SlideShare una empresa de Scribd logo
1 de 16
Descargar para leer sin conexión
ATTRACTING
AND RETAINING THE
MILLENNIAL WORKFORCE
By Emily Buchholtz
Brand Strategist, Liquid Agency
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
2
By 2030, Millennials (ages 18-35) will make up 50% of the US
workforce — a fact particularly important for employers and
human resource leaders that know future success depends on
their ability to attract and retain the best young talent. They are
digitally connected, technologically savvy and excited to share
their opinions, beliefs and dreams — but what does all that
mean for their careers? And for the people who will hire them?
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
BUILDING A POSITIVE CULTURE NEEDS TO CONSIDER
THE NATURE OF MILLENNIALS.
A deep understanding of this generation and the key demographics and trends
that unite them is critical to keeping both business and company culture vital.
Understanding and engaging the millennial is a challenge for many businesses
today, which is why Liquid created a snapshot into the mindsets and priorities
of this important audience. In the infographic below you will find a quick
overview of who they are, what they value, how they connect with technology,
how they like to work — and what they believe and expect from themselves,
their communities and their employers.
3
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
PLEASE FEEL FREE TO DOWNLOAD AND SHARE
THIS INFOGRAPHIC WITH YOUR PEERS.
This SlideShare presentation as well as high resolution PDFs in vertical and
horizontal formats can be found on our blog.
4
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
I AM BUSY BECOMING WHO I AM.
I AM INDEPENDENT, ENTHUSIASTIC
AND I WANT MY VOICE TO BE HEARD!
50%
31%
of the US
population
of the US workforce
by 2030
VS.
are married
or partnered34%
have never
been married61%
Age Range:
18 - 35
DEMOGRAPHICS
Annual Buying Power:
$889.3 Billion
5
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
have 200+
Facebook
“friends”
46%
sleep with their
phones next to
their beds
80%
think technology
makes them
more efficient
56%
produce
and upload
online content
60%
CONNECTED TO TECHNOLOGY
6
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
FLEXIBLE WORKPLACE
ONLY29%
Millennials find work
meetings efficient
They preferFREQUENT,INFORMAL
dialogue to sporadic formal meetings
33% IN REAL TIME
want questions answered
40%
ACCEPTABLE
think blogging
about workplace
issues is
7
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
KEY MACRO TRENDS #1
CONTRIBUTE TO THE CULTURE VS.
CONFORM TO THE CULTURE
51% of millennials want interactive
channels that let them connect and
make a difference in brands
40% want to co-create with their
colleagues
They will be more likely to participate in
a culture that resonates with who they
are verse one that does not
8
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
KEY MACRO TRENDS #2
SMALL CHANGES VS.
MAJOR SACRIFICES
They want to settle down without settling
They want to balance living in the
moment with planning for the future
Millennials will make small lifestyle
changes before sacrificing their dreams
9
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
KEY MACRO TRENDS #3
FLEXIBILITY AND ACCESSIBILITY
OVER CORPORATE PROTOCOL
“Anytime, anywhere” mentality
They want to set their own goals
They care more about meaningful
experiences than climbing the
corporate ladder
They value flexibility over compensation
10
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
KEY MACRO TRENDS #4
THEY WANT TO DISCOVER &
SHARE EVERYTHING
The average Millennial sends 20
texts/day
86% of millennials are willing to
share information about their brand
preferences online
They appreciate ongoing opportunities to
share openly and collaborate frequently
11
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
HOW THESE TRENDS IMPACT
COMMUNICATION AROUND
HEALTHCARE, WELLNESS & FINANCE
12
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
70%
of millennials will
provide personal
information if it
means they'll get
BETTER SERVICE
A “one size fits all” approach is
NOT ACCEPTABLE in their lives
I need it to fit who I am.
Millennials have grown
up in a world of choice so
they expect the ability to
MAKE THINGS WORK
FOR THEM
If they cannot find what they need, they will use
their creativity, know-how, & resources to create
A BETTER
SOLUTION
UNIVERSAL
THEY VALUE CUSTOMIZATION OPTIONS OVER OUT OF THE BOX PACKAGES
13
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
THEY VIEW BENEFITS AS AN ENTITLEMENT VS. PERK
Millennials expect companies to
offer competitive benefits
packages + competitive salaries
Healthcare ranks
9/10 as most
important in overall
job satisfaction
They expect to
weigh options.
50% will carefully
evaluate their
benefits options
Millennials save &
invest more of
their income than
Gen X & Boomers
14
MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM
RECOGNITION
They are willing to
work hard if they
get the recognition
they want
AWARDS
52% want individual
awards for their
accomplishments
CALL OUTS
68% want to be
personally called
out for their
contributions
THEY APPRECIATE REWARDS & INCENTIVES
Sources: Iconoculture | PEW research studies | Society for Human Resources Management |
World Economic Forum’s Sustainable Consumption report | Department of Health and Human Services Health report
15
LIQUIDAGENCY.COM
Thank you !

