[ad_1]
The study covered 10455 Generation Y (born in 1983-1999) representatives from 36 countries, including 303 from Poland. The report also identifies a group of almost 1,850 representatives of young millennials (born between 1995 and 1999) from six countries that have just entered the labor market
Business is not ethical enough
Two previous editions of Deloitte indicated that millennia increasingly perceive business motivation and ethics. This year, however, business sentiment has changed dramatically and reached its lowest level in four years. At the present time, less than half of Millennials believe that businesses are acting ethically, while in 2017, they were 65%. – This state of affairs has been affected by the rapid social, technological and geopolitical changes that have taken place over the last ten months. Only 47 percent. respondents are of the opinion that business leaders act to improve the situation of companies. A year earlier, it was 15%. More.
– Once again, we find that in the opinion of young people early in their career, the measure of business success should go beyond financial results. As many as 83 percent of respondents believe that companies should act according to the 4.0 Responsible Business Model, which is the one that values and ethical decisions in the DNA of its operation. Firms working with other stakeholders to address issues of diversity, wage equality, income inequality, immigration and climate change can improve financial performance and value the brand. – Irena Pichola, Partner, Team Leader for Sustainable Development in Poland and Central Europe. – Less than half of Millennials believe that businesses act ethically (48% – down 17 pp.), And that they act to improve the social situation (47% – a drop in 15 pp). A change in the millennia 's attitude should be an alarm bell for all business leaders – he adds.
The Deloitte study shows that young people pay attention to social and political problems, although it depends on the country in which they live. In Poland, 49% of respondents are afraid of terrorism and armed conflict (41%). In developed countries, young people are mainly concerned about terrorism (32%) and climate change (31%). On the other hand, the problem of crime (30%) and corruption (28%) seems more urgent in developing countries. Only 19% (12% in Poland) millennia believe that politicians have a positive influence on the environment (against 71% (80% of Polish) who emit a negative rating).
The superiority of elasticity over time
Up to 43 percent. The millennial generation intends to resign from its current position over the next two years, and only 28%. he will stay in his current place for more than five years. A gap of 15 points was created, which increased by 7 percentage points compared to the previous survey. In the youngest group, the gap is even bigger. Up to 61 percent. from among them want to leave the workplace over the next two years, while only 12 percent. plans to be associated with an employer for more than five years. – This is a very big problem for companies, but at the same time a chance to attract and retain the most talented employees. The condition, however, is the multiplication of activities that can convince young people that a given company offers them more than just a place where they can earn money. In addition to attractive incomes, among the factors that positively affect millennial loyalty, this year's research respondents have focused primarily on a friendly organizational culture, flexible work organization, and the ability to work together. constant development of skills. It should be noted that millennials are increasingly seeking to meet these expectations in work based on non-permanent jobs – short-term contracts for the implementation of a specific project are attracting increasing interest – explains Magdalena Bączyk, Director of the Deloitte Consulting Department.
What can affect their plans? Of those millenials who happily leave their employer within two years, 62% recognize atypical forms of employment as a viable alternative to full-time work. Only 17 percent. from among them rejects this option. Among the millennia, this percentage is 13%. Respondents believe that atypical forms of employment offer the potential to increase income (62%) and flexibility (39%). According to 37 percent. This form of employment promotes the achievement of a balance between work and personal life.
According to more than half of respondents (57%), organizational culture as well as financial benefits (51%) are crucial in the work. Respondents also mention the flexibility of working time and the possibility of learning (44% each).
Fear of the Fourth Industrial Revolution
Millennia know well how the Fourth Industrial Revolution – based more and more on automation and robotics, artificial intelligence and machine learning – Shape and influence new jobs. They realize that this will free people from routine activities, which will allow more creativity. However, many of them are afraid of this phenomenon. Seventeen percent of all millennials tested and 32 percent. those whose organizations already use a wide range of industry 4.0 technologies are afraid that some or all of their functions will be removed.
Fewer than four in ten Generation Y employees feel they have the skills to succeed. That is why he is waiting for the help of the company to prepare for a successful operation in the new age. And it is not just about technical skills, but rather general skills related to self-confidence, interpersonal relationships, ethics, and integrity. In their view, companies are not responding adequately to their development needs. Only 36 percent. millenials said the employers helped them understand and prepare for the changes associated with the fourth industrial revolution. – Companies must listen to what millennia say and expect to rethink the business approach of talent management in the era of the Fourth Industrial Revolution. According to Anna Łukawska, director of Deloitte's employer brand, it is necessary to focus on learning and development in order to help employees develop their careers throughout their lives. – Many young people are wondering if they have the opportunity to compete in the 4.0 industry and are increasingly looking for employers who will provide them with the skills to succeed – add-it- he.
[ad_2]
Source link
