Five Practices
Article 1
Technological Advances. Millennials are familiar with the exchange of information through social media and several other types of technology. With time, it has become essential for accelerating the technological integration into the workplace for enabling workers to exploit technology in a manner that gives them increased efficiency and more flexibility. Millennials at workplace are skilled at leveraging the latest technological advances. Inclusion of technological advances is a necessity for Millennials, as they expect access to the most appropriate tools for execution and collaboration at any time. Several major corporations are actively seeking the latest technological advances and ensuring their employees have access to learn them and feel competitive and satisfied (PWC 3).
Innovative Compensation Programs. Millennials tend to value for recognition over; or at least in addition to, making money. They seek rewards, which will provide them the benefit in future or at least enhance their career. Millennials give added value to appreciation and need continuous recognition—even for tasks they are part of their routine job. For Millennials, finding purpose and meaning and enjoying their work is more essential. Many businesses have been forced to shift their focus on the ways they reward value and quality of work and the requirements of every individual. Another aspect of Millennials is that despite the presence of digital technologies, even they prefer having serious discussions such as their career path face-to-face (PWC N.pag).
Accelerate Mobility. Millennials are also attracted to working overseas and consider it part of their desired career track, much more than previous generations. In addition, they are much more globally aware and live in a knowledge oriented world. Working in new countries is an attractive proposition for most of the Millennials as they are willing to experience other countries and cultures. Global career opportunities have become an essential requirement or necessity for attracting and engaging the most attractive millennial prospects. They don’t want to wait for global exposure and prefer organizations that have the history of promoting and implementing global mobility (PWC N.pag).
Article 2
Work-Life Balance. Millennials are also willing to sacrifice a small amount of income and reduce their promotion progress in their career, if they get opportunity maintain work-life balance.
Several Millennials feel unconvinced on the nation that excessive demands of work are worth sacrificing their personal life. If they are forced to work for long hours, it is possible that they will find places which meet their work-life balance requirements. In addition, organizations that give the Millennials an opportunity to set their work times eventually get positive results. Many organizations are willing to empower their employees and tweak their policies to ensure Millennials feel comfortable and are given the chance of working their way (Thean N.pag).
Article 3
Philanthropy and Social Causes. Millennials are attracted to work for organizations that willing to give back to the community and socially aware about making change. According to one survey, around 69% of the millennial employees are more likely to start donating to the community when their office is willing to match their donation (Josephson N.pag).
In addition, participating in social causes such as the recent Black Lives Matter, Gun Control legislation, LGBT rights, First Responder’s Bill, etc. are attractive for Millennials. This form of interest shows that participating in social causes and philanthropy is one of the ways to attract and engage with millennial employees.
Technological Advances
Since Facebook is one of the leading technology businesses in the world, they are always on the lookout for the latest upcoming technologies and ensuring they are up to date and able to compete. At workplace, employees are encouraged to provide ideas and suggestion to improve the current system and technology. In such an environment Millennials thrive and love to work for long term (Jana N.pag).
Innovative Compensation Programs
Facebook’s innovative culture encourages involving everyone and recognizing people who make innovations. Top management work as thinkers rather than judges and create a supportive environment that recognized and supports creative thinking. They follow the policy of learning by making and believe that employees should be given an opportunity to create and innovate rather than follow instructions (Jana N.pag)
Accelerate Mobility
Facebook has offices in all corners of the world and employees are relocated to different markets. This is an opportunity that attracts many Millennials to the organization and ensures they get their wish faster on Facebook that any other global corporation. Employees from the United States are always moving to new markets to increase Facebook market presence globally (Facebook N.pag).
Work-Life Balance
Facebook has understood the relevance of a burnout factor at the workplace and the need of Millennials to have work-life balance. The company is empowering its employees to take time off work and focus on themselves. Several employees have taken time off to ensure they get to enjoy work and get enough time off work to maintain a suitable work-life balance. In one way, Facebook has taken matters into their own hands by asking employees to set their own goals outside of the office and helps them to satisfy those goals (Brekke N.pag).
Philanthropy and Social Causes
Facebook and co-founder announced in December 2015 that he will give away 99 percent of his Facebook shares over the period of his lifetime to charity (Seetharaman & Das N.pag). Such a deep thought and several other philanthropic efforts make Facebook one of the most socially relevant organizations, which promote efforts such as charity, several social causes such as LGBT rights, Motion against Paris attacks, etc. (Strange N.pag; Indian Express N.pag).
Another business that has done an exception job in engaging with millennial employees is Twitter. Much like Facebook, they have been actively involved in social causes such as LGBT rights, opposing Paris attacks and showing support for victims, etc. In addition, Twitter is one of the staunch supporters of work-life balance and global mobility of their workforce. Twitter is also one of the social media giants with heavy reliance of technological awareness and feedback of their employees to make their service better and efficient for the users. Overall, Twitter is one of the best examples of a business organization that promotes activities helpful in engaging with millennial employees.
Conclusion
Millennials have different needs in comparison to their non-millennial counterparts and organizations need to understand these needs and find ways to satisfy their millennial employees.
These needs help in identifying certain practices values that should be incorporated by businesses to ensure they can engage with millennial employees. Some of these practices are include technological advances, accelerating mobility, supporting social causes and philanthropy, support work-life balance and develop innovation compensation methods.
Works Cited
Brekee., K. How Facebook Is Helping Employees Tackle Work-Life Balance. The Huffington Post. huffingtonpost.com. 28 January 2016. Web. 10 February 2016.
Indian Express. 26 million Facebook users go rainbow for gay marriage ruling. Indian Express. Indianexpress.com. 2 July 2015. Web. 10 February 2016.
Jana., R. Inside Facebook’s Internal Innovation Culture. Harvard Business Review. hbr.org. 7 March 2013. Web. 10 February 2016.
Josephson., B. 3 Things You Can Do to Engage Millennial Employees. The Huffington Post. huffingtonpost.com. 13 July 2015. Web. 10 February 2016.
Facebook. Our Mission. Facebook. Fb.com. 2016. Web. 10 February 2016.
PWC. Engaging and empowering Millennials. PWC. pwc.com. 2014. Web. 10 February 2016.
Seetharaman., D & Das., A. Mark Zuckerberg and Priscilla Chan to Give 99% of Facebook Shares to Charity. The Wall Street Journal. Wsj.com. 2 December 2015. Web. 10 February 2016.
Strange., A. Facebook lets you support Paris in your profile photo with one click. Mashable. Mashable.com. 14 November 2015. Web. 10 February 2016.
Thean., P. Millennials in the Workforce -- Engaging Them, Retaining Them. The Huffington Post. huffingtonpost.com. 2 April 2015. Web. 10 February 2016.
