In episode 1 of Business Wellness in Hamilton, find out how Millennials can impact your business.
Linda Marshall hosts Business Wellness in Hamilton on Cable 14 weekly. Each episode covers buzz-worthy topics such as emotional intelligence, employee engagement, mental health, company culture and much more.
In episode 8, that airs Tuesday, April 4, 2017, at 9:30 am and 9:00 pm the topic is How Millennials an Impact Your Business. Linda is joined by Lukas Pesa, Business Consultant and thought leader on Millennials, and Joshua Lombardo-Bottema, Founder
What exactly are Millennials?
According to Wikipedia, Millennials (also known as Generation Y) are the demographic cohort following Generation X. There are no precise dates for when this cohort starts or ends; demographers and researchers typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years. Millennials, who are generally the children of baby boomers and older Gen Xers, are sometimes referred to as "Echo Boomers" due to a major surge in birth rates in the 1980s and 1990s.
There are many myths out there about Millennials so it’s important to understand what they are since they have recently become the largest generation in the Canadian workforce. We need to get on board and adapt and learn to respect and work with millennials if we want to continue to succeed and flourish within the workforce. Through my consulting I often hear many managers negatively speak about millennials' work ethic; they say they have:
- Attitudinal issues
- Sense of entitlement
- Lack of respect for hierarchy
- Frequently change jobs
When it comes to millennials we need to adapt our corporate company culture by integrating emotional intelligence to ensure we retain millennial employees. The secret is to embrace emotional intelligence from the top down. Designing company culture with Emotional Intelligence in mind enhances the workplace on many levels and ultimately boosts millennial productivity. Organizations will be able to attract and retain highly engaged millennial employees once emotional intelligence is practiced.