Millennials care about corporate culture—and that means organizations must, too.
According to Pew Research Center‘s analysis of U.S. Census Bureau data, 35 percent of the U.S. labor force are millennials, surpassing Gen Xers and making it the largest generation of workers in the country.
The analysis states:
As of 2017 – the most recent year for which data are available – 56 million Millennials (those ages 21 to 36 in 2017) were working or looking for work. That was more than the 53 million Generation Xers, who accounted for a third of the labor force. And it was well ahead of the 41 million Baby Boomers, who represented a quarter of the total. Millennials surpassed Gen Xers in 2016.
By 2020, half the global workforce will be millennials, according to a PricewaterhouseCoopers report, so it’s crucial that you understand what they value in their work life.
Company culture plays a crucial role in engaging and retaining millennial professionals. Which aspects of workplace culture interest them most, though?
Larry Alton’s piece for Forbes, titled, How Millennials Are Reshaping What’s Important In Corporate Culture, dives into elements that are most important to this younger generation.
According to the piece, they are:
- The value of culture
- Corporate social responsibility
- Diversity and inclusion
- Work-life balance
- Ideas above things
- Feedback and growth
- Engagement and purpose
Looking for a career with a focus on one of these aspects of corporate culture?
- United Way of New York City seeks a vice president for corporate social responsibility.
- PayPal is looking for a program manager for diversity and inclusion in San Jose, California.
- If you’re a seasoned marketing professional looking to give feedback and help younger employees grow in their profession, Facebook is in search of a chief marketing officer in Menlo Park, California.
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