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episode 29: mastering the un-manageable magic of millennials
Human resources professionals, among many others, spend a lot of time analyzing the generational qualities of the population. Millennials, in particular, seem to stir up quite a bit of buzz. While everybody seems to have an opinion about their work-ethic, purchasing power, ability to commit, and everything else under the sun; they cannot deny that millennials have re-designed the way businesses operate. In other words – millennials are commanding our attention. On episode 29 of unsuitable on Rea Radio, “mastering the un-manageable magic of millennials,” Mark is joined by Pat Porter, director of human resources at Rea & Associates, to talk about some of the staffing issues companies are having today.
To help listeners get a better idea about the complexities of staffing the business, Pat identifies the five generational categories that make up the American workforce and how each generation views their role in the workplace. Just as each generation views the world slightly differently than the others; recruiters must be able to tailor their recruiting strategy in a way that speaks to a particular generation. There is not a one-size-fits-all option. For example, Pat says Baby Boomers “live to work,” Generation Xers “work to live” and Millennials “want to work my way.”
CEOs and other business leaders understand that if they want their business to compete in the marketplace, they have to take a new approach when it comes to reaching a new, digitally-driven consumer. They also understand that nobody knows these new buyers better than Millennials – which means engaging with these young men and women is critical. That being said, every employee brings unique assets (knowledge, skills, abilities and experience) to their position and while, from a generational perspective, there will be challenges, there are also opportunities to consider. At the end of the day, business leaders should ask this single question when considering the company’s employees: regardless of their generation, are they productive? If the answer is yes, then owners would be wise to adapt and let the generational diversity help propel your business forward.
Learn more about the un-manageable magic millennials. Listen to unsuitable on Rea Radio episode 29 now or get more information about staffing your business at www.reacpa.com/podcast.
articles & insight
Making A Great Catch – Got a job opening? If so, it could be straining your small business. Being down even one person could hurt productivity. But don’t let your sense of urgency cause you to make a hasty, regrettable hire. Small businesses frequently feel the pressure to fill crucial roles quickly. But there is a lot of risk associated with making a quick hire. Read on to learn more.
No People, No Growth – Maximizing your company’s recruitment and retention strategy is essential for securing business growth – not to mention sustaining that growth once you’ve achieved your goals. Here are seven quick tips to help you help you boost your existing human resources efforts and take your search for talent to the next level.
Your Human Capital – The good news is that the economy is turning around. The bad news is that other companies are starting to hire again – and your employees might start looking to see if the grass is greener elsewhere. The benefits for retaining your qualified employees, as you know, are plenty. So how do you hang on to the ones you have? Read on for tips to help you retain your top performers.
Can You Afford To Lose Them? – When you lose a member of your team, regardless of their position, you can expect their departure to impact your organization’s bottom line. That’s why it’s so important to take a proactive stance with regard to staffing and minimizing your financial burden. Read on to learn more.
Recruiting Candidates That Match Your Firm’s Values – How do you go about recruiting talent? And further, how do you go about recruiting talent that matches your firm’s values and character? Find out what we are doing at Rea & Associates for some tips to help your company’s recruiting efforts.
Fully Staffed & Operational: How To Master Your Employee Recruitment Strategy – Don’t make the mistake of thinking about your employee recruitment and retention efforts as a line item on your to-do list. You should always be thinking about ways to keep your company fully staffed and operational. While there is no way to predict how many employees you will need to hire over the next year, or even the next five years, you can create a solid recruitment plan by paying close attention to your company’s historical data. Read on to find out how.
Why Your Traditional Employee Management Method Is Failing – Are you using traditional employee management practices to manage nontraditional employees? Want to know why this method is failing? Read on to find out what these employees are looking for in an effective manager.
The Great Employee Shortage – As the economy continues to pick up steam and production increases, business owners say their talent-pool of young, skilled workers is dwindling. The decline of potential employees could not only have long-term implications on our companies, this phenomenon could impact local economies too. Read on to learn more.
The Value of Long-Term Employees – The average employee stays with a company for 4.4 years, according to a 2010 study by the Bureau of Labor and Statistics. Keep reading to discover some of the benefits businesses see when they manage to keep their employees for multiple years if not decades.
Are You Paying Your Employees Correctly? – How much emphasis do you place on reviewing payroll contracts after they have been entered in to your entity’s payroll system? Do you double check the per-pay amount for a salary and move on? There are many factors, that if ignored, can result in over or underpayment of contract amounts. Read on to learn more.
What To Do When You Can’t Do Everything Yourself – Today’s business owners are expected to wear many hats. But, if you really want to move the needle, you are going to have to shed a few. Read on and find out why many savvy entrepreneurs choose to outsource the logistical aspects of their business so they can focus on growth.
Click here to read the official transcript of episode 29: mastering the un-manageable magic of millennials