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HR Florida Conference                                               Class of 2011: What the Millennials Want
August 29, 2011                                                                             Dr. Bob Nelson




                Class of 2011: What the                       
               Millennials Want From You
        HR Florida SHRM presents




                                             with Bob Nelson, PhD




                              Meet Bob Nelson, PhD
                             President, Nelson Motivation Inc.
                             Co-Founder, Recognition
                               Professionals International
                             New York Times / Wall St. Journal
                               Best-selling Author




             Dr. Bob!
             D B b!




                                                                                                          1
HR Florida Conference                                                                Class of 2011: What the Millennials Want
August 29, 2011                                                                                              Dr. Bob Nelson




                                                                              
                Motivating the Millennials

                        The Millennials are Coming
                        Profile of the Millennials
                        Key Influences & Events
                        Millennial Work Attributes
                        Motivating the Millennials
                        Questions & Answers




                    The Millennials Are Coming

              Generation                 Age           % Workforce
               Traditionalists          (67+)                   4
               Baby Boomers            (47 - 66)               37
               Generation X            (27 - 46)               44
               Millennials             (18 - 26)               14




                                  50 MM Gen Xers       44 MM Millennials are here;
        70 MM Boomers retiring
                                 can’t replace them    46 MM more are coming




           “    76% of younger workers plan to find a
                new job as the economy improves
                                        improves.
                                                                       ”
                                               — Harvard Business Review
                                                 Fall issue, 2010




                                                                                                                           2
HR Florida Conference                                      Class of 2011: What the Millennials Want
August 29, 2011                                                                    Dr. Bob Nelson




                        Do You Know Me?




           MILLENNIAL MAN




           D.O.B.       1980-2000
           Height       As far as I think I can go
           Weight       I matter and what I do matters
           Address      Upscale, and wanting to move up
           Education    The best in history
           Tools        All the latest high-tech
           Connection   Instant, variety of modes
           Other        Optimistic, socially responsible




                                                                                                 3
HR Florida Conference                                   Class of 2011: What the Millennials Want
August 29, 2011                                                                 Dr. Bob Nelson




                  The Millennials Speak




                The Millennials Speak




                  Key Influences
                           PARENTS
                          Loving, Sheltering
                          Helicoptering, Clinging
                          P
                           Pressure to Learn, Succeed
                                    t L       S     d
                          No Limits, No Boundaries
                          Close Relationships (90%)
                          Congruent Values




                                                                                              4
HR Florida Conference                                                            Class of 2011: What the Millennials Want
August 29, 2011                                                                                          Dr. Bob Nelson




                            TECHNOLOGY
          iAnything            Texting, IM              Facebook




       75% have a profile on Facebook 44% read blogs 76% use instant messaging




                                                                                                                       5
HR Florida Conference                              Class of 2011: What the Millennials Want
August 29, 2011                                                            Dr. Bob Nelson




                            PEERS
                           Active in Teams
                            Throughout Childhood

                           Constant Contact Via
                            Cell Phone and IM

                           Peer Influence
                            and Pressure




                Cultural Influences




                                                                                         6
HR Florida Conference                                 Class of 2011: What the Millennials Want
August 29, 2011                                                               Dr. Bob Nelson




         Events Shaping the Millennials
          1991         1991        1999    1999




         1999 - 2000     9/11/01   2008   2011




                                                  
            Millennial Work Attributes




                       On Expectations




                                                                                            7
HR Florida Conference                Class of 2011: What the Millennials Want
August 29, 2011                                              Dr. Bob Nelson




                  On Expectations




                On Working Hours




                  On Working Hours




                                                                           8
HR Florida Conference                                    Class of 2011: What the Millennials Want
August 29, 2011                                                                  Dr. Bob Nelson




                  On Authority




                       On Authority




                   Millennial Work Attributes
                   Upsides
                       Techno wizards
                       Quick Learners
                       Resourceful
                       Hardworking, high achieving

                   Downsides
                    Inflated opinion of themselves
                    Overconfident, especially given
                        limited experience
                    Need instant and ongoing feedback
                    Need to be challenged




                                                                                               9
HR Florida Conference                                           Class of 2011: What the Millennials Want
August 29, 2011                                                                         Dr. Bob Nelson