Más contenido relacionado

La actualidad más candente

Digital Millennials: R U Ready
Digital Millennials: R U ReadyDigital Millennials: R U Ready
Digital Millennials: R U ReadyResource/Ammirati
 
The Millennials: Who are they? What do they want? Where are they going?
The Millennials: Who are they? What do they want? Where are they going?The Millennials: Who are they? What do they want? Where are they going?
The Millennials: Who are they? What do they want? Where are they going?Russ Josephs
 
Consumer behaviour of millennials
Consumer behaviour of millennialsConsumer behaviour of millennials
Consumer behaviour of millennialstanya gambhir
 
27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, ...
27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, ...27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, ...
27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, ...Ryan Jenkins
 
WFA 2017 - Marketing to Millennials
WFA 2017 - Marketing to MillennialsWFA 2017 - Marketing to Millennials
WFA 2017 - Marketing to MillennialsSaffire
 
DEMYSTIFYING GEN Y OR 5 THINGS YOU NEED TO KNOW TO UNDERSTAND AND LEAD MILLEN...
DEMYSTIFYING GEN Y OR 5 THINGS YOU NEED TO KNOW TO UNDERSTAND AND LEAD MILLEN...DEMYSTIFYING GEN Y OR 5 THINGS YOU NEED TO KNOW TO UNDERSTAND AND LEAD MILLEN...
DEMYSTIFYING GEN Y OR 5 THINGS YOU NEED TO KNOW TO UNDERSTAND AND LEAD MILLEN...Year of the X
 
The Millennial Era of Work
The Millennial Era of WorkThe Millennial Era of Work
The Millennial Era of WorkLogMeIn
 
8095 Refreshed
8095 Refreshed 8095 Refreshed
8095 Refreshed Edelman
 
10 trends for 2015 presentation
10 trends for 2015 presentation10 trends for 2015 presentation
10 trends for 2015 presentationalexcwood
 
Linked inmillennialplaybook2016
Linked inmillennialplaybook2016Linked inmillennialplaybook2016
Linked inmillennialplaybook2016DrewODonnell
 
Marketing to Millenials (ComScore)
Marketing to Millenials (ComScore)Marketing to Millenials (ComScore)
Marketing to Millenials (ComScore)Isabel Maria
 
Generation Why
Generation WhyGeneration Why
Generation Whyckaupert
 
Social@Ogilvy on Millennials, the New Age Heroes
Social@Ogilvy on Millennials, the New Age Heroes Social@Ogilvy on Millennials, the New Age Heroes
Social@Ogilvy on Millennials, the New Age Heroes Synergia
 
Live Webinar: Winning Affluent Millennials
Live Webinar: Winning Affluent MillennialsLive Webinar: Winning Affluent Millennials
Live Webinar: Winning Affluent MillennialsLinkedIn
 
Marketing to Generation Z
Marketing to Generation ZMarketing to Generation Z
Marketing to Generation ZHavas People
 

La actualidad más candente (20)

Digital Millennials: R U Ready
Digital Millennials: R U ReadyDigital Millennials: R U Ready
Digital Millennials: R U Ready
 
The State of Millennials
The State of MillennialsThe State of Millennials
The State of Millennials
 
The Millennials: Who are they? What do they want? Where are they going?
The Millennials: Who are they? What do they want? Where are they going?The Millennials: Who are they? What do they want? Where are they going?
The Millennials: Who are they? What do they want? Where are they going?
 
Consumer behaviour of millennials
Consumer behaviour of millennialsConsumer behaviour of millennials
Consumer behaviour of millennials
 
Ready or Not, The Workforce is Changing! Are You Prepared?
Ready or Not, The Workforce is Changing! Are You Prepared?Ready or Not, The Workforce is Changing! Are You Prepared?
Ready or Not, The Workforce is Changing! Are You Prepared?
 
27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, ...
27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, ...27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, ...
27 Stunning Millennial Stats About Our Future Employees, Leaders, Consumers, ...
 
WFA 2017 - Marketing to Millennials
WFA 2017 - Marketing to MillennialsWFA 2017 - Marketing to Millennials
WFA 2017 - Marketing to Millennials
 
DEMYSTIFYING GEN Y OR 5 THINGS YOU NEED TO KNOW TO UNDERSTAND AND LEAD MILLEN...
DEMYSTIFYING GEN Y OR 5 THINGS YOU NEED TO KNOW TO UNDERSTAND AND LEAD MILLEN...DEMYSTIFYING GEN Y OR 5 THINGS YOU NEED TO KNOW TO UNDERSTAND AND LEAD MILLEN...
DEMYSTIFYING GEN Y OR 5 THINGS YOU NEED TO KNOW TO UNDERSTAND AND LEAD MILLEN...
 
