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Millennials vs Others At Work

Almost three-quarters of Millennials said that they do have a different attitude to working life than other employees and the biggest gulf is ambition. 38% of Millennials say that the desire to progress their careers is the main gap between the generations at work, closely followed by being unlikely to stay with same company for more than five years.

The survey also shows that many workplaces are already adapting to the changing needs of Millennials, according to a survey of 500 18 – 34 year-old employees by Euromoney Learning Solutions.

“Millennials will soon become the majority of our work force and to retain the best employees, and get the most out of them, it’s essential that organisations adapt to their preferred ways of working,” says Guy Cooper, Managing Director - Public Courses and In-house Training, Euromoney Learning Solutions.

As part of the survey, Euromoney Learning Solutions looked at how the reality of Millennials' experiences of the work measured up against nine key points that research found engaged and motivated them: career progression, training opportunities, recognition and feedback, flexible working, collaborative working, quality of workplace environment, social media and technology use, CSR and innovation.

71% of Millennials said that they have excellent or good prospects for advancement, with just 13% saying that they were in a dead-end job. The majority of Millennials are employed somewhere with flexible working opportunities and the most common option is flexible working hours, enjoyed by 34% of respondents.

But not every aspect is so positive. Just a third of Millennials receive training designed to help them progress up the career ladder and one in ten receive no training at all.

“Organisations which neglect training can lose out on unlocking the potential of their staff – and can find themselves struggling when it comes to retention and recruitment,” says Cooper. “Our research shows that the majority of companies need to see if their training provision is working to support their long-term needs.”

The full results for Euromoney Learning Solution’s Millennials at Work survey can be found here.

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For more information please contact:

Carlos Doughty
Marketing Director
cdoughty@euromoneylearningsolutions.com
+44 (0) 20 7779 7205
www.euromoneylearningsolutions.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Euromoney Learning Solutions in the following categories: Business & Finance, Education & Human Resources, for more information visit http://pressreleasewire.responsesource.com/about.