flexiblefullpage -
billboard - default
interstitial1 - interstitial
Currently Reading

Understanding the values and aspirations of millennials

billboard - default
interstitial1 - interstitial
Sponsored Content Building Team

Understanding the values and aspirations of millennials


Steven Burns | August 20, 2015
Understanding the values and aspirations of millennials

Only 28 percent of millennials believe that their organization is taking full advantage of their skills, research from Deloitte revealed.

As millennials grow to become the largest demographic segment of the workforce, more attention is being directed to their perspectives, goals and desires.

A recent LinkedIn workplace survey revealed that millennials (defined as individuals aged 18–24) are quite different from boomers (those aged 55–65):

  • Friendship at work is significantly more important to millennials, who report that such connections make them happy (57 percent), motivated (50 percent) and productive (39 percent). Boomers, in contrast, say that friendship at work has no bearing on their work performance (45 percent). Sixty percent of millennials — more than any other age group — say that socializing with co-workers make the workplace environment better, compared to 40 percent of boomers. And almost one-third of millennials believe workplace friendships will help further their careers.
  • Millennials are more likely to discuss personal issues with co-workers. Forty-nine percent of millennials are likely to discuss salary with coworkers, compared to 31 percent of boomers.
  • Despite their inclination toward friendliness and openness at work, 68 percent of millennials would sacrifice a friendship with a coworker for a promotion, while 62 percent of boomers would not consider it.

Deloitte’s fourth annual Millennial Survey also sheds light on millennials’ aspirations at work:

  • Seventy-five percent of millennials believe that businesses are focused on their own agendas, and not on helping to improve society.
  • Only 28 percent of millennials believe that their organization is taking full advantage of their skills.
  • Six in 10 millennials say that a “sense of purpose” is part of the reason they chose their current employer.
  • Millennials have very different ideas about leadership. As leaders, millennials say they would focus on people, while they believe that today’s leaders are focused on profit and personal reward. This leadership gap is most apparent when the specific attributes of leadership are explored. Millennials place lower weight on leaders being visible (19 percent), well networked (17 percent) and technically skilled (17 percent), but consider “true leaders” as those who are strategic thinkers (39 percent), inspirational (37 percent), personable (34 percent) and visionary (31 percent).

Read more from Medium.

More from Author

Steven Burns | Jun 15, 2018

4 project management mistakes to avoid at all costs

Helpful tips for managing projects more effectively

Steven Burns | May 8, 2018

5 tips to improve employee utilization (and morale)

Ways to increase productivity and revenue, while providing a supportive workplace environment

Steven Burns | Apr 3, 2018

4 reasons to take a closer look at your project metrics

We've all heard that data is important, but what role does it really play in your business?

Steven Burns | Mar 28, 2018

6 strategies to keep your project on budget

Here are six strategies to keep your projects on or even under budget.

Steven Burns | Feb 1, 2018

If you want to improve profits, look to the numbers

Simple changes to your daily habits can help increase efficiency and profits.

Steven Burns | Jan 3, 2018

4 networking strategies to grow your business

Follow these networking strategies to grow your architectural business with the work that you want.

Steven Burns | Dec 28, 2017

Why every AEC firm needs project accounting

While standard financial accounting is essential for the health of your business, project accounting helps drive the success of individual projects.

Steven Burns | Dec 12, 2017

3 tips to address the top causes of budget overruns

The most cited issues are communication breakdowns, inadequate fees for the work provided, and unrealistic deadlines or schedules.

Steven Burns | Nov 30, 2017

4 invoicing tips that'll actually make your clients smile

There are techniques you can use with your invoices that both highlight your firm’s value and make the process more convenient for clients.

boombox2 -
native1 -

More In Category




halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021

 


Magazine Subscription
Subscribe

Get our Newsletters

Each day, our editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Subscribe

Follow BD+C: