PWC estimate that the millennial generation, or Gen Y ( born roughly between 1980 and 2000) will make up half of the global workforce by 2020. They are a generation like none other, with expectations and demands of their own that will reshape the world of work.
I’ve been in a couple of meetings recently with clients of a certain seniority and of a certain age whose lack of knowledge about them was startlingly evident. OK so they knew they had some 25 year olds milling about their office, but they didn’t know just how different they are from generations gone before them or how to even begin to engage them in the workplace.
Tech firms and TV, music and media bods and the like have it sussed, as it’s Gen Y central there; all hipster beards, BYOD, dogs in the office, gin flavoured popcorn and knowing whose Spotify playlists to follow. It’s the more established traditional, dare I say it old school employers, who make up the majority of global businesses in terms of number of employees who need to play serious catch up.
Woodreed’s been thinking about the Millennial generation at work and have written a report which helps senior leaders and internal communicators gain insight into this unique generation. We think it’s an essential read. If you’d like a look, grab yourself an organic fair trade soy latte with a shot of caramel and click here to read the report in full.