If the Millennial Generation could be defined in one word, it
would be change. This generation
doesn’t know what it is not to have a high-speed internet connection. Many of
them have never purchased anything in a music store. A small group know what
CDs are but have probably never used them. There’s a good chance that many of
them will never purchase a physical newspaper again. And most have never put
film in a camera before.
The list goes on.
It’s tempting to think on some level that these changes are
superficial; people are still consuming music – only now it’s in MP3 format
rather than on CD and the rise of Instagram tells us that people are still
taking photos but the medium has changed. But that would be to miss the point; ten
years ago, companies tested employees’ computer skills by requiring them to
perform mundane tasks on Microsoft Windows. Now companies routinely hire
18-year olds who could teach the CEO about programming.
This oncoming generation represents a massive shift for employers
everywhere. The age of the “company man” who sits behind one desk for an entire
career is being left behind in favour of something far more dynamic (which is
still being defined) that reflects how companies are now interacting with all
of their stakeholders. It encompasses new technology and acknowledges the
reality that the world is a far more competitive place than it was a generation
ago. The shift begins with the employment contract.
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Millennials: I'll just take this in my office. |
The Employment
Contract: Employees
The traditional employment contract has changed in both explicit
and implicit terms. The requirements list used to read something along the
lines of, “honest hard worker, relevant qualification preferred and clean
driving license.” Now, an undergraduate degree is a minimum expectation in most
roles as well as intermediate knowledge of Microsoft Office Suite. SAP is also
almost ubiquitous on requirement lists as are programming languages.
And regarding what’s expected of you outside of work? Where to
begin? You’re competing against people who have backpacked around Southeast
Asia and Latin America, have excelled in several college societies, have done
valuable voluntary work and learn Chinese in their spare time Annoyingly, they’re also more likely to look
like they’ve just come straight from the gym. To top it all off, they’re
probably an extremely nice person.
The
Employment Contract: Employees
Given how much will be expected of the employee in this
workplace shift, it is only right that they should expect something in return
from their employers. Because of technology such as LinkedIn and the flattening
of the workplace management structure, millennials will be more likely to know
their true worth to an organization. And they’ll demand it. The explicit side
of a contract for a company will include improvements in salary and all manner
of extra benefits like gym membership, medical coverage and childcare.
Aware that they are judged on the companies they work for,
Millennials will demand more from their employers not just in the workplace but
outside as well. Millennials will (hopefully) continue to be more conscientious
than their predecessors about social and environmental issues. They will expect changes from companies that seemed
irrelevant or out of the scope of interest of employees just a generation ago. In
their immediate environment, they’ll expect a more collegial atmosphere than
their predecessors.
The
Working Environment
Teamwork used to be a rather fuzzy term, which broadly meant
being helpful around the office and doing what you were told without making a
fuss. For the millennial generation, teamwork will truly mean collaboration. It
will involve taking leadership on some roles and a junior position in others.
It will require people to work as part of various projects in different teams
at once and learn how to prioritize tasks for each.
The increasing sophistication of telecommunications means that
the millennial generation will probably enjoy home office options more than
previous generations. However, it will also mean they’ll spend more time
on-site with clients. Likewise, it will mean that an increasing amount of the
administrative or back-office tasks that used to be carried out in company are
instead performed by outsourced departments.
This outsourcing will create – and is already creating – new
opportunities for work at home parents, people who want to travel or go on
sabbatical. Freelancing sites like ODesk.com and Elance.com are creating a
burgeoning marketplace where freelancers meet companies looking to outsource
tasks ranging from creating business plans and financial models to legal and HR
services.
The Future
looks Different
There’s a danger that we think of the oncoming generation as a
group of snotty young Americans raised with several technology platforms. Reading
on the subject online only serves to confirm this impression. But this is part
of the myth we’re creating about the Millennials. More than anything, this
generation will differ from their predecessors in the fact that they’re not
just westerners – they’re everyone.
Our grandfathers competed with people on the same street for
jobs. This oncoming generation will be collaborating with and competing against
other millennials from every corner of the world. They’ll work in multi-ethnic
teams and provide more rounded solutions than would have been possible a
generation ago. That’s a very exciting prospect for all of us.
On a final note, people are fast to define generations. We have
Generation X, Generation Y, Baby-boomers, etc. At times in various parts of the
media, the Millennial Generation has been referred to as “the lost generation”
because so many of them in the west remain in long-term unemployment. This is
perhaps the biggest challenge of Millennial Generation employment – to put them
in jobs where they can be productive and bring about some of the evolution
discussed in this article.
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