Having members of the millennial generation on your team can provide an incredible boost to your bottom line and plenty of intangible benefits for your workplace culture. Millennials—the post collegiate workers at the youngest end of the age spectrum in the professional world—are generally a delight to have on board. Young workers need managers with a distinct approach to retention, one that may not apply as well to mid-career, gen X, and older workers. Here are a few steps that can help keep talented young workers on your team as they gain experience.
Tips for Retaining Millennial IT Employees
1. Pay attention to where they’re headed. Most post collegiate workers don’t expect to stay with their current employers for very long. A first job is first job, and you can expect your millennials to get restless and make a move within one to five years. If you want to hold onto them, be ready for this, stay in touch with their personal career goals, and make sure you have room available for in-house advancement when the time comes.
2. Offer flexibility. Younger workers usually prefer freedom and flexibility over money, retirement plans, and job security. This doesn’t mean you have carte blanche to underpay and exploit them in exchange for offering dress-down Fridays. But it does mean you’ll get positive results if you let them work from home whenever possible and allow them to use their personal devices on your network.
3. Respect their devices. Let them use their iPhones and tablets while at work if this use doesn’t undermine productivity. (This doesn’t mean you can expect them to use their own devices to accomplish work related tasks. If you do this, you’ll need to contribute to their data plans.)
4. Listen to their crazy ideas. Young people don’t know very much about how the world, or this business, really works. But their ignorance sometimes makes them brilliant. Tune in. Encourage them to express their ideas, risk failure, try new things, and speak up when they may have something to offer.
5. Provide them with structure. Just because they seem bold and free spirited doesn’t mean they are. All young people experience uncertainty now and then, but the members of this generation in particular are known for their highly sheltered, over-validated upbringings. They may sometimes chafe against the training wheels and restrictions placed on them, but before you send them out on their own, give them very clear instructions, rules with consequences, and the assurance of support.Hire millennial workers who will make you proud, and once you bring them on board, take all the steps necessary to train them, encourage them, and retain them as their skill sets grow. Pace Staffing can help. Reach out to our office for more ways to get the most out of your post collegiate workforce.