5 ways HR has been disrupted by millennials
The technological revolution has changed how the world does business, with a new generation of tech-savvy, ambitious young men and women changing how we define success.
From that to new startup that’s changing how you get home repairs done, millennials - those born around the turn of the millennium - are challenging the established order of the corporate world. Their vision, dedication and pioneering use of technology now threatens to turn the business world upside down.
Despite this success, many companies are unsure about how to view this new generation. Startups may have a certain comfort level with millennials, but for established companies, this new generation represents an unknown quantity. This applies especially to HR departments, which find themselves at sea dealing with the youth - to whom ‘traditional’ job concerns may not apply. So what can HR professionals and department heads do to ensure their businesses get the most out of this world-beating, innovative, and sometimes restless generation? Here’s a look at how millennials are disrupting the world of HR:
Adaptability and comfort with technology
An obvious point, but one we can’t stress enough - millennials have grown up around technology and are comfortable with technology to a point that seems inexplicable to those of use just a few years older than them. From Facebook to Slack, apps, services and gadgets are a part of their daily life just as cable TV or magazines would have been for their elder siblings.
This represents a challenge as by being so used to new technology, these young men and women could find themselves out of place in an organisation that’s not too technology centric, leading to job dissatisfaction. But there’s a flip side to this. Why not harness this comfort with technology to drive innovation at the workplace? Why not seek out their ideas for how things can be done differently - and perhaps, more efficiently? Not only can this give millennials a sense of purpose and the pride that comes from making a difference, but it could also help prepare your business for a new era
A new view of job satisfaction
The traditional view of employee satisfaction has centred around monetary compensation - salary. Even though other issues, such as a work-life balance and growth prospects, have come into play, salary remains the prime driver of employee productivity as far as many HR managers are concerns. But that’s a view that’s long outdated. And when it comes to millennials, it may have very little relevance.
On the other hand, millennials may value other things at the same level - excitement, long-term growth through the viewpoint of newly acquired skills, and the chance of driving change. Millennials might value security just like every other human being, but having grown up in a world that’s changing so fast, they have embraced risk and uncertainty at a hitherto unseen level. Traditional carrots and sticks won’t work with them. What will, instead, is the chance to let them flourish in a way which realises their aspirations. Give them a workplace that thrives on change, where a risk-taking attitude is embraced, and where long-term growth includes the prospect of adding new skills and see how millennials help drive your success.