The Millennial Era of Work
The Millennial Era of WorkThe Millennial Era of Work
The Millennial Era of Work
 
Marketing to millenials
Marketing to millenialsMarketing to millenials
Marketing to millenials
 
Generation z
Generation zGeneration z
Generation z
 
8095 Refreshed
8095 Refreshed 8095 Refreshed
8095 Refreshed
 
10 trends for 2015 presentation
10 trends for 2015 presentation10 trends for 2015 presentation
10 trends for 2015 presentation
 
Linked inmillennialplaybook2016
Linked inmillennialplaybook2016Linked inmillennialplaybook2016
Linked inmillennialplaybook2016
 
Marketing to Millenials (ComScore)
Marketing to Millenials (ComScore)Marketing to Millenials (ComScore)
Marketing to Millenials (ComScore)
 
Born This Way: Millennial Loyalty Survey
Born This Way: Millennial Loyalty Survey Born This Way: Millennial Loyalty Survey
Born This Way: Millennial Loyalty Survey
 
Generation Why
Generation WhyGeneration Why
Generation Why
 
Social@Ogilvy on Millennials, the New Age Heroes
Social@Ogilvy on Millennials, the New Age Heroes Social@Ogilvy on Millennials, the New Age Heroes
Social@Ogilvy on Millennials, the New Age Heroes
 
Live Webinar: Winning Affluent Millennials
Live Webinar: Winning Affluent MillennialsLive Webinar: Winning Affluent Millennials
Live Webinar: Winning Affluent Millennials
 
Marketing to Generation Z
Marketing to Generation ZMarketing to Generation Z
Marketing to Generation Z
 

Destacado

Why should I care about the Minimum Viable Product (MVP)
Why should  I care about the Minimum Viable Product  (MVP)Why should  I care about the Minimum Viable Product  (MVP)
Why should I care about the Minimum Viable Product (MVP)Nektarios Sylligardakis
 
Kick feb28 at Spring Accelorator
Kick feb28 at Spring AcceloratorKick feb28 at Spring Accelorator
Kick feb28 at Spring AcceloratorMeena Sandhu
 
How to get your Minimum Viable Product (MVP)
How to get your Minimum Viable Product (MVP)How to get your Minimum Viable Product (MVP)
How to get your Minimum Viable Product (MVP)Lesley Robinson
 
Crash Course: Growth Hacking Your Customer Acquisition
Crash Course: Growth Hacking Your Customer AcquisitionCrash Course: Growth Hacking Your Customer Acquisition
Crash Course: Growth Hacking Your Customer AcquisitionLesley Robinson
 
Our Minimum Viable Product (MVP) - Who says you can't fix ugly?
Our Minimum Viable Product (MVP) - Who says you can't fix ugly?Our Minimum Viable Product (MVP) - Who says you can't fix ugly?
Our Minimum Viable Product (MVP) - Who says you can't fix ugly?Danny Boice
 
The Minimum Viable Product - Planning The Minimum for The Maximum
The Minimum Viable Product - Planning The Minimum for The MaximumThe Minimum Viable Product - Planning The Minimum for The Maximum
The Minimum Viable Product - Planning The Minimum for The MaximumAyman Basheer (BRANDA)
 
Content to Conversion: How to use content marketing to build your business
Content to Conversion: How to use content marketing to build your businessContent to Conversion: How to use content marketing to build your business
Content to Conversion: How to use content marketing to build your businessLesley Robinson
 
MVP - What is Minimum Viable Product really
MVP - What is Minimum Viable Product reallyMVP - What is Minimum Viable Product really
MVP - What is Minimum Viable Product reallyMagne Gåsland
 
Insights and Data: How to engage and recruit the perfect candidate via social...
Insights and Data: How to engage and recruit the perfect candidate via social...Insights and Data: How to engage and recruit the perfect candidate via social...
Insights and Data: How to engage and recruit the perfect candidate via social...LinkedIn Talent Solutions
 
The What, Why & How of the Minimum Viable Product (MVP)
The What, Why & How of the Minimum Viable Product (MVP)The What, Why & How of the Minimum Viable Product (MVP)
The What, Why & How of the Minimum Viable Product (MVP)Matter Solutions
 
Minimum Viable Product
Minimum Viable ProductMinimum Viable Product
Minimum Viable ProductJustin Foell
 
what stage r u in?
what stage r u in?what stage r u in?
what stage r u in?Shuyang Zhou
 
MVP - Minimum Viable Product
MVP - Minimum Viable ProductMVP - Minimum Viable Product
MVP - Minimum Viable ProductBarry Doctor
 