                                                            
          What Millennials Want in a Job




                                                            
          What Millennials Want in a Job

            Career Advancement Opportunities (55%)
            Salary (52%)
            Interesting & Challenging Work (42%)
            Benefits (30%)
            Training/Mentorship (27%)


                      I Love Rewards Class of 2001 Survey




                                                            
           How to Motivate Millennials

                    Work Direction
                    Personal Development
                    Social Interaction
                    Feedback
                    Meaningful Rewards




                                                                                                     10
HR Florida Conference                                         Class of 2011: What the Millennials Want
August 29, 2011                                                                       Dr. Bob Nelson




                       Work Direction

           Keep them engaged

           Give general structure
             to work within, but allow
             their imprint

           Ask for and use their ideas




                Personal Development


          Think long-term; connect
           them t the future
           th   to th f t
          Be a mentor & a coach
          Provide opportunities to
           learn and grow




                    Social Interactions


                                       Allow team work
                                         assignments

                                       Provide socializing
                                         opportunities




                                                                                                   11
HR Florida Conference                                            Class of 2011: What the Millennials Want
August 29, 2011                                                                          Dr. Bob Nelson




                          Feedback

                                Provide frequent feedback
                                  based on their performance.

                                Provide context for how their
                                  contributions relate to the
                                  team, organization, customer
                                  and society.

                                Be transparent and authentic.




         Use a proven online rewards and recognition platform




                                                                                                      12
HR Florida Conference                                            Class of 2011: What the Millennials Want
August 29, 2011                                                                          Dr. Bob Nelson




         Use a proven online rewards and recognition platform




                  Meaningful Rewards

            Creative           Varied           Personalized




                                                           
            How to Motivate Millennials


                                   Keep Them Challenged
                                   Personally Coach
                                   Create Social Interactions
                                   Frequent Feedback
                                   Meaningful Rewards




                                                                                                      13
HR Florida Conference                                Class of 2011: What the Millennials Want
August 29, 2011                                                              Dr. Bob Nelson




                     Questions?
             Bob Nelson, Ph.D. bobrewards@aol.com
                      1 (800) 575-5521
              www.nelson-motivation.com


               Speaking & Consulting Services
               Resources, Articles & Assessments
               Best Product & Bulk Book Discounts
               Free Tip-of-the-Week Registration




                                                                                          14
HR Florida Conference                                       Class of 2011: What the Millennials Want
August 29, 2011                                                                     Dr. Bob Nelson



               Conference Special: 2 books for $15!




        www.nelson‐motivation.com or call 1‐800‐575‐5521




               Conference Special: 2 books for $15!




                                 +



                 Visit: www.ubuntuthebook.com
                       or call 1‐800‐575‐5521




       “   We are hard working and utilize tools to get 
           the job done. But we don't want to work 
           more than 40 hours a week, and we want to 
           wear clothes that are comfortable. We want 
           to be able to spice up the dull workday by 
           to be able to spice up the dull workday by
           listening to our iPods. If corporate America 

                                     ”
           doesn't like that, too bad.
                                      — Olivia
                                        A teenage blogger




                                                                                                 15
HR Florida Conference                                       Class of 2011: What the Millennials Want
August 29, 2011                                                                     Dr. Bob Nelson




       “ I hope Olivia and her generation are at least 
         somewhat successful in bringing about a better 
         working environment. The workday is dull, most 
         people do work too many hours, and suits and 

                                         ”
         ties really aren t very comfortable. 
         ties really aren't very comfortable

                                       — Tom Davenport
                                         HBR Blog Network




           Thank You!




                                                                                                 16

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Nelson hr florida millennials

