« Womenomics in action | Main | Business must disrupt the status quo »

What the worker of tomorrow wants

By Gary Coleman - January 21, 2014

Dttl_davos14_positiveimpact_300x200More than 1,500 business leaders are gathering here in Davos, most of them part of the C-suite in their organizations. And as they mix with heads of state, influential NGOs, and the occasional celebrity, I doubt they are thinking about workers 30ish and under.

But they should be.

By 2030, more than 70 percent of the workforce will be made up of workers born after 1983—the millennials . And according to a new survey released today by Deloitte, businesses need to be aware of three key themes on millennials’ minds: social impact, social media, and innovation.

  • Social impact: Businesses in the past decade have clearly become more cognizant of their impact on the environment and on their community as a whole. But millennials think business can do much more to address society’s challenges in the areas of most concern: resource scarcity (68 percent), climate change (65 percent), and income equality (64 percent). Additionally, 50 percent of millennials surveyed want to work for a business with ethical practices.
  • Social media: 70 percent of millennials envision themselves  as using social media and other online tools to one day work independently. The traditional workplace as organized by businesses today is not likely to be what millennials are looking for—something to consider as talent shortages intensify with improving economies in the coming years.1
  • Innovation: A topic that looms large for businesses will also, it appears, be critical to attracting top talent.  A full 78 percent of millennials are strongly influenced by how innovative a company was when deciding if they wanted to work there.  This influence was even stronger among millennials in emerging markets, where 86 percent tend to agree or strongly agree that a company’s reputation as innovative strongly influenced their desire for employment.

Don’t get me wrong: as a workforce, millennials tend to be bullish on business. Many millennials (74 percent) believe business is having a positive impact on society by generating jobs (48 percent) and increasing prosperity (71 percent). But that doesn’t mean it’s time to rest on laurels. Rather, it means the company of tomorrow—or the company who wants to be here tomorrow—needs to start considering the worker of tomorrow today.

More than 7,800 interviews were conducted in 26 markets for the Deloitte Millennial Survey. To learn more, visit Deloitte.com.

1Over one-third of employers are reporting that they are unable to find the talent their organizations need, according to ManpowerGroup’s 2012 Talent Shortage Survey.


Dttl_garycoleman_56x56Gary Coleman is Managing Director, Global Industries, of Deloitte Touche Tohmatsu Limited. He is a member of Deloitte’s Global Markets Committee and is the lead partner in Deloitte’s strategic relationship with the World Economic Forum. Follow him on Twitter @gcoleman_gary.

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

thank's for your news ^___^

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.