Copy of Minimum Viable Presentation
Copy of Minimum Viable PresentationCopy of Minimum Viable Presentation
Copy of Minimum Viable PresentationDaniel Gao
 
Recruitment Marketing and Millennials: Branding Your Company as the Employer ...
Recruitment Marketing and Millennials: Branding Your Company as the Employer ...Recruitment Marketing and Millennials: Branding Your Company as the Employer ...
Recruitment Marketing and Millennials: Branding Your Company as the Employer ...ShipStation
 
Mockup & wireframe creation and validation
Mockup & wireframe creation and validationMockup & wireframe creation and validation
Mockup & wireframe creation and validationPol Valls Soler
 

Destacado (20)

Why should I care about the Minimum Viable Product (MVP)
Why should  I care about the Minimum Viable Product  (MVP)Why should  I care about the Minimum Viable Product  (MVP)
Why should I care about the Minimum Viable Product (MVP)
 
Kick feb28 at Spring Accelorator
Kick feb28 at Spring AcceloratorKick feb28 at Spring Accelorator
Kick feb28 at Spring Accelorator
 
How to get your Minimum Viable Product (MVP)
How to get your Minimum Viable Product (MVP)How to get your Minimum Viable Product (MVP)
How to get your Minimum Viable Product (MVP)
 
BFBM(1-2016) Startup with mvp
 BFBM(1-2016) Startup with mvp BFBM(1-2016) Startup with mvp
BFBM(1-2016) Startup with mvp
 
Measuring What Matters
Measuring What MattersMeasuring What Matters
Measuring What Matters
 
Crash Course: Growth Hacking Your Customer Acquisition
Crash Course: Growth Hacking Your Customer AcquisitionCrash Course: Growth Hacking Your Customer Acquisition
Crash Course: Growth Hacking Your Customer Acquisition
 
Our Minimum Viable Product (MVP) - Who says you can't fix ugly?
Our Minimum Viable Product (MVP) - Who says you can't fix ugly?Our Minimum Viable Product (MVP) - Who says you can't fix ugly?
Our Minimum Viable Product (MVP) - Who says you can't fix ugly?
 
The Minimum Viable Product - Planning The Minimum for The Maximum
The Minimum Viable Product - Planning The Minimum for The MaximumThe Minimum Viable Product - Planning The Minimum for The Maximum
The Minimum Viable Product - Planning The Minimum for The Maximum
 
Content to Conversion: How to use content marketing to build your business
Content to Conversion: How to use content marketing to build your businessContent to Conversion: How to use content marketing to build your business
Content to Conversion: How to use content marketing to build your business
 
MVP - What is Minimum Viable Product really
MVP - What is Minimum Viable Product reallyMVP - What is Minimum Viable Product really
MVP - What is Minimum Viable Product really
 
MVP
MVPMVP
MVP
 
Insights and Data: How to engage and recruit the perfect candidate via social...
Insights and Data: How to engage and recruit the perfect candidate via social...Insights and Data: How to engage and recruit the perfect candidate via social...
Insights and Data: How to engage and recruit the perfect candidate via social...
 
The What, Why & How of the Minimum Viable Product (MVP)
The What, Why & How of the Minimum Viable Product (MVP)The What, Why & How of the Minimum Viable Product (MVP)
The What, Why & How of the Minimum Viable Product (MVP)
 
Minimum Viable Product
Minimum Viable ProductMinimum Viable Product
Minimum Viable Product
 
what stage r u in?
what stage r u in?what stage r u in?
what stage r u in?
 
Building an MVP
Building an MVPBuilding an MVP
Building an MVP
 
MVP - Minimum Viable Product
MVP - Minimum Viable ProductMVP - Minimum Viable Product
MVP - Minimum Viable Product
 
Copy of Minimum Viable Presentation
Copy of Minimum Viable PresentationCopy of Minimum Viable Presentation
Copy of Minimum Viable Presentation
 
Recruitment Marketing and Millennials: Branding Your Company as the Employer ...
Recruitment Marketing and Millennials: Branding Your Company as the Employer ...Recruitment Marketing and Millennials: Branding Your Company as the Employer ...
Recruitment Marketing and Millennials: Branding Your Company as the Employer ...
 
