Affinity Team - Resources

Attention HR Managers:
The millennials are coming!

As surely as winter is here, so are millennials.

Attention HR Managers: The millennials are coming!

 Millennials are now representing approximately 35% of the workforce.

Attention HR Managers: The millennials are coming!
Attention HR Managers: The millennials are coming!

But in 2025 millennials will make up 75% of the workforce.

Are employers ready for this?

Because they will leave soon

One of the main traits of millennials is that they are difficult to retain.

Attention HR Managers: The millennials are coming!

44% of millennials want to leave their employers in the next two years.

Attention HR Managers: The millennials are coming!

Not retaining staff in the long term should be ringing alarm bells.

Attention HR Managers: The millennials are coming!

Each business needs to build company loyalty with millennials.

How to get them to stay

Businesses need to identify and align with the millennials values of putting people before profit, a desire for personal development, and a good work life balance.

Attention HR Managers: The millennials are coming!

Affinity HRIS features

Attention HR Managers: The millennials are coming!

1. Quick and easy processes
(it’s is all about efficiency and innovation!)

Attention HR Managers: The millennials are coming!

2. Open and fair
communication channels

Attention HR Managers: The millennials are coming!

3. Talent and development opportunities

Attention HR Managers: The millennials are coming!

4. Mobile flexibility

Upgrade your system today

As surely as winter is coming, so are millennials.

The 2016 Deloitte Millennial Survey found millennials are now representing approximately 35% of the workforce.

In fact in 2025 (just 9 years away) millennials will make up some 75% of the workforce.

Yet are employers ready for this?

Because they will leave soon

One of the main traits of millennials is that they are difficult to retain.

The survey revealed that 44% of millennials, if given the choice, would like to leave their employers in the next two years.

Every HR manager knows the importance of retaining staff in the long term, so this should be ringing alarm bells.

Each business needs to focus on bridging the gaps now so they can build company loyalty with  millennials in the long term

How to get them to stay

Businesses need to identify and align with the millennials values of putting people before profit, a desire for personal development, and a good work life balance.
The first essential step for a HR department is getting a holistic view of all people across the business.

This is where a fully integrated human resource information system (HRIS) comes into play. It stores all employee information in one place, so information on each Millennials engagement and potential flight risks are easily accessible and visible.

What expectations?

1. Quick and easy processes (it’s is all about efficiency and innovation!)

Having grown up in a time where information and social interaction is at their fingertips, millennials have an expectation of innovation and efficiency.

Affinity has developed a HRIS system that includes a technologically advanced Human Capital Management (HCM) module that not only provides a complete picture of staff, but also enables workflow automation capabilities and quick processing.

2. Open and fair communication channels

Millennials want to feel in control.  They want to be heard, be active within the development of their own career and feel supported by their company.

They also highly value the fair treatment of staff.

The Affinity HRIS system provides both SocialStreme technology (a social platform for human capital management) and a 360 degree feedback system that help identify management competency gaps (keeping everyone accountable), opens up communication channels at all levels and improves engagement across the board.

3. Talent and development opportunities

With millennials looking to move on quickly from organisations, the identification of talent and possible departures is paramount.

The retention management technology can provide an understanding of likely staff departures –who occupies critical roles and who your top talent is.  Talent management applications also allows companies to profile and track internal talent.

Through identifying these key elements your workplace can set up initiatives such as internal mentorship programs that feed into millennials’ needs to develop and progress their career.

4. Mobile flexibility

Work nine to five in a paper based office? Not if they can help it!

Millennials are well aware of the capabilities digital technology has in breaking down the traditional workplace.

They fully expect a company to provide the flexibility to manage processes online and work remotely where possible.

Affinity’s Employee Self Service application provides employees online access to their personal data, allowing employees  to easily engage with the business, change information, on-board, complete surveys and performance reviews.

And can they access it via their mobile? You bet!

However it isn’t just about millennials.

The implementation of a fully integrated HRIS System is beneficial across generations.

It delivers a level of efficiency and innovation across all levels of the business including payroll, timesheeting, recruitment, performance management, learning and development, recognition and reward, planning and analytics.

It brings all employees up to speed in working in an economy where millennials are also increasingly becoming your customers.

And as for what to talk to Millennials about?

Games of Thrones, of course.

Recruiting trends to consider for 2018