In an interview with the Apec RH Magazine, Sébastien Tran, Director of EMLV, explains how Higher Education is taking into the question of Millenials as future managers. He also delivers 4 business advice to establish a win-win relationship with young graduates.
According to a June 2017 Cegos survey, “Millenials and Work”, 58% of Millenials say they are satisfied with their current job. However, 48% are ready to leave in the short or medium term. A problem that companies and their HR teams are facing today.
What are the Millenials’ concerns about their future businesses?
They want to be able to work in a more flexible way, using new tools that will allow them to gain autonomy and to acquire new skills on a regular basis.
In what ways does higher education prepare the Millenials for the realities of today’s professional world?
Beyond technical skills, our challenge is to develop their skills, their soft skills, and above all: the ability to work with people who are not the same age or profile as them. This responds to a real need for companies to set up mixed teams, combining complementary skills.
What can a company do to address the main concerns of Millenials?
It must first work on its employer brand, which must conform to its values. Adapting recruitment and retention processes is also essential.
4 TIPS FOR OPTIMUM COLLABORATION WITH A MILLENIAL
- To implement new management methods that promote employee autonomy and empowerment.
- To give meaning and work on the company’s values in order to create a true employer brand and a corporate culture.
- Position the company as a trainer and allowing the regular acquisition of new skills
- Play up a work organization respecting the balance between work and private life
- 78% of Millennials say they are confident in the future of the organization that employs them (source: Cegos Survey, Millennials and Work, June 2017)
- 17% of Millennials need to give meaning and vision to their work (source: Monster Study, Millenials and the world of work, conducted by Yougov, March 2017)
- 1/3 of the Millenials would be ready to change company for a better working environment (source: GMR, LiveWork and Play study: millennial Myths and realities, 2016)
- 72% of Millenials are considering concessions for a better work environment (source: GMR Study, LiveWork and Play: Millenial Myths and Realities, 2016)