Millennial Workforce more Flexible and Not Selfish, Says a Survey
Millennial have been tagged the "me" generation of the workforce by many researches. They want flexibility in work, a meeting of professional and personal life and a quick jump to the top. But a new study released Wednesday, by real-estate firm Coldwell Banker Commercial says that the "millennials are the most flexible generation in today's workforce."
The survey of more than 2000 adults in the United States revealed that out of the whole workforce including the Baby Boomers and Gen X , the millennials were accommodating about office layout, the length of their daily commute, their willingness to forgo working from home and their ability to work remotely from mobile devices.
"Where and how people work is changing. The Millennial generation and shifting economy are a big part of that. It's important for commercial real estate professionals to understand these trends and be able to provide solutions for today's evolving marketplace," said Fred Schmidt, president and chief operating officer of Coldwell Banker Commercial Affiliates in a press statement.
Here are some figures from the survey that might surprise you. Almost 55 percent millennials prefer working in an open plan office rather than cubicles or closed offices.
More millennials prefer working in office rather than at home- 67 percent. Compare that to Gen X (77 percent)and Baby boomers (71 percent).
They even do not mind a long commute to office.
The survey was conducted in July by Harris Poll and sex age, race , religion and income were factored in where necessary. Propensity score weighting was also used to adjust for respondents' propensity to be online.
There are many other studies that indicate the reverse of what this survey throws up. Last year, a survey by PwC found that 41 percent of millennials want to be rewarded for their work at least monthly and 71 percent said that their work demands interfered with their personal lives.
Another study, the Gen Y Workplace Expectation study, which surveyed 1000 millennials and 1000 managers highlighted a general disconnect between the skills millennials and managers valued. Managers wanted the younger generation to work on their interpersonal and soft skills and the millennials wanted the managers to give feedback and mentorship.
Be as it may but if three generations of a workforce are going to meet, greet and work together, all will have to come to the table to chalk out innovative and workable strategies, processes and procedures.