2017 is another year that will witness the last batches of baby boomers bidding farewell to their workplace and more clusters of younger millennials will pave their way into the employment pool. This implies that the generation gap in the workforce is now undergoing a downward decline. As more batches of generations X and Y are employed into various capacities, the change in approaches and aptitudes towards work will further strengthen and enhance the paradigm shift at workplace and demand some essential improvisations in prevalent workforce management procedures.
Millennials can be easily distinguished from their predecessors, the baby boomers. This is not just about their ages or the eras they hail from, but, their distinct outlook and approaches to work. Millennials are energetic, goal-driven and go-getter employees with an immense capability to multi-task, pursue challenges and have a definite plan about where they are heading in their professional life. Furthermore, they tend to become a part of large groups while maintaining their individuality and seek challenging roles that demand leadership, authority, and instant decision making.
Keeping these factors as the key parameters for policy making, the organization will be in a better position to manage the transition of generations and ensure that the changing paradigms turn out favorable for the organization.
Managing Millennials at Workplace
The present era belongs to millennials who will make up a major proportion of the workforce for coming decades. Organizations worldwide have already started taking measures to modify their operational designs as per the changing needs of time, to create a favorable workplace culture and environment for the organization. Here’s how human resource management can manage this generation shift in the present age scenario by incorporating certain measures in their basic SOPs:
Foster Team Working and Multiple Specializations
Millennials thrive while working in teams and strive to give their best when employed in competitive positions. In addition to that, they like to learn new skills and extend their forte. Organizations can take advantage of their penchant for learning and growth and by devising certain plans that allow them to test their mettle and enhance their expertise in multiple domains.
Invest in Technology
With the influx of generation X and Y into the workforce pool, manual methods of workforce management will lose their efficacy. It is about time organizations automate their workforce management procedures, through tech-oriented systems such as biometric time and attendance system and smart workforce management tools.
Introduce an Instant System of Communication
The annual and semi-annual systems of performance reviews won’t work anymore with the millennials, who like to receive more instant and frequent feedbacks on their work. It is essential for organizations to tie their workforce into a fluent loop of communication and maintain an instant feedback and response mechanism.
Incorporate Flexibility in Job Designs
With more millennials becoming a part of the workforce, it will eventually become more difficult for the organizations to run their workforce management operations based on the same old stringent patterns. Allowing flexibility in job designs through cloud-based working portals will keep the millennials committed, responsible and motivated towards their work.