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    3. Retaining Youth»

    Retaining Youth

    Lisa Haneberg
    FinanceLegacy

    Here's an interesting article from Cam Marston, author of Motivating the "What's in it for me?" Workforce.

    Retaining Youth: You’ve hired them. Now how can you keep them around?

    By Cam Marston

    Things aren’t always what they seem. If I could give you one bit of

    advice on dealing with the latest generation of employees to come under

    your management, it would be to remember those words…things aren’t

    always what they seem.

    If

    you are like most business leaders, you’ve no doubt noticed a trend in

    the way employees behave in recent years. Most likely you consider it a

    negative trend – too much entitlement, not enough loyalty, no work

    ethic, only interested in themselves, and on and on. But I challenge

    you to consider that perhaps these are not negative trends, just

    different ones. Things aren’t always what they seem.

    To better

    understand who your employees are and what drives them to succeed,

    perhaps it’s easiest to understand who they are not. You. That’s right.

    They may even be your offspring but in the workplace they bear little

    resemblance to the "you" of yesteryear. Gen Xers (born 1965-1979) and

    Millenials (born after 1980) are operating in this world with a

    completely different perspective. Their definitions of loyalty, time

    and success are often quite different from yours. Rest assured they do

    recognize all of these concepts and value them in very important ways.

    The key to your organization’s future success is understanding how the

    Millenials view the world and using that knowledge to motivate them in

    a way that works. Here’s a hint: meet them where they are and they will

    achieve your underlying goals; try to force them to fit your

    definitions and they will run for the door every time.

    So let’s

    take a look at some of the pervasive myths about our youngest

    generation in the workforce and discuss why these changes are happening

    and how you can tailor your workplace to meet the needs of you, your

    employees and the company.

    Myth: Younger generations have no work ethic.

    Reality:

    Younger generations have a self-centered work ethic. This is not

    necessarily the negative that it may seem at first. Millenials are

    dedicated to completing their task well. They have not been raised in a

    way that demands them to look around and see what should be done next.

    Instead they ask "what is my job" and go about figuring the best,

    fastest way to complete that task. Then they consider themselves done.

    This is a key differentiator between your employees and yourself.

    The

    younger they are, the more your employees view their jobs as "something

    to do between the weekends." For most, early employment has nothing to

    do with a career path; it is a way to earn money to have fun in their

    free time. And that is okay. When you understand what motivates your

    employees you are better able to set mutual expectations for success.

    Instead of being frustrated that your youngest employees are not

    interested in climbing your corporate ladder, embrace their true

    motivation – reliable spending money – and use it to your advantage.

    When you tell an employee, "I understand this is not your lifelong

    career, but to earn the paycheck every week, here is what I expect …"

    they are much more likely to respond than if you try to motivate with

    promises of promotions and titles down the road.

    Understanding

    that being at the job isn’t as important to Millenials as completing

    the assigned task also opens up new opportunities for motivation and

    reward. Younger employees are very likely to respond to offers of paid

    time off. A leading retail organization has recognized this new way of

    thinking with its Working Hard Card: When managers witness an employee

    rising to a challenge, exceeding expectations or otherwise giving 110%

    they can hand the employee a Working Hard Card on the spot. Each card

    is worth a set amount of paid time off to be used at the employee’s

    discretion. It is a simple strategy that rewards employees in the

    currency they value most – their time.

    Myth: They don’t want to put in the hours to get ahead.

    Reality:

    They are willing to put in the time to do the job, however they are

    uninterested in "face time." Gen Xers and Millenials view time as a

    currency. While Baby Boomers tend to see time as something to invest,

    the younger generations view it as a valuable currency not to be

    wasted. These are the generations that demand work-life balance and

    paid time off. They want to get the job done, then put it behind them

    and enjoy life.

    Boomer managers have a tendency to lose the

    interest of their Millenial employees by looking too far into the

    future. Millenials live in timeframe based on right now. Their world

    has proven that nothing is a guarantee – from nationwide layoffs to war

    to soaring divorce rates, they have decided that there’s not a lot you

    can count on. As a result they are not interested in promotion plans

    for five years from now. They don’t even want to know what will happen

    at the end of the summer. Life is uncertain. To reach the Millenial

    employee and reduce turnover, make it certain.