Mockup & wireframe creation and validation
Mockup & wireframe creation and validationMockup & wireframe creation and validation
Mockup & wireframe creation and validation
 

Similar a The Millennial Workforce

Who are the Millennials?
Who are the Millennials?Who are the Millennials?
Who are the Millennials?Sherry
 
How-to-Win-Over-Millennials
How-to-Win-Over-MillennialsHow-to-Win-Over-Millennials
How-to-Win-Over-MillennialsMarie Ruzzo
 
Influencer Marketing : Where Women Rule
Influencer Marketing : Where Women RuleInfluencer Marketing : Where Women Rule
Influencer Marketing : Where Women RuleLinqia
 
Project: Now The News
Project: Now The NewsProject: Now The News
Project: Now The NewsRoman Sierra
 
Millennials: The Loyal Generation
Millennials: The Loyal GenerationMillennials: The Loyal Generation
Millennials: The Loyal GenerationShawnah Sheehy
 
CARE Oklahoma Press Kit v.1
CARE Oklahoma Press Kit v.1CARE Oklahoma Press Kit v.1
CARE Oklahoma Press Kit v.1Callie Jones
 
Millennial segmentation research
Millennial segmentation researchMillennial segmentation research
Millennial segmentation researchEarnestine Benford
 
Advertising Future Spark Vietnam till 2025
Advertising Future Spark Vietnam till 2025Advertising Future Spark Vietnam till 2025
Advertising Future Spark Vietnam till 2025MONTE (Delys)
 
The Millennial Generation: Who They Are & Why You Need Them
The Millennial Generation: Who They Are & Why You Need ThemThe Millennial Generation: Who They Are & Why You Need Them
The Millennial Generation: Who They Are & Why You Need ThemMorgan Smith
 
Young Women: Consumption
Young Women: ConsumptionYoung Women: Consumption
Young Women: ConsumptionLHBS
 
Intrepid Millennial Explorers: Changing The Face Of Modern Consumerism (Resea...
Intrepid Millennial Explorers: Changing The Face Of Modern Consumerism (Resea...Intrepid Millennial Explorers: Changing The Face Of Modern Consumerism (Resea...
Intrepid Millennial Explorers: Changing The Face Of Modern Consumerism (Resea...Influence Central
 
Baby Boomers: that sweet spot marketing demographic in the middle of all the ...
Baby Boomers: that sweet spot marketing demographic in the middle of all the ...Baby Boomers: that sweet spot marketing demographic in the middle of all the ...
Baby Boomers: that sweet spot marketing demographic in the middle of all the ...BOOMbox Network, Inc.
 
Baby Boomers: The sweet-spot demographic in the middle of the action
Baby Boomers: The sweet-spot demographic in the middle of the actionBaby Boomers: The sweet-spot demographic in the middle of the action
Baby Boomers: The sweet-spot demographic in the middle of the actionBOOMbox Network
 
Role of Millennials and their Impact on Reputation Management
Role of Millennials and their Impact on Reputation ManagementRole of Millennials and their Impact on Reputation Management
Role of Millennials and their Impact on Reputation ManagementMSL
 
The 2020 LBM Report
The 2020 LBM Report The 2020 LBM Report
The 2020 LBM Report 21 Handshake
 
A Marketer's Guide to Millenials
A Marketer's Guide to MillenialsA Marketer's Guide to Millenials
A Marketer's Guide to MillenialsFresh Digital Group
 
A Marketer's Guide to Millenials
A Marketer's Guide to MillenialsA Marketer's Guide to Millenials
A Marketer's Guide to MillenialsDoug Robinson
 

Similar a The Millennial Workforce (20)

Banking on the Millennial Experience
Banking on the Millennial ExperienceBanking on the Millennial Experience
Banking on the Millennial Experience
 
Who are the Millennials?
Who are the Millennials?Who are the Millennials?
Who are the Millennials?
 
How-to-Win-Over-Millennials
How-to-Win-Over-MillennialsHow-to-Win-Over-Millennials
How-to-Win-Over-Millennials
 
Marketing To MIllennials
Marketing To MIllennialsMarketing To MIllennials
Marketing To MIllennials
 
Influencer Marketing : Where Women Rule
Influencer Marketing : Where Women RuleInfluencer Marketing : Where Women Rule
Influencer Marketing : Where Women Rule
 
Project: Now The News
Project: Now The NewsProject: Now The News
Project: Now The News
 
Millennials: The Loyal Generation
Millennials: The Loyal GenerationMillennials: The Loyal Generation
Millennials: The Loyal Generation
 
CARE Oklahoma Press Kit v.1
CARE Oklahoma Press Kit v.1CARE Oklahoma Press Kit v.1
CARE Oklahoma Press Kit v.1
 
Millennial segmentation research
Millennial segmentation researchMillennial segmentation research
Millennial segmentation research
 
Advertising Future Spark Vietnam till 2025
Advertising Future Spark Vietnam till 2025Advertising Future Spark Vietnam till 2025
Advertising Future Spark Vietnam till 2025
 
The Millennial Generation: Who They Are & Why You Need Them
The Millennial Generation: Who They Are & Why You Need ThemThe Millennial Generation: Who They Are & Why You Need Them
The Millennial Generation: Who They Are & Why You Need Them
 
Young Women: Consumption
Young Women: ConsumptionYoung Women: Consumption
Young Women: Consumption
 
Intrepid Millennial Explorers: Changing The Face Of Modern Consumerism (Resea...
Intrepid Millennial Explorers: Changing The Face Of Modern Consumerism (Resea...Intrepid Millennial Explorers: Changing The Face Of Modern Consumerism (Resea...
Intrepid Millennial Explorers: Changing The Face Of Modern Consumerism (Resea...
 
Baby Boomers: that sweet spot marketing demographic in the middle of all the ...
Baby Boomers: that sweet spot marketing demographic in the middle of all the ...Baby Boomers: that sweet spot marketing demographic in the middle of all the ...
Baby Boomers: that sweet spot marketing demographic in the middle of all the ...
 
Baby Boomers: The sweet-spot demographic in the middle of the action
Baby Boomers: The sweet-spot demographic in the middle of the actionBaby Boomers: The sweet-spot demographic in the middle of the action
Baby Boomers: The sweet-spot demographic in the middle of the action
 
Top 10 Trends of 2016
Top 10 Trends of 2016Top 10 Trends of 2016
Top 10 Trends of 2016
 
Role of Millennials and their Impact on Reputation Management
Role of Millennials and their Impact on Reputation ManagementRole of Millennials and their Impact on Reputation Management
Role of Millennials and their Impact on Reputation Management
 
The 2020 LBM Report
The 2020 LBM Report The 2020 LBM Report
The 2020 LBM Report
 
A Marketer's Guide to Millenials
A Marketer's Guide to MillenialsA Marketer's Guide to Millenials
A Marketer's Guide to Millenials
 
A Marketer's Guide to Millenials
A Marketer's Guide to MillenialsA Marketer's Guide to Millenials
A Marketer's Guide to Millenials
 

Más de Liquid Agency

The World Cup: A Graphic History
The World Cup: A Graphic HistoryThe World Cup: A Graphic History
The World Cup: A Graphic HistoryLiquid Agency
 
10 Ways to Jumpstart Creativity
10 Ways to Jumpstart Creativity10 Ways to Jumpstart Creativity
10 Ways to Jumpstart CreativityLiquid Agency
 
Innovation by Design exhibition catalog
Innovation by Design exhibition catalogInnovation by Design exhibition catalog
Innovation by Design exhibition catalogLiquid Agency
 
Whitepaper: The future of retail.
Whitepaper: The future of retail. Whitepaper: The future of retail.
Whitepaper: The future of retail. Liquid Agency
 
Steal This Idea: Brand Illustrated
Steal This Idea: Brand IllustratedSteal This Idea: Brand Illustrated
Steal This Idea: Brand IllustratedLiquid Agency
 
Steal this Idea: Brand Extension
Steal this Idea: Brand ExtensionSteal this Idea: Brand Extension
Steal this Idea: Brand ExtensionLiquid Agency
 
The Dictionary of Brand by Marty Neumeier
The Dictionary of Brand by Marty NeumeierThe Dictionary of Brand by Marty Neumeier
The Dictionary of Brand by Marty NeumeierLiquid Agency
 
Steal This Idea: Scissors, Paper, Rock
Steal This Idea: Scissors, Paper, RockSteal This Idea: Scissors, Paper, Rock
Steal This Idea: Scissors, Paper, RockLiquid Agency
 
Steal This Idea: Brand Messaging
Steal This Idea: Brand Messaging Steal This Idea: Brand Messaging
Steal This Idea: Brand Messaging Liquid Agency
 
Steal This Idea: The 6 Naming Styles
Steal This Idea: The 6 Naming StylesSteal This Idea: The 6 Naming Styles
Steal This Idea: The 6 Naming StylesLiquid Agency
 
Get to know Chile: Issue 6
Get to know Chile: Issue 6Get to know Chile: Issue 6
Get to know Chile: Issue 6Liquid Agency
 
Get to know Chile: Issue 5
Get to know Chile: Issue 5Get to know Chile: Issue 5
Get to know Chile: Issue 5Liquid Agency
 
Get to know Chile: Issue 4
Get to know Chile: Issue 4Get to know Chile: Issue 4
Get to know Chile: Issue 4Liquid Agency
 
Get to Know Chile Issue 3
Get to Know Chile Issue 3Get to Know Chile Issue 3
Get to Know Chile Issue 3Liquid Agency
 
Get to Know Chile Issue 2
Get to Know Chile Issue 2Get to Know Chile Issue 2
Get to Know Chile Issue 2Liquid Agency
 
Get to Know Chile Issue 1
Get to Know Chile Issue 1Get to Know Chile Issue 1
Get to Know Chile Issue 1Liquid Agency
 
Steal This Idea: Ladder of Design Leverage
Steal This Idea: Ladder of Design Leverage Steal This Idea: Ladder of Design Leverage
Steal This Idea: Ladder of Design Leverage Liquid Agency
 
Steal This Idea: Organic Drivetrain / By Marty Neumeier
Steal This Idea: Organic Drivetrain / By Marty NeumeierSteal This Idea: Organic Drivetrain / By Marty Neumeier
Steal This Idea: Organic Drivetrain / By Marty NeumeierLiquid Agency
 

Más de Liquid Agency (20)

More! More! More!
More! More! More!More! More! More!
More! More! More!
 
