New York-Based ReWork has made it its mission to connect the world’s best talent to careers working on the world’s most pressing issues. It matches professionals directly to full-time job opportunities exclusively with organizations making social, environmental, and cultural progress. After working with more than 150 of the world’s most innovative nonprofits and socially responsible businesses, CEO Evan Walden shared his wisdom on the most critical trends, opportunities, and best practices when it comes to hiring the next generation.
Top Trends in Millennial Employment
In one of the most-watched TED talks in history, Simon Sinek teaches us to “Start with Why.” This could not be more true when it comes to hiring and retaining Millennials.
Millennials are purpose-driven, and tend to value career experiences over career safety. Organizations that are able to clearly articulate their purpose therefore have the opportunity to attract talent that they may never be able to afford on salary alone. The opportunity to make a real impact in the world is valued by Millennials as much as salary, benefits, and the prestige of an organization’s brand.
A double or triple bottom line is not only good for business, but is virtually necessary to recruit and retain Millennial talent. Millennials will flock to companies that go beyond mere philanthropy or corporate responsibility. Employers therefore need to embed meaning into their work.
Hiring managers can stay competitive during the recruiting process by having thoughtful answers to the questions at left, showcasing both the opportunity and their organization.
Common Characteristics of Companies with High Retention Rates
When organizations ignore talent development, people leave. It is that simple. Companies that retain great people are doing some of the following things:
