What millennials look for in a job
What makes a company successful? A perfect collaboration of young and old employees, believes 89% of the talent professionals, according to LinkedIn. The social media platform joined hands with employee engagement platform Glint to produce a detailed study of recent employment trends across the globe. They surveyed over 7,000 talent professionals and HR managers in 35 countries in August to September, 2019.
Millennials, who are between 23-38 years old, constitute 40% of the total work force across the world. Generation X or Gen X are those who are currently between 39-40 years old. They occupy 33% of global workforce, according to LinkedIn study. GenZ are those who just enter the work force and in between 7- 22 years old.
When it comes to work, each generation has its own strengths. Gen Z has a larger share of people with Python programming skills than any other generation. Older workers tend to have more people with business and real estate skills. Thus, companies are keen to have a multigenerational workforce to become more productive and successful. 56% companies say they have updated their policies to appeal to a multigenerational workforce, the study shows. Unlike the older generation, Gen Z prefers a parttime role or contract role. More companies are choosing to use contract labor or gig economy workers to respond to fast-moving conditions. Meanwhile, older generations prefer greater stability with full-time roles.