Human resources and business leaders are riding the crest of the millennial tidal wave at the moment. The largest generational cohort in history, millennials currently comprise 34% of the global workforce, with projections to reach 50% by the year 2020. And they’re having a significant – and positive – impact on the way we work.
With demands for flexibility, a need for meaningful and purposeful work, a focus on health, new expectations of their employers, a desire for social connection, a need for real-time feedback and recognition and a reliance on technology that is unmatched by their predecessors, millennials are challenging HR leaders and executives alike to rethink how they attract, inspire, cultivate and retain talent.