Managing the Millennial Employee Might Be the Biggest Challenge Your Company Will Face

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If you have ever watched the television show “Mad Men” then you have a pretty good understanding of how people used to make their way through the workforce in the world of business. After college, the men would find a company that would foster their fresh, young talent, having them start at the bottom and work their way up the ladder of success.

Most of the time and for most of these corporate men, there would be one company from the beginning of their career until the end of it, culminating in the retirement party where they would be given the gold watch or some other token of appreciation for 30 or more years served. In our modern world of business, things are quite a bit different. The executive search consultant of today would not have a place in the business world of yesterday.

We live in a world where there are opportunities that didn’t exist for the Mad Men set. There are brand new industries and brand new jobs in those industries that could not have even been dreamt of by company men not too many years ago. Because of these changes in the business world, it is a constant battle for a company to make sure that they have the right people in the right positions, and with the new generation of men and women emerging into the workforce, it is more important now than ever before to understand human resources.

A Gallop poll in 2016 showed that Millennials are being referred to as a “job-hopping generation.” According to the poll, nearly 60% of all Millennials are open to a new job at any given time. This is more than any other generation before them. It would certainly befuddle the executives on “Mad Men” who saw the company world as almost a fraternity that it was not to be left.

If you are a company that is trying to navigate the world of business and trying to staff your executive and high-level positions at the same time, perhaps it is time to consider an executive search consultant. Talent acquisition is a full-time position all on its own in this day and age. Bringing an executive search consult on board will help you steer the ship while bringing on the crew that is right for the positions and eager to contribute to the success of your company’s voyage.

A human resources executive search consultant is someone who works with you to realize your vision of bringing a company together. At the end of June in 2015, 2.7 million workers left their jobs voluntarily. This means that in almost every case, the employee was unhappy with their job and thought they could find something better if they moved on to something different.

What has become more clear in recent years to the executive search consultant and human resources consultants is that diversity in the workplace really does make a substantial difference. In the age in which we live, there is no reason to simply hire diverse ethnicities simply for the sake of doing so. There are many qualified individuals from all ethnicities and walks of life that can bring unique strengths and opinions to a company. According to research done by McKinsey, ethnically diverse companies are 35% more likely to outperform their peers. Gender diverse companies are 15% more likely to outperform their peers as well.

We don’t live in the age of “Mad Men” anymore and as far as many people are concerned, that is a very good thing. Men and women of all races, creeds, and backgrounds are making their way into the workforce today. These are the Millennials and they have a great deal to offer. Having an executive search consultant on your side can help you bring your company together in diversity and harmony.

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