Regardless of how you may feel about Millennials, they are the ones who hold the keys to the future. Attracting and retaining the top talent from that generation is critical for businesses and organizations to grow.
It’s time to face reality! Here are the facts:
- 50% of U.S. executives are eligible for retirement in the next 3 years. According to Pew Research, they are retiring at a rate of about 10,000 a day, and our Millennials are stepping up to be the leaders of tomorrow.
- Today 30% of Millennials are in management positions.
- Millennials will be 75% of the workforce by 2025.
- Presently, Millennials are leaving organizations where they see no career advancements.
- A 2015 Gallup Poll found that Millennials are the least engaged cohort in the workplace, with only 28.9% saying that they are engaged at work.
Talented people from all generations want opportunities to grow and are looking for businesses and organizations that provide those avenues of growth. Think about it … what Millennials want from the workplace might not be so very different from what the talented Boomers, Gen X, and, maybe, even YOU want from the workplace!
Here’s the bottom line – most employees want the same things from their employer. They want growth opportunities, a vibrant culture, a sense of purpose, fair compensation, flexibility, open communications, interesting work, and great managers and leaders.
Without a doubt, the workplace and the worker are changing. The modern workforce knows what’s important to them, and they are willing to look deeper into a company’s culture and employee brand to find those workplaces that reflect their needs and values.
About Karen McCullough
Karen McCullough opens conferences, meetings and minds. Clients call her, “A Shot of Energy!” And she generates the most fun you’ll ever have while learning. You will be entertained, inspired and prepared for the future.
Karen believes that the biggest challenge for us today is dealing with the speed of change. The combination of new technologies, economic challenges, diverse work-styles, high expectations, and employee attitudes are changing the landscape in business and the world. Karen’s programs help audiences embrace change, thrive on it and meet the demands of today’s work and world. Karen’s expertise and energy comes from her varied background as an educator, businesswoman, entrepreneur, and retail CEO. She has worked with some of the world’s top companies, universities and organizations.
Before becoming a business keynote speaker and consultant, Karen spent many years in fashion retail. As the owner and CEO of a 4-store retail chain, Karen received 20+ years experience in marketing, brand building (personal and business), driving sales, leadership development, building customer loyalty and managing a diverse team. Over the past 10 years Karen has worked with the top organizations presenting customized programs centered around change, personal branding, customer service, emerging leadership development, sales, teambuilding, productivity and generational management.
Some of Karen’s clients include: Procter & Gamble, JPMorgan Chase, Symantec, Sun America, Helms Briscoe, McGraw-Hill, National Homebuilders, Shell Oil, Exxon, The World Bank, The U.S. Department of Justice, Alabama Tourism, State Farm, Humana, HP, Oracle, United Way, American Heart Association and MD Anderson.