrace efficiency companies have implemented instant messaging systems and cloud sharing capabilities. Best Buy implemented a Results Only Work Environment which improved productivity by 41% and reduced turnover by 90%. Offering this type of flexibility made it so Millennials could work virtually from anywhere, anytime as long as the work was completed. Those are specific examples of changes, however there are more out there and many more to come. I encourage you to notice these changes and work towards implementing them in your own workplace. Your future employer will thank you for it!