Millennials now make up a large portion of the workforce, and you may need to adjust or create an employee engagement strategy to ensure you reach them and help them do their best work. This new generation of workers are not as passive as those that came before them, and they are not afraid to do what they must to reach their goals. Thus, their expectations toward you as their employer are different than those of generations before them.
In the past, companies used strategies that put all of their employees under the same umbrella, so to speak, and they forgot to look at all levels in their company. Without the right planning, you may be missing out on optimum productivity levels and failing to gain the right kind of attention from your employees.
Based on studies taken in 2015, millennials care most about their work and the ability to balance their life alongside it, and they will do what they can to keep that balance equal. They also care about getting adequate pay and benefits, opportunities to advance within the company, and recognition for a job well done. If your strategies do not cover all of these bases, you may need to reconsider your approach.
Get Outside Help
Employee engagement strategies are a serious business, and they can make or break a company’s ability to produce loyal, hard-working staff on which they can rely. The right third-party companies will work with you to determine how many millennials are currently employed by your company and help you create an appropriate strategy. Each new generation of workers is bound to have key differences that require a new approach from a different angle.
Due to the fact that you are of a different generation with a completely different set of circumstances, expectations, and goals, you and your team may find it difficult to get into the minds of this new generation. This is one of the key reasons a third-party advisor may be an exceptionally relevant investment.
Millennials are driven, but they are easily distracted if they are not satisfied with their employer. The right strategies can recapture their attention and help them become more engaged in their work from day to day. Engaged employees are often your top performers and the same people that are willing to go the extra mile to achieve success in their work. As an employee becomes more engaged in their work, their absenteeism lowers, motivation increases, and they produce more effective results from their work. Engaged employees have been found to be as much as 43% more productive than other workers, a percentage that is a shocking as it is significant.
Retaining great employees is key to the success of any business, and the right strategies designed to keep employees engaged will keep retention high. Employees who are engaged have a significantly lower chance of leaving the company for any reason, as they are more invested in the success of the company and more content with their role in it. Once you know the right strategies to utilise, you should see improvement across the board.