The World Cup: A Graphic History
The World Cup: A Graphic HistoryThe World Cup: A Graphic History
The World Cup: A Graphic History
 
10 Ways to Jumpstart Creativity
10 Ways to Jumpstart Creativity10 Ways to Jumpstart Creativity
10 Ways to Jumpstart Creativity
 
Innovation by Design exhibition catalog
Innovation by Design exhibition catalogInnovation by Design exhibition catalog
Innovation by Design exhibition catalog
 
Whitepaper: The future of retail.
Whitepaper: The future of retail. Whitepaper: The future of retail.
Whitepaper: The future of retail.
 
Steal This Idea: Brand Illustrated
Steal This Idea: Brand IllustratedSteal This Idea: Brand Illustrated
Steal This Idea: Brand Illustrated
 
Steal this Idea: Brand Extension
Steal this Idea: Brand ExtensionSteal this Idea: Brand Extension
Steal this Idea: Brand Extension
 
The Dictionary of Brand by Marty Neumeier
The Dictionary of Brand by Marty NeumeierThe Dictionary of Brand by Marty Neumeier
The Dictionary of Brand by Marty Neumeier
 
Steal This Idea: Scissors, Paper, Rock
Steal This Idea: Scissors, Paper, RockSteal This Idea: Scissors, Paper, Rock
Steal This Idea: Scissors, Paper, Rock
 
Steal This Idea: Brand Messaging
Steal This Idea: Brand Messaging Steal This Idea: Brand Messaging
Steal This Idea: Brand Messaging
 
Steal This Idea: The 6 Naming Styles
Steal This Idea: The 6 Naming StylesSteal This Idea: The 6 Naming Styles
Steal This Idea: The 6 Naming Styles
 
Get to know Chile: Issue 6
Get to know Chile: Issue 6Get to know Chile: Issue 6
Get to know Chile: Issue 6
 
Get to know Chile: Issue 5
Get to know Chile: Issue 5Get to know Chile: Issue 5
Get to know Chile: Issue 5
 
Get to know Chile: Issue 4
Get to know Chile: Issue 4Get to know Chile: Issue 4
Get to know Chile: Issue 4
 
Get to Know Chile Issue 3
Get to Know Chile Issue 3Get to Know Chile Issue 3
Get to Know Chile Issue 3
 
Get to Know Chile Issue 2
Get to Know Chile Issue 2Get to Know Chile Issue 2
Get to Know Chile Issue 2
 
Get to Know Chile Issue 1
Get to Know Chile Issue 1Get to Know Chile Issue 1
Get to Know Chile Issue 1
 
Steal This Idea: Ladder of Design Leverage
Steal This Idea: Ladder of Design Leverage Steal This Idea: Ladder of Design Leverage
Steal This Idea: Ladder of Design Leverage
 
Steal This Idea: Organic Drivetrain / By Marty Neumeier
Steal This Idea: Organic Drivetrain / By Marty NeumeierSteal This Idea: Organic Drivetrain / By Marty Neumeier
Steal This Idea: Organic Drivetrain / By Marty Neumeier
 
Get to know Chile
Get to know ChileGet to know Chile
Get to know Chile
 

Último

Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifeBhavana Pujan Kendra
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...Operational Excellence Consulting
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdfMintel Group
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration TrainingCalvinarnold843
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdfChris Skinner
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
 
MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024Chandresh Chudasama
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Jiastral oracle
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOne Monitar
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesDoe Paoro
 
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfDarshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfShashank Mehta
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextP&CO
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreNZSG
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfJamesConcepcion7
 
Types of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdfTypes of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdfASGITConsulting
 

Último (20)

Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in Life
 
Toyota and Seven Parts Storage Techniques
Toyota and Seven Parts Storage TechniquesToyota and Seven Parts Storage Techniques
Toyota and Seven Parts Storage Techniques
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration Training
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
 
MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors Data
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic Experiences
 
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfDarshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider context
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource Centre
 
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptxThe Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdf
 
Types of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdfTypes of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdf
 

