If given the choice, one in four Millennials would now leave their current employer to join a new organisation or do something different. In two years’ time, the number increases to 44 per cent, says a 2016 Deloitte survey. A Gallup report also shows that US companies are losing $350 billion in revenue every year due to employees’ disengagement.
As the Millennials/Generation Y, born in the early 1980s through to the early 1990s, take the place of Generation X at work, all this becomes even more challenging. And Generation Z (mid-1990s to early 2000s) is already following.
If you’re a manager these days, you know that this X, Y, Z mishmash means:
• Loyalty is gone
• There’s a new set of values and priorities
• Technology is everywhere
• Change and innovation become the way things are done.
Combining Human Resources and Innovation expertise, Aylin Olsun, managing partner of ASO Company, and Diana Neves de Carvalho, Exago’s CEO, share insights and recommendations on how to increase the engagement of these ever more demanding employees, while strengthening your company’s collaborative innovation culture. You can get the paper “Why innovation drives engagement among Generations Y and Z” here.