A new survey conducted by Deloitte shows a trend among millennial workers that is not about money. Actually, the trend shows that keeping millennials in a job for the long term requires different assets than a nice paycheck.
Who are millennials?
Deloitte claims that millennials are people born between January 1983 and December 1994. The 10,000 plus millennials surveyed held college or university degrees and worked full-time in large, private-sector companies.
What does the survey find?
Millennial workers do not plan to stay where they are working. 43% want to leave their job sometime in the next two years. Only 28% of millennials intend to stay working at their current job longer than five years.
Why do they want to leave?
The logic behind this lack of loyalty to their companies does not come from a sense of financial insecurity. Millennials will not be bought with money. Instead, they want diversity. They want inclusion. And they want flexible working arrangements. Millennials want to work for a company that shares their values. They have a desire to improve society, and they want the place they work to also be concerned with this social improvement.
Diversity and Inclusion
This article in Forbes claims that forward-thinking organizations will give back to society by giving all sorts of people a place to thrive. People's differences are really what will unite society when people of different races, religions, sexual orientation, genders, and other unique characteristics are included in the workforce.
Millennials also want the flexibility to work remotely. It gives workers more freedom and boosts productivity. Plus, it cuts down on rush hour traffic! While many companies may be nervous about employing staff that works at home, the workforce culture is changing, and flexible working arrangements have become a thing of the present, not the future.
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