Career control, corporate social responsibility, and diversity and inclusion rank high
as priorities for many workers
HANOVER, Md., June 28, 2018 – Allegis Group, the global leader in talent solutions, today released a report titled, ‘Employers, It’s Time to Grow Up: Engaging the Millennial and Gen Z Workforce.’
Using hard data from an Allegis Group survey, the paper unveils findings on employers’ efforts to attract and retain Millennial and Gen Z talent, and debunks myths and stereotypes about these workers. Additionally, the paper provides approaches to help companies improve their talent practices and boost employee success across these generations.
“Companies’ future success hinges on their ability to forge relationships with Millennials and Gen Zs, who are some of the most capable people in the workforce,” says Andy Hilger, president of Allegis Group. “A talent acquisition approach built on respect and an understanding of the workforce will win today’s battle for talent. That need for understanding applies to recruiting talent of all ages, and we are pleased to shed light on the discussion.”
New Survey Shows Companies Struggle to Attract, Retain, and Engage Millennials and Gen Zs
In a survey of more than 1,000 senior-level human resources (HR) decision-makers, Allegis Group found:
But while HR professionals express concerns about their organisations’ inability to recruit and retain employees from these generations, few are taking action to improve their results. According to the Allegis Group survey of HR decision-makers:
Look Beyond Compensation
Millennials and Gen Zs look beyond salary and benefits when considering a job. Two areas of employer commitment rank high among their priorities: diversity and inclusion (D&I) and corporate social responsibility (CSR).
According to the U.S. Census Bureau, Millennials are 46% non-Caucasian, and Gen Z are 48% non-Caucasian. So while Millennials and Gen Zs are highly diverse generations, Allegis Group survey respondents with D&I programmes in place reveal that:
In addition, research shows that most newer workers would take a pay cut to work for a more socially responsible company. However, according to the Allegis Group survey, HR professionals with CSR programmes in place reveal that:
Download the Report
‘Employers, It’s Time to Grow Up: Engaging the Millennial and Gen Z Workforce’ takes a hard look at what organisations can learn from survey data to improve their ability to recruit and retain talent from these generations, and inform initiatives to meet their needs. Highlights include expert tips on how to:
“Millennial and Gen Z populations are reshaping the global workforce,” Hilger says. “Considering their numbers, their skills and the concerns companies have about attracting them, tapping these generations is both a priority and a challenge. This white paper provides data and best practices to help employers mature their talent practices and deliver an enriching talent journey that can lead the next generation of workers to their vision of success in work and in life.”
Allegis Group’s ‘Employers, It’s Time to Grow Up: Engaging the Millennial and Gen Z Workforce’ is available for free download at www.AllegisGroup.com/NextGen.
About Allegis Group
As the global leader in talent solutions, we take pride in what we do, connecting great people to great opportunities, helping businesses win, and careers soar. Today, with $12.3 billion in revenues and 500+ global locations, Allegis Group and its network of specialised companies provide a full suite of complementary talent solutions that solves nearly every workforce challenge to empower business success while consistently delivering an unsurpassed quality experience. Our companies include Aerotek; TEKsystems; Aston Carter; Allegis Global Solutions; Major, Lindsey, & Africa; Allegis Partners; MarketSource; EASi; The Stamford Group; and Getting Hired. Learn more at www.AllegisGroup.com.