1. Thank you! WorkSmart Premium Sponsor 2. ChristopherJ.Luise:Execu(veVicePresident EdwardD.Laprade:President&CEO FaithAn7on:DirectorofMarke(ng AmandaDaCosta:Marke(ng&EventsSpecialist The Differences in the Millennial Workforce: How to Work Together Effectively 3. Generations Baby Boomers 1946-1964 Age 51-69 Millennials/Generation Y 1985-1994 Age 21-30 Generation X 1965-1984 Age 31-50 4. - Forbes, Three Reasons You Need To Adopt A Millennial Mindset Regardless of Your Age October 2012 By 2020, Millennials will be approximately 50 percent of the U.S. workforce, and by 2030, 75 percent of the global workforce. 5. Please download this presententation to view the video. 6. What We Think Millennials Want Instant gratication Constant praise Flexibility and mobility Rapid career advancement Work/life balance 7. Please download this presentation to view the video. 8. The Millennial Perspective Im not on Facebook, Im using technology to do my job. My contributions are not appreciated or acknowledged. Compensation is important because I am drowning in debt. I have to prove myself or put my time in before I can advance. Want modern technology? Bring it yourself. 9. What concerns do employers have about Millennials currently entering the workforce? 10. What risks are employers really facing as they bring Millennials into the workforce? 11. How important is work/life balance to Millennials? 12. What do Millennials expect from their employers? 13. How do employee expectations change within different industries? 14. What does the data show about Millennials in the workforce? 15. 54% of Millennials dont fully understand their organizations business strategy. Neither do 58% of Baby Boomers. Source: IBM Institute for Business Value Millennial Survey 2014 16. 42% of Millennials would leave their current job for another offering more money and a more innovative environment. So would 47% of Gen X. Source: IBM Institute for Business Value Millennial Survey 2014 17. 60% of Millennials dont think their organization is effectively addressing the customer experience. 70% of Baby Boomers agree. Source: IBM Institute for Business Value Millennial Survey 2014 18. Myth: Millennials want constant acclaim and think everyone on the team should get a trophy. Fact: Millennials want a manager whos ethical and fair. They think its less important to have a boss who recognizes their accomplishments. 0% 7% 14% 21% 28% 35% 29% 35%35% Ethical & Fair Transparent & readily shares info M 19. Myth: Millennials career goals and expectations are different from those of older generations. Fact: Millennials place much the same weight on many of the same career goals as older employees do. Millennials Gen X Baby Boomers 0% 6.25% 12.5% 18.75% 25% 21% 22% 22% 24% 20% 22% 23% 21% 25% Make a positive impact on my organization Help solve social &/or environmental challenges Work with a diverse group of people 20. Myth: Millennials are more likely than others to jump ship if a job doesnt fulll their passions. Fact: Employees of each generation share the same reasons for changing jobs. Top Reasons: More money and a more creative workplace 41% 42.5% 44% 45.5% 47% 42% 47% 42% Millennials Gen X Baby Boomers 21. What do Millennials need in order to be effective? 22. What does transparency mean to an employer? 23. How can we capitalize on generational differences? 24. Take Aways Minimize the risks Capitalize on talents and differences People are individuals, not generations Let people fail - let people learn - learn from everyone Share your vision and help people develop their own 25. www.thinkADNET.com! @ADNETTech ! @ADNETTechnologiesLLC! @ADNETTechnologiesLLC!