ENGAGING MILLENNIALS AT WORK - RPIC-IBIC...37% 14% 10% 29% 14% 33% 7% 17% 8% 3% Millennials 36+...

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ENGAGING MILLENNIALS AT WORK David Coletto, PhD Chief Executive Officer Abacus Data Inc. @ColettoD [email protected]

Transcript of ENGAGING MILLENNIALS AT WORK - RPIC-IBIC...37% 14% 10% 29% 14% 33% 7% 17% 8% 3% Millennials 36+...

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ENGAGING MILLENNIALS AT WORK

David Coletto, PhD Chief Executive Officer

Abacus Data Inc. @ColettoD

[email protected]

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WHAT’S THE POINT Two things to take away from

my talk today.

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THE MILLENNIALS 101

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Estimated Canadian Millennial Population:

9.3 Million

% of Canadian Population:

25.6%

% of working age Canadian adults by

2020:

43%

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RAISED BY BABY BOOMERS.

SHARED VALUES EXPRESSED DIFFERENTLY

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WHY ARE WE SO DIFFERENT FROM PREVIOUS

GENERATIONS

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UPBRINGING

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Agree/Disagree: Growing up, many people told

me that I could achieve anything I wanted.

85% Source: Abacus Data, Oct 2012, n=1,004

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TECHNOLOGY

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37%

14% 10%

29%

14%

33%

7%

17%

8% 3%

Millennials 36+ Facebook TV News website Radio Word of mouth

If a major news event occurred, where would you most likely hear about it first?

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75%

36% 34% 25%

7%

Social Media Use (18 to 29 years old) % who use at least once a day

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A FINAL DIMENSION…

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THINK BACK...

HOW OLD WERE YOU WHEN YOU...

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!! Finished your education – 50% !! Moved out of your parents home – 63% !! Found a full-time job in your field – 46% !! Achieved financial independence – 60% !! Bought your first home – 48% !! Had children – 23%

Canadians Aged 20 to 35...

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PERCENTAGE OF MILLENNIALS WHO HAVE DONE ALL?

30-35: 19%

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ACCELERATED MATURITY DELAYED ADULTHOOD

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DELAYED…

FAMILIES HOMEOWNERSHIP

FINANCIAL INDEPENDENCE

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WHAT DOES THIS MEAN MANAGING MILLENNIALS

IN THE WORKPLACE?

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5 WAYS THAT WE NEED TO

THINK ABOUT WORK IN THE MILLENNIAL AGE

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#1 THE FUNDAMENTALS

STILL MATTER

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Are the answers to these questions YES?

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Am I proud of the organization I work for?

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Can I perform at my best?

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Is my work fulfilling and enjoyable?

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Am I and others around me treated well?

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#2 INVEST IN OUR DEVELOPMENT

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#3 COMMUNICATE

OPENLY AND FREQUENTLY

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#4 COLLOBORATION AND

TECHNOLOGY

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#5 MOTIVATE THROUGH

IMPACT

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SOME FINAL THOUGHTS

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THANK YOU.

[email protected] @COLETTOD