Tips for Retaining Millennials in the Workplace

It’s worth remembering that millennials are a diverse bunch within themselves. Generally defined as those born between 1981 and 1996, that means ages 27-42 can currently be considered millennials, which is a wide range of people with vastly different needs and motivations.  

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Millennials are often contrasted with previous generations like those born between 1946 and 1965, often knows as baby boomers, and those in the middle from 1966 to 1980, often known as Generation X.  

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Here’s how to get the most out of your millennial employees, maximise their job satisfaction and increase your staff retention rates.

Benefits of millennials in the workplace

The benefits of having millennials in the workplace are numerous. While they may have a reputation for being workshy among older generations, those myths are being dispelled as they advance further into their careers. Qualities such as familiarity with technology and social media, higher levels of education and broader awareness of social issues, are just of the positive characteristics of millennials in the workplace.

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What do millennials care about at work?

A survey by global consultancy firm PwC found that, above all else, millennials value work-life balance. While the survey also reported high levels of commitment to work, this did not extend to sacrificing aspects of their personal lives for work. Flexible working options were also appreciated, with personal success measured by achievements rather than time spent in the office.  

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How to motivate millennials at work  

One of the other key takeaways for retaining millennials in the workplace from PwC’s survey was the importance of interest in the work and giving them a sense of meaning. Other important factors include a positive work environment, personal development opportunities and a strong range of employee benefits to take advantage of.

Get in touch to find out how ACS Staffing Solutions can help you attract the candidates your business needs, whatever their age range or skillset.