By Lisa Copeland, The Culture Works
Within the next 10 years, it is estimated that 75% of the workforce will be made up of Millennials (people now in their 20s and 30s.) Companies are actively trying to recruit candidates from this generation, but a surprising trend has emerged that is making it difficult to retain employees.
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Contrary to previous generations, many Millennials are changing jobs every 2 to 3 years and far fewer are choosing to build their career with a single company. The reasons behind this may be a little surprising.
The team at The Culture Works surveyed more than 5,000 Millennials to find out what really motivates them in the workplace, and how companies can be more successful at long-term employee retention.
What motivates Millennials?
There seems to be a vast difference in the motivations of Millennials in comparison to previous generations. In stark contrast to the “me” generation of the ’80s, who were often categorized as self-centered and ruthless when it came to business, the current generation is much more likely to be idealistic when it comes to what drives them.