8 Reasons Millennials are the Future of Business

Posted on April 4, 2014

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millennial workerMillennials get a bad rap. This group of young, innovative professionals has a lot offer the business world and they’re sometimes unfairly painted as entitled, unfocused, and too independent.

Millennials are the future of business, literally and figuratively, particularly among IT and telecom companies. Here are eight reasons you should consider paying more attention to your millennial employees or even add more to the team.

1. Millennials think broader.

There’s something to be said for outside the box thinking and millennials have it. This group of workers, typically born in the 1980s or even 1990s, came of age in a world without boundaries. Their minds simply work differently than their older counterparts and they’re less constrained by traditionalism and conformity. Think of millennials as a breath of fresh air for your office.

2. They work hard.

One of the most untrue stereotypes about millennials is that they’re lazy. Far from it. They don’t ascribe to the idea of an 8-hour work day and they don’t mind being reachable by email even when they’re not at work. They’ve toiled away at unpaid internships, competed against record numbers of college applicants, and made it through the toughest job market in decades.

3. They’re just out of school.

Millennials range in age from about 20-34 and that means they’re not that far removed from school. You should consider this an asset. They’re up-to-date on all the latest industry terms and best practices and they’re straight out of case studies and apprenticeships that gave them a recent perspective on your industry.

4. Millennials are tech savvy.

It may seem like a no-brainer but there’s something to be said for hiring an employee who never knew life without the internet. From smartphones to social media, millennials bring real-world tech experience to your company that you may otherwise have to pay for. Their inherent comfort with tech makes them a valuable pickup.

millennial workers5. They’ll improve corporate culture.

Every company struggles with staleness, particularly once it’s staffed mostly by seasoned veterans. The Millennial group is used to open-concept, blurry corporate hierarchies, and casual business attire. They’ll breathe a youthfulness and an openness into any business from the day they start.

6. They think big.

If they’re anything, millennials are dreamers. They’ve watched Mark Zuckerburg become a billionaire and words like “Google” become household names. They’re not afraid of overnight success and, in fact, they expect it. They’ll push your business and your goals in ways you haven’t even imagined yet.

7. Millennials are super-adaptive.

You’ll likely never hear a millennial say, “That’s not in my job description.” They’re flexible on the job because they’re used to working in teams, on projects, and within ill-defined corporate structures. They understand the need to get things done at any cost which is good news for your business.

8. They’re not hung up on a “career.”

Perhaps the biggest difference in the millennial generation is their willingness and eagerness to work without a long-term plan. They’re excellent at contract work and they love the convenience of staffing companies. They’re less concerned with retirement packages than they are about being part of something they like to do that offers the kind of benefits they care about. Use that flexibility to your business’s advantage.

 

Still not convinced? The data says that by 2025, 3 out of every 4 employees in the world will be a millennial. They’re coming whether you’re ready or not but the good news is, Generation Y offers unprecedented opportunities for your business.

 

 

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Posted in: Business