In case you didn’t realize it, the workplace of the future is here. Millennials will make up 46 percent of the workforce by 2020—and it’s growing. Attracting and retaining millennials will become a top priority for businesses in the coming years—if it hasn’t already.
Unlike prior generations, though, millennials view work in a different light. Their preferences will have a profound impact on the technology you use, the design of your workplace, and even work arrangements like allowing people to work remote.
Millennials prefer to work and communicate differently. They like more collaboration and open spaces rather than traditional cubicles. They want remote work opportunities and the best of technology—audiovisual, smartphones, and other hardware.
If you don’t have it, they’ll leave. The Bureau of Labor Statistics shows the average millennial stays on the job for about 2.6 years. Age range is a contributing factor, but millennials are known to seek out better opportunities where the tech and culture can lead them to the best work.
If you are concerned with how your company can attract and retain the top talent from the millennial generation, then you should consider a non-traditional approach to preparing your company for the future.
Microsoft spoke to 1,000 millennials to find out what makes them want to stay with a company. Two of the “secrets,” as they were labeled, were companies with a culture of collaboration and those who offer the latest technology.
Those are two of the fundamental concepts of HB Communication’s Audiovisual Ecosystem project. If you want to develop a workplace that will attract and retain the millennial workforce consider using a holistic approach to redesign as we did.
Here are some concepts and suggestions to consider as you think about the workplace of the future.
Communication needs to be a top priority for any business. The entry of the millennial generation magnifies that. Millennial’s appreciate a company that clearly communicates its vision on a consistent basis and knows what they are working towards. Visual communication technology is a strong way to ensure that the key messages of the business are being constantly reinforced.
Collaboration is twofold. You need a collaboration platform where your entire organization can communicate easily. You also need to consider open workspaces where your teams can come together—this is at the heart of an ideal workplace for millennials. Larger spaces get attention but don’t forget smaller ones like collaboration nooks, “wormholes,” where one or two employees can video conference with another location, and small or causal collaboration spaces.
Millennials grew up with the rapid development of technology like smartphones, social media, and video on demand. In a survey conducted by PwC, about 59 percent said an employer’s providing of the state-of-the-art technology was important to them when considering a job.
Millennials are also looking for remote work opportunities. Look for video collaboration, digital signage, speakers, and other AV equipment that will allow for better communication and connection to remote users. This will ensure that remote users are well connected with the rest of the organization.
No matter what you do to attract and retain millennials, your company will need the best communication possible. Click here to visit the Audiovisual Ecosystem where you can see how we took a holistic approach for applying AV technology in ways that truly impact how we do business.