The Millennial Workforce

  • 1. ATTRACTING AND RETAINING THE MILLENNIAL WORKFORCE By Emily Buchholtz Brand Strategist, Liquid Agency
  • 2. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM 2 By 2030, Millennials (ages 18-35) will make up 50% of the US workforce — a fact particularly important for employers and human resource leaders that know future success depends on their ability to attract and retain the best young talent. They are digitally connected, technologically savvy and excited to share their opinions, beliefs and dreams — but what does all that mean for their careers? And for the people who will hire them?
  • 3. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM BUILDING A POSITIVE CULTURE NEEDS TO CONSIDER THE NATURE OF MILLENNIALS. A deep understanding of this generation and the key demographics and trends that unite them is critical to keeping both business and company culture vital. Understanding and engaging the millennial is a challenge for many businesses today, which is why Liquid created a snapshot into the mindsets and priorities of this important audience. In the infographic below you will find a quick overview of who they are, what they value, how they connect with technology, how they like to work — and what they believe and expect from themselves, their communities and their employers. 3
  • 4. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM PLEASE FEEL FREE TO DOWNLOAD AND SHARE THIS INFOGRAPHIC WITH YOUR PEERS. This SlideShare presentation as well as high resolution PDFs in vertical and horizontal formats can be found on our blog. 4
  • 5. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM I AM BUSY BECOMING WHO I AM. I AM INDEPENDENT, ENTHUSIASTIC AND I WANT MY VOICE TO BE HEARD! 50% 31% of the US population of the US workforce by 2030 VS. are married or partnered34% have never been married61% Age Range: 18 - 35 DEMOGRAPHICS Annual Buying Power: $889.3 Billion 5
  • 6. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM have 200+ Facebook “friends” 46% sleep with their phones next to their beds 80% think technology makes them more efficient 56% produce and upload online content 60% CONNECTED TO TECHNOLOGY 6
  • 7. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM FLEXIBLE WORKPLACE ONLY29% Millennials find work meetings efficient They preferFREQUENT,INFORMAL dialogue to sporadic formal meetings 33% IN REAL TIME want questions answered 40% ACCEPTABLE think blogging about workplace issues is 7
  • 8. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM KEY MACRO TRENDS #1 CONTRIBUTE TO THE CULTURE VS. CONFORM TO THE CULTURE 51% of millennials want interactive channels that let them connect and make a difference in brands 40% want to co-create with their colleagues They will be more likely to participate in a culture that resonates with who they are verse one that does not 8
  • 9. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM KEY MACRO TRENDS #2 SMALL CHANGES VS. MAJOR SACRIFICES They want to settle down without settling They want to balance living in the moment with planning for the future Millennials will make small lifestyle changes before sacrificing their dreams 9
  • 10. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM KEY MACRO TRENDS #3 FLEXIBILITY AND ACCESSIBILITY OVER CORPORATE PROTOCOL “Anytime, anywhere” mentality They want to set their own goals They care more about meaningful experiences than climbing the corporate ladder They value flexibility over compensation 10
  • 11. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM KEY MACRO TRENDS #4 THEY WANT TO DISCOVER & SHARE EVERYTHING The average Millennial sends 20 texts/day 86% of millennials are willing to share information about their brand preferences online They appreciate ongoing opportunities to share openly and collaborate frequently 11
  • 12. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM HOW THESE TRENDS IMPACT COMMUNICATION AROUND HEALTHCARE, WELLNESS & FINANCE 12
  • 13. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM 70% of millennials will provide personal information if it means they'll get BETTER SERVICE A “one size fits all” approach is NOT ACCEPTABLE in their lives I need it to fit who I am. Millennials have grown up in a world of choice so they expect the ability to MAKE THINGS WORK FOR THEM If they cannot find what they need, they will use their creativity, know-how, & resources to create A BETTER SOLUTION UNIVERSAL THEY VALUE CUSTOMIZATION OPTIONS OVER OUT OF THE BOX PACKAGES 13
  • 14. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM THEY VIEW BENEFITS AS AN ENTITLEMENT VS. PERK Millennials expect companies to offer competitive benefits packages + competitive salaries Healthcare ranks 9/10 as most important in overall job satisfaction They expect to weigh options. 50% will carefully evaluate their benefits options Millennials save & invest more of their income than Gen X & Boomers 14
  • 15. MILLENNIAL SNAPSHOTLIQUIDAGENCY.COM RECOGNITION They are willing to work hard if they get the recognition they want AWARDS 52% want individual awards for their accomplishments CALL OUTS 68% want to be personally called out for their contributions THEY APPRECIATE REWARDS & INCENTIVES Sources: Iconoculture | PEW research studies | Society for Human Resources Management | World Economic Forum’s Sustainable Consumption report | Department of Health and Human Services Health report 15