The millennial generation has been subjected to a lot of criticism – they are perceived as selfish, entitled and demanding, not to mention addicted to technology.
Are these stereotypes true? Certainly not for everyone.
But there are certain tendencies and habits associated with the millennial generation that are more prevalent than in the other generations currently in the workforce. However, bashing any one group of people does more harm than it does it good.
My guest is Danielle Godby, a Retirement Planner at Golden Reserve.
Danielle talks about her generation’s focus on their job search. What’s a priority to them?
When I talk to my friends, it’s a lot about feeling fulfilled by the work that they do, being able to go home at night and know that they helped someone do something better or they can feel better about their contributions to their own community.
Does money come into play?
It’s not necessarily about how much money you can make, which, honestly, it’s quite surprising given all the student loan debt that is saddling my generation. But that’s really not the dialogue that I hear. It’s a lot more about feeling good about what they do and feeling appreciated in what they do.
Among your colleagues and your peers, do you find that they value other job attributes like learning and advancement more than they do income?
There are a few different things that I hear come up in conversation and they’re surprising to me. You would think income would be front and center of the conversation, given that we were taught our whole lives to prepare for college. But what I hear is they want to make an impact. They want to feel good about what they do. They want to have the flexibility to work from home if they need it or to take mental health days to have a work-life balance.
What can business owners do to motivate them to stay?
I think it’s very basic. If you pull it back to the bare bones, it’s just building a relationship with someone that’s strong, and consistent. You want something that lasts. So you have to invest in that relationship.