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In 2020, millennials now make up 35% of the global workforce. With these statistics, it's critical that your hiring practices to entice them to join you, and your engagement strategies to help you retain them adapt to reflect their values.
“The world has changed. My values are not their values. We think differently. But we can learn from each other.”
As millennials make up an ever growing proportion of the workforce, learning how to attract, engage and retain this cohort becomes increasingly important. Just like the extinct dodo bird, the ‘9-5’ traditional way of doing business will continue its decline as each generation imparts their values.
It is becomingly increasingly understood that encouraging diversity and promoting inclusion is not only valuable, but a commercially astute business decision. By harnessing a diverse range of talent, companies can build a stronger business and generate increased productivity through a more creative, committed and motivated workforce.
A soaring unemployment rate due to the Coronavirus pandemic has left great talent in limbo and looking for work. For many, making the right hire with so many excellent candidates to choose from can be daunting as mistakes are costly.
So how do the best leaders select the right talent for their organisation when the market has shifted?