How to Train and Retain the Millennial Employee #4


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Mar 17 2015 55 mins  

Overview of Episode #4. The following topics are covered:

  • Who's a Millennial and how this research was conducted.
  • The top motivators and driving forces for this Generation.
  • What they want
  • Eight tips for managing, training and retaining Generation Y
  • Get Full Show Notes Here

Topic #1 - Who's a Millennial and How This Research Was Conducted:

Timing on Recording: @ 7:45 ---

  • Millennial / Generation Y - employees born 1978 - 2000. (People as young as 15 and up to 37 years old)
  • Research: Two years, over 500 Millennials who were college graduated and working in their careers. Included: surveys, assessments, one-one interviews and focus groups.
  • Recap of Bette's Research: GenBlending

Topic # 2: Top Values and Driving Forces

Timing on Recording: @ 16:30 ---

  • Top Motivators for this Generation:
    #1 - Utilitarian/Economic - The Business Person - A focus on getting results and return on investment. "If I put my time in and I want good results. I want to make things better."
    #2 - Social/Altruistic - The Serving and Helping Others driver - A focus on the inherent and genuine caring of other people. "very team oriented and collaborative."
    #3 - Theoretical/Knowledge - The Learner - A focus on gaining knowledge and learning. Knowledge sponges.
  • I want to get results so I can do things for the people I care about.
  • Related Podcast: MORE Motivation

Topic # 3: What They Want...

Timing on Recording: @ 19:10---

  • Do not put me in a box.
  • Give me experiential learning. (Not just book learning.)
  • Eager to contribute - but let me know how what I am doing to contribute to the big picture.
  • Like a flattened organization where they can make an impact and not be "put in a box". Highly structured, large organizations are less appealing.

Topic # 4: How to Manage the Millennial Employee

Timing on Recording: @ 31:15 ---

  • THE ONE THING YOU CAN BEGIN DOING RIGHT AWAY: Get the know them, ask about their personal life, engage frequently, get to know who they really are and allow flexibility.
  • Top Tips:
    - Time is clockless - what counts is results. Give me flexibility.
    - Trust is a must.
    - They want balance and will create it.
    - Do not micromanage. ("Do you not trust me?")
    - Give me feedback.
    - If what you say in the interview does not match my true experience, when on the job, I will leave.
    - Ask me what I think. I want to be involved.
    - I want to feel valued.

How To Connect With Bette Price:

Related Podcast: MORE Motivation

Contact Suzie Price

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