How Millennials Have Created A Shift In Employee Attitudes Is Changing The Way We Do Business
by Dimitar Vlahov
Co-author: Jess Handley
As companies and other organizations continue to become more globally connected and complex in structure, the landscape is changing for employee- employer relationships. There is a noticeable seismic shift with new expectations around leadership, culture, and engagement being at its core. Influencing this shift in attitudes are millennials, who, with rapid access to virtually infinite amounts of information are driving the era of transparency, and demanding more from their companies than a paycheck and benefits.
Despite coming into the workforce in a time where the economy resembles that of The Great Depression, millennials are more optimistic than previous generations about the state of the world and how things can change for the better; a belief that has manifested in the way this group views prospective employment. According to a 2015 report by UK based company Global Tolerance, 84% of millennials consider it their duty to make a change in their lifestyle, while half of millennials would choose purposeful work over a higher salary. This in turn has created a number of opportunities and challenges for companies, particularly when it comes to hiring strategies and offerings in order to attract the best talent.
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Dimitar is a Director of Content Development at Sustainable Brands. He joined the Sustainable Brands team after earning a Master’s degree in Management Science & Engineering – focused on sustainable business – from Stanford University. Before Stanford, Dimitar worked in international development at the International Monetary Fund (IMF) and also in economic consulting at Charles River Associates and NERA. Born and raised in Bulgaria, Dimitar left his home country for the first time about a decade ago to go to college in the U.S. He has since turned into something of an international man of mystery, thriving on global friendships, global food and global thoughts.