    Tell your

    employee that you have a plan. Take pains to ensure it is in a

    timeframe short enough for them to envision. Be prepared to fulfill

    your promise – once fooled, forever jaded. This approach feeds into

    their reality, while simultaneously building trust and buying you more

    time. Reward small successes along the way, string these milestones

    together and you will soon realize longer tenures among your staff.

    Myth: They have no respect for authority.

    Reality:

    They have great respect for leaders and loyalty. But no, as a rule they

    don’t respect authority "just because." For the younger generations,

    every ounce of loyalty and respect must be earned. But when it is

    earned, it is given fiercely.

    In fact, loyalty to the individual

    is the number one reason Xers and Millennials stay in the job,

    especially during the first three, tenuous years. Dissatisfaction with

    the boss is the number one reason they quit. So in order to increase

    retention, managers must take a flipped view on leadership – it is no

    longer enough to hire the right people and show them the way, now you

    must BE the right person to win their affection. Sounds a little

    touchy-feely for the workforce, yet the faster leaders understand this

    new relationship, the sooner you will see the reward in the way of

    increased retention.

    There is one big caveat to the "be the

    person they want you to be" approach to leadership, however. Millenials

    have a tendency to seek tight bonds – they want a boss who is close,

    caring and aware. And you can be all that. It is very easy to cross the

    line between "boss as advocate" to "boss as friend." That is a slippery

    slope. It can be especially tempting in situations where managers and

    employees are close in age. When activities outside of the office

    become too regular, too casual or largely social in nature, it is time

    to examine how this will affect your role as a leader. What Millennial

    need most out of a boss is a guide, not a social life.

    Myth: They don’t want to grow up.

    Reality:

    They really don’t know how. The youngest generations in today’s

    workforce are facing a delayed adulthood. They are getting married

    later, having children later and just generally facing the "real world"

    later. This isn’t the result of a mutated maturity gene, it just is.

    And if we are being completely honest, Boomers had a lot to do with why

    it’s happening. First, as parents, Boomers had a tendency to coddle

    their children and use their own good fortune to make sure their

    children didn’t experience adversity. Second, as career models, Boomers

    demonstrated the toll of working long hours and "paying one’s dues" in

    a way that made their children less likely to follow in their

    footsteps. Millenials today look at the corporate ladder and think,

    "there must be another way."

    My advice to you – don’t waste time

    wishing they were different. Don’t spend your energy comparing today’s

    youth to the desires and drive you had at age 18. These employees are

    not a reflection of you, nor are they an earlier version of you. And

    again, that is okay. Your task is to take this new understanding and

    use it to reposition how you interact with, motivate and reward your

    staff.

    Take attire for instance. Your 18-year-old self would

    have gladly donned whatever uniform was necessary to fit the company

    mold. Be it pressed khakis and a tie or a specific corporate uniform,

    fitting in was part of the package. Today’s youth wants to stand out.

    They want their individuality to shine through even when required to

    provide a consistent standard of service and performance. Balancing

    corporate needs with individual desires takes some creative thinking.

    Home

    Depot is one company that has addressed this dilemma at a very basic

    level – company uniforms. They simply require that all employees wear a

    standard Home Depot apron. Be yourself underneath (within reason) and

    show the customer that you are on the Home Depot team with this bright

    orange apron. Is there a standard that you can adopt to accommodate

    individual preferences? Something to think about.

    Not all change is bad.

    As

    we’ve discussed, the myths surrounding today’s young employees are not

    always what they seem. Attitudes toward work, life, loyalty and respect

    have all changed, but each is still considered valuable. In fact, some

    of the demands made by today’s youth are creating positive benefits for

    employees in every generation. Flexibilty and respect for the

    individual, as well as the organization, are good for everyone. Loyalty

    from younger employees, once earned, is long-lasting. The adjustments

    you make to accommodate the changing attitudes of today’s youth will be

    returned to you tenfold with decreased turnover, improved morale, and

    measurable business results.

    And when the frustration mounts,

    just remember things aren’t always what they seem. Open your mind to

    the possibility that there is a benign, generational reason for the

    disconnect between what you want and what your employees are providing,

    and you may just find room to create a shared vision of success.

    Cam

    Marston is a consultant who specializes in multigenerational

    communications and marketing, educating executives about the workplace

    expectations of different generations. He speaks to thousands of

    executives each year and leads intensive, on-site training sessions for

    companies.

    For more on Cam Marston and Motivating the "What's In It For Me?" Workforce (John Wiley & Sons; May 2007), visit www.cammarston.com.

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    Profile: Lisa Haneberg

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