  • 1. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson Class of 2011: What the  Millennials Want From You HR Florida SHRM presents with Bob Nelson, PhD Meet Bob Nelson, PhD  President, Nelson Motivation Inc.  Co-Founder, Recognition Professionals International  New York Times / Wall St. Journal Best-selling Author Dr. Bob! D B b! 1
  • 2. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson  Motivating the Millennials  The Millennials are Coming  Profile of the Millennials  Key Influences & Events  Millennial Work Attributes  Motivating the Millennials  Questions & Answers The Millennials Are Coming Generation Age % Workforce Traditionalists (67+) 4 Baby Boomers (47 - 66) 37 Generation X (27 - 46) 44 Millennials (18 - 26) 14 50 MM Gen Xers 44 MM Millennials are here; 70 MM Boomers retiring can’t replace them 46 MM more are coming “ 76% of younger workers plan to find a new job as the economy improves improves. ” — Harvard Business Review Fall issue, 2010 2
  • 3. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson Do You Know Me? MILLENNIAL MAN D.O.B. 1980-2000 Height As far as I think I can go Weight I matter and what I do matters Address Upscale, and wanting to move up Education The best in history Tools All the latest high-tech Connection Instant, variety of modes Other Optimistic, socially responsible 3
  • 4. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson The Millennials Speak The Millennials Speak Key Influences PARENTS  Loving, Sheltering  Helicoptering, Clinging  P Pressure to Learn, Succeed t L S d  No Limits, No Boundaries  Close Relationships (90%)  Congruent Values 4
  • 5. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson TECHNOLOGY  iAnything  Texting, IM  Facebook 75% have a profile on Facebook 44% read blogs 76% use instant messaging 5
  • 6. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson PEERS  Active in Teams Throughout Childhood  Constant Contact Via Cell Phone and IM  Peer Influence and Pressure Cultural Influences 6
  • 7. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson Events Shaping the Millennials 1991 1991 1999 1999 1999 - 2000 9/11/01 2008 2011  Millennial Work Attributes On Expectations 7
  • 8. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson On Expectations On Working Hours On Working Hours 8
  • 9. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson On Authority On Authority Millennial Work Attributes Upsides  Techno wizards  Quick Learners  Resourceful  Hardworking, high achieving Downsides  Inflated opinion of themselves  Overconfident, especially given limited experience  Need instant and ongoing feedback  Need to be challenged 9
  • 10. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson  What Millennials Want in a Job  What Millennials Want in a Job  Career Advancement Opportunities (55%)  Salary (52%)  Interesting & Challenging Work (42%)  Benefits (30%)  Training/Mentorship (27%) I Love Rewards Class of 2001 Survey  How to Motivate Millennials  Work Direction  Personal Development  Social Interaction  Feedback  Meaningful Rewards 10
  • 11. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson Work Direction  Keep them engaged  Give general structure to work within, but allow their imprint  Ask for and use their ideas Personal Development  Think long-term; connect them t the future th to th f t  Be a mentor & a coach  Provide opportunities to learn and grow Social Interactions  Allow team work assignments  Provide socializing opportunities 11
  • 12. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson Feedback  Provide frequent feedback based on their performance.  Provide context for how their contributions relate to the team, organization, customer and society.  Be transparent and authentic. Use a proven online rewards and recognition platform 12
  • 13. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson Use a proven online rewards and recognition platform Meaningful Rewards Creative Varied Personalized  How to Motivate Millennials  Keep Them Challenged  Personally Coach  Create Social Interactions  Frequent Feedback  Meaningful Rewards 13
  • 14. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson Questions? Bob Nelson, Ph.D. bobrewards@aol.com 1 (800) 575-5521 www.nelson-motivation.com  Speaking & Consulting Services  Resources, Articles & Assessments  Best Product & Bulk Book Discounts  Free Tip-of-the-Week Registration 14
  • 15. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson Conference Special: 2 books for $15! www.nelson‐motivation.com or call 1‐800‐575‐5521 Conference Special: 2 books for $15! + Visit: www.ubuntuthebook.com or call 1‐800‐575‐5521 “ We are hard working and utilize tools to get  the job done. But we don't want to work  more than 40 hours a week, and we want to  wear clothes that are comfortable. We want  to be able to spice up the dull workday by  to be able to spice up the dull workday by listening to our iPods. If corporate America  ” doesn't like that, too bad. — Olivia A teenage blogger 15
  • 16. HR Florida Conference Class of 2011: What the Millennials Want August 29, 2011 Dr. Bob Nelson “ I hope Olivia and her generation are at least  somewhat successful in bringing about a better  working environment. The workday is dull, most  people do work too many hours, and suits and  ” ties really aren t very comfortable.  ties really aren't very comfortable — Tom Davenport HBR Blog Network Thank You! 16