Millennials and the Job Market

Millennials, the generation born between the year 1982 to 2004 now enter into the industrial world in large numbers. By 2020, 50% of the global workforce will consist of the millennials who are very different in their career goals, work attitudes and knowledge of new technology than the earlier generations, like generation X and baby boomers (PwC’s 14th Annual Global CEO Survey, 2010). According to the employee engagement survey firm TINYplus (2016), there are 16 trends in employee engagement and among those predictions, there is an interesting fact which the author have come across: “The millennials will start dominating the workplace culture”. Since the Millennials are the largest generation in the workforce by 2020, they will have more power to influence the workplace and in turn the workforce.

According to the PwC’s 13th Annual, Global CEO Survey (2010) below mentioned features of millennials have been identified. Millennials 1. are not much loyal to their

employers 2. are highly concerned about work – life balance than the financial reward 3. are expecting rapid career

progression 4. have a more appetite for

working abroad 5. have a generational tension In the past, employees were engaged in lifetime employment, but millennials seek jobs which fit with their personal lives and the career development. Nevertheless, they like to work in a flexible yet challenging, but not overly stressful environment and expect regular encouragement. More importantly, millennials do not like to work under rigid rules and regulations. Inevitably, a recognized degree is essential not only for millennials but also for every person who wants to reach the pinnacle of success and to cope with this highly turbulent world of work. However, according to a survey done by Bentley University (as noted in Pianin 2014) “three-quarters of hiring managers complain that millennials – even those with college degrees – aren’t prepared for the job market and lack adequate “work ethic”. Hence, it is wiser to hold a degree which is recognized by a reliable institution.

KIU is one of the renowned universities in Sri Lanka that offers UGC recognized and Ministry of Higher Education approved degrees for the students who want to have a brighter future. Faculty of Management of KIU consist in a well-rounded curriculum, delivers the lectures by a highly qualified lecturer panel who hold years of experience in the both academic and industrial world to prepare the students for the endeavors of tomorrow’s job market which is highly compatible with the world of work. More importantly, Faculty of Management is inculcating strong work ethics within the students that need to energize students to face challenges and be the best and keep them at the top of the highly dynamic industrial world. dozen computers, laptops and mobile phones simultaneously,” says Dhanya, who tried to keep a low profile, as she was also being consulted on several sensitive cases of national importance.

Dhanya rues that her role ends with retrieving data to find out how and why the crime happened, tracing the cyber criminal and protecting clients from online threats. “Cybercrime specialists are like post-mortem doctors. We cannot do para policing. But the remedy is to sure that the law is enforced and that the culprits are punished under the IT Act 2000 that has been amended multiple times,” she says.

She also feels Section 66A needs to be properly used since the Internet is a vast area to locate a predator. “The spreading of purported content can be reduced to a large extent, if those who download or share it get punished. If there is no one to download fake content, who will upload it?” she asks.

Dhanya launched her own company, Avanzo Cyber Security Solutions, in 2008. “The proliferation of broadband has led to an increase in criminal activities. Education is the only tool we have. My aim is to make people, especially the youth and adolescents, aware of the vulnerabilities in the use of mobile phones, the Internet and social networking sites,” says Dhanya, who works with 400 schools across the country for her prevention