Millennial Workforce and Workplace: An Analysis of Values and Trends

This report delves into the changing dynamics of the workplace, particularly focusing on the influence of the millennial workforce. It highlights the importance of aligning company values with those of the employees, emphasizing that a significant percentage of millennials prioritize companies that share their values. The report discusses the significance of corporate social responsibility, sustainability, and equality in attracting and retaining millennial employees. Furthermore, it explores how fostering a sense of purpose, providing growth opportunities, and creating a cohesive team environment can enhance employee motivation and productivity. The report underscores the need for organizations to understand the millennial mindset and align their goals with the aspirations of this generation, ultimately suggesting that companies must create a workplace that values both individual contributions and societal impact to thrive in the modern era.

Paraphrasing
According to a survey by PwC, 88 per cent of millennials have a desire to work for a
company which has culture and values resembling their own. In continuation, 86% of
millennials are of the opinion that they prefer leaving a company whose corporate
responsibilities are unable to meet their desires. This research reflects upon young millennials
who are seeking a sense of personal accomplishment in career. Such individuals are
redeveloping the workplace so that employers take measures to tackle issues like gender
diversity, sustainability and equality. Also, it has been noticed that personnel working in an
organisation with well defined goals perform upto three times more productively than the
average workforce. When employees know that they are an important part of an organisation
and their contribution significantly impacts performance of organisation, they perform with
zeal. Millennials are more focussed upon working in an environment where they have growth
opportunities. Thus, it is imperative for entities to gain an understanding of their thinking and
focus upon encouraging a goal-oriented attitude within the organisation in addition to being
socially ethical in industry. Creation of feeling of cohesion among team members and a sense
of being towards organisation can drive the empowered millennial workforce towards
working in a desirable manner at workplace. To motivate employees, it is necessary that
organisation ensures understanding of vision of company to workforce and aligns their
behaviour towards accomplishment of goals. Owners and shareholders expect returns. But a
person would be deemed to be a powerful motivator if employees go to office recognising
that their time and effort is utilised for a socially good cause.