7 gen y expectations from their employer
DESCRIPTION
For those of you hiring Gen-Y candidates. This document might help you retain more of them.TRANSCRIPT
7 Gen-Y Work Expectation Stats.
2014
What do they care about?
Gen-Y ranked the following job considerations on a one to 10 scale.
Salary 9.05
Benefits 8.86
Opportunities for career Growth 8.74
Company Location 8.44
Company Leadership 7.95
Company Reputation 7.56
Job Title 7.19
In-house Training Programs 6.95
Diversity of Company Staff 6.07
Gen-Y’s 3 most important job considerations are…
1. Salary2. Benefits3. Opportunities for Growth
Gen-Y Expectations?
51% of Gen-Y entering the workforce think they should “pay their dues” within 2 years.
Timeframe Gen-Y expect to "pay their dues"?
Less than 1 year 16%
1 - 2 years 51%
2 - 3 years 19%
3+ years 5%
Not Sure 9%
How long will they work for you?
40% of Gen-Y expect to change jobs within 2years.
How long do you expect to stay at your current position?
Less than 1 year 16%
1 - 2 years 24%
3 - 5 years 19%
6+ years 22%
Not sure 19%
Most important aspect of their work environment.
Most important aspect of their work environment on a scale of 1-10.
Worker for a manager I respect 8.74
Working with people I enjoy 8.69
Having work/life balance 8.63
Having a short commute 7.55
Working for a socially responsible company 7.42
Having a nice office space 7.14
Working with state of the art technology 6.89
Gen-Y’s 3 most important work environment aspects...
1. Manager they respect2. Working with people they enjoy
3. Work life balance
How do they want to dress for work?
Business Casual - 41%
Sneakers Jeans – 27%
Mix depending on the situation – 26%
Business Attire – 4%
Gen-Y top 3 career concerns…
Financial Security 33% Job Stability 26% Career Satisfaction 23%
Top reason Gen-Y employees leave!
How would the following factors influence your decision to change job on a scale of 1 - 5.
Higher Pay 4.63
Better perks & benefits 4.44
More opportunities for advancement 4.22
More interesting work 4.14
Better work environment 3.99
Shorter commute 3.51
More prestigious job title 3.39
1. Higher Pay2. Better Perks & Benefits3. Better Opportunities for Advancement
Maachu We Know Gen-Y!
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feedback or insights
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Louis Genest
Sales
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