Business Standard

Engaged generation

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New research by the Hay Group division of Korn Ferry shows that members of the generation often maligned as being difficult to please are actually among their employers’ most enthusiast­ic supporters. The analysis of employee engagement surveys from 350 companies and 6.8 million workers shows that 73 per cent of millennial­s would recommend their organisati­ons to others as good places to work, compared to 70 per cent of the overall workforce. “By 2025, estimates are that millennial­s will make up 75 per cent of the workforce, and as such they are a true force,” said Mark Royal, senior principal, Korn Ferry Hay Group. “They are a highly educated and a technicall­y savvy generation, and employers should take care in helping develop them into the next generation of leaders.” The research showed that millennial­s are more positive about advancemen­t opportunit­ies — 54 per cent favourable, compared to 46 per cent of the overall workforce.

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