The Proper Care and Feeding of Millennials in the Workplace
Recruiting and retaining Millennials depends on understanding who they are and what they want and having a Millennial Talent Management Strategy.
Who are they?
Millennials are those born in the 80s and 90s more or less, basically the 20-40 year old work force. Millennials now make up just over one-third of the workforce (more than the Bookers or Generation X) and by 2020 Millennials will form 50% of the global workforce.
Described in many ways: ‘hopeful’, ‘narcissistic’, ‘nomads’. These digital natives certainly are tech-savvy, connected, mobile, and social. As opposed to previous generations, the millennials are much more attracted to on-demand work, and flexibility of all flavors. As compared to Gen X, this cohort is considered by hiring managers to be much more open to change (72% Millennials vs 28% Gen X), much more creative, money-driven, and adaptable, with a bit more of an entrepreneurial attitude. Millennials are a bit less confident (46%) than Gen X (54%), and much less team players (27%) as compared to Gen X (73%), according to KPCB’s Internet Trends 2015.
Millennials in the Workforce
It’s a candidate’s market with low-tech unemployment and companies battling it out over the same employee pool in many areas. The Millennials have come of age and (more…)
Beating the Tech Talent Crunch
Ways to Shore Up the Talent Gap
The tech talent shortage has been compounding for some years, to the point we are hearing about the return of the candidate king. Sectors across various technology industries, engineering, and finance are experiencing difficulty acquiring and retaining much needed talent. Big talent gaps exist in software development and data science/analytics, and all across the science, engineering fields as well.
So what can you do to find the skilled talent you need? (more…)
How Do You Source Talent?
Companies source talent online, offline, internally, externally, and different methods work better for some than others.
A great source of sourcing info:
The SilkRoad Top Sources of Hire annual report looks at client data from the SilkRoad Recruiting ATS, which is used by companies ranging in size from small-to-medium businesses up to vary large companies across industries like IBM, eBay, and L’Oréal.
Interview or Hire as metric?
This is always a fun report to read and compare and contrast with the sources of hire of veteran growth-mode recruiting firm, Redfish Technology. Redfish primarily serves start-up to mid-stage growth mode companies very focused (more…)
Connecting in Your Interview
Ideas for meeting people and relationship building
Business is made up of people working together on an activity for the benefit of all involved: boss, employee, customer, the society at large hopefully! And the interview is an interactive opportunity for both employer and prospective employee to evaluate fit and decide if they want to collaborate on the company’s goals.
While hard skills may need to be verified, such as a software developer being able to coder efficiently, and while references should always be checked, the interview has other objectives beyond these. (more…)