Millennials. It’s a term we’ve heard frequently for several years now, but why is there such a big focus on Millennials in the workforce? While Baby Boomers continue a tsunami into retirement, corporations have had to shift their focus on the younger generations – Gen X and Millennials. Millennials are the largest generation we’ve seen in the U.S., and by 2020 it is estimated that 50% our workforce will consist of Millennials. With this, organizations are now focusing on what makes Millennials unique, what the challenges are to hiring and retaining Millennials, and how to attract top talent in such a massive demographic.
There are roughly 92 million Millennials (born 1981-2000) in the United States, which is 15 million more than Baby Boomers (born 1946-1964) and 31 million more than Generation X (born 1965-1980). While there are many similarities among all three generations, there are some differences unique to Millennials. The most obvious difference of Millennials versus older generations is their exposure to technology and always being connected. They are highly technically inclined, inquisitive by nature, and more open to change. Millennials will experience, on average, almost twice as many organizational changes as Generation Xers and almost three times as many organizational changes as Baby Boomers.
LONG recognizes the value of a changing workforce to meet not only the demands of an ever-shifting economy, but to also meet the demands of our employees. We have gone to great lengths to understand the uniqueness of all our employees and the generations they fall into, and how best to please everyone. Our Baby Boomers who are reaching retirement have had the opportunity to teach valuable professional and life skills to our younger staff, while that younger staff have had some of the best teachers they could ask for. We work to create a positive culture that promotes a healthy work/life balance, innovative thinking, technological advances, focus on health and wellness, competitive pay and benefits and clear opportunities for growth and career advancement. We believe this appeals to the greatest employees, whether Baby Boomer, Gen X, or Millennial, and we look to our new employees to help cultivate a work environment rich in LONG’s history, but also forward-thinking and forward-moving.
Erin is the Recruiter for LONG and works primarily out of the corporate headquarters in Littleton, CO., but supports all locations in their hiring needs. She is an avid fitness junkie who loves to lift weights and play basketball, foodie, book worm, and loves to travel to experience as many places, cultures and foods as possible.