This document discusses how the future of work is being shaped by Millennials and their priorities and expectations. It summarizes the author's experience working in startups from 2012 to 2016, noting that Millennials increasingly value personal growth opportunities, work-life balance through flexibility, and finding purpose and impact in their work. The document cites several studies showing that over 50% of the US workforce will soon be Millennials, who are less engaged and change jobs more often than previous generations, prioritizing benefits like training, flexible hours, and the ability to make an impact through their work. It suggests employers should focus on these priorities to attract and retain Millennial talent.
22. How important is pay? (%)
BABY BOOMERS
(BORN 1940 TO 1960)
GENERATION X
(BORN 1961 TO 1982)
GENERATION Y
(BORN 1983 TO 1995)
GENERATION Z
(BORN AFTER 1995) 40
41
47
51
*Source: Hays- What Workers Want (2017)
33. Most valuable benefits (%)
TRAINING
AND DEVELOPMENT
FLEXIBLE
WORKING HOURS
CASH BONUSES
FREE PRIVATE
HEALTHCARE 8
14
19
22
*Source: PWC- Millennials at work
47. Employee wish list (%)
ABILITY TO MAKE AN IMPACT
THE PROBLEMS
THE MISSION
THE TEAM
THE CULTURE 30
39
40
42
55
*Source: First Round- State of Startups (2019)
48. Millennials don’t just work for a
paycheck -
they want a purpose
*Source: Gallup- How Millennials Want to Work and Live
49. 1. Why is it relevant?
2. What changed?
3. What can we do?