Millennial Employee Engagement: Providing Purpose
The Deloitte Millennial Survey 2018
(10,455 millennials + 1,844 Gen Z) Millennials feel unprepared for Industry 4.0 & see 'soft skills' as increasingly necessary "They are eager for businesses to more aggressively commit to making a tangible impact on the society while preparing their organizations and employees for the changes that Industry 4.0 is effecting."
63% - believe businesses have no ambition beyond wanting to make money (up from 50% in 2017)
40% - believe business leaders have a negative impact on the world
Fleishman Hillard Fishburn
Authenticity Gap Report 2017
74% of millennials believe businesses should actively try to solve societal issues
Cone Communications 2016
Millennial Employee Engagement Study 2016 (Survey 1,020 millennials (50-50 men-women))
3/4 of Millennials would take a pay cut to work for a socially responsible company
83% - would be more loyal to a company that helps tackle a social issues
NextGen Global Generational Study: University of Southern California & London Business School (Survey 44,000 PwC people)
For Millennials, enjoying their work and finding meaning and purpose in their work is more important. Those who participated in more than one corporate social responsibility activity in the US had an average tenure of 7.4 years, while those who didn’t participate in any stayed with the organisation an average of 6.3 years.
Meet the Millennials "It's Her Future Programme" 2017 (70 millennials surveyed)
This generation is unique in its social consciousness, and nowadays 63% of millennials expect their employers to contribute to a social cause.
State of Global Workplace
11% (1 in 10) British workers is engaged in work
How Millennials want to live and work (30 separate studies and included more than 1 million respondents.)
only 29% of millennials are engaged at work, with the remaining 71% either not engaged or actively disengaged.
Millennials Job hop more than other generations
Over the last 20 years, the number of companies people worked for in the five years after they graduated has nearly doubled. People who graduated between 1986 and 1990 averaged more than 1.6 jobs, and people who graduated between 2006 and 2010 averaged nearly 2.85 jobs.
Change jobs 4 times in the 1st 10 years
Brookings Data 2014
75% of workforce by 2025
Oxford Economics 2014
The cost of Brain Drain
The average cost of replacing an employee is £30,000