Tag Archives: Millenials

Friendships at Work

Data Point Tuesday
and LinkedIn recently partnered up to explore how friendships at work impact employees’ experiences and perspectives of their workplaces. Their study, titled “Relationships @Work,” surveyed more than 11,500 full-time professionals between the ages of 18-65 in 14 countries, including the U.S, Sweden, India, Canada, Australia, Hong Kong, Singapore, Spain, the Netherlands, Malaysia, Italy, Indonesia, Brazil and the U.K. What did they find? A large percentage of professionals surveyed (46%) admit that work friendships play a role in their overall happiness, and it’s clear from the research that the amount of value placed on workplace friendships, and the level of confidence (or how personal they were) varies significantly depending on the generation. For example, while 46% of respondents stated that work friendships play a role in their overall happiness, this data point increased for millennial respondents, age 18-24, up to 57%. Respondents in this age group also felt that work friendships were motivating (50%) and made them more productive (39%).

The research also found Millennials to be much more likely to share personal details with friends at work. 67% of Millennial respondents stated that they share details of their lives such as salary, relationships and family issues with work buddies. This is a major shift from the days where mentioning salaries or details of one’s personal life was taboo. Millennials’ potential “over sharing” doesn’t seem to be rubbing off on colleagues, however; only 3% of baby boomers admit being likely to share details of their personal lives with work friends. Millennials’ casual approach to communication with work friends is also reflected in their relationships with managers. LinkedIn and Censuswide’s research found that one in three, or 28%, of millennials have texted a manager out of work hours for a non-work related issue. This is compared to only 10% of baby boomers.

global friends at workWhy are Millennials gushing to buddies at work? It may not be so much a facet of their generation’s personality, but a genuine attempt to grow and further their career. One third of Millennials versus 5% of baby boomers stated that they think socializing with colleagues helps them move up the career ladder. Note too, that 18% of respondents (all generations) say that friendships with colleagues make them more competitive in their careers, so while close friendships at work may be a greater trend for Millennials, it is not exclusively a trend of that generation. Additionally, 51% of respondents (all generations) say that they stay in touch with former colleagues, and while we can’t say where exactly the value of this comes from (friendship, mentor, resource, networking, etc.), we can certainly say it indicates respondents have a loyalty to past colleagues and work friendships. It seems that globally, too, workplace friendships have a high level of importance. In India, for example, 1 in 3 professionals say their closest work colleagues understand them better than their partners.

Overall, this data is a good reminder that everyone communicates differently, whether on an individual basis or by the larger personality of an age demographic. Specifically, though, when it comes to retaining Millennial employees, this desire for work friendships and casual communication could be an overlooked point of value for employees. As workplaces become increasing more generationally diverse, it becomes important (even vital) to recognize the different, and evolving, communication styles of employees.



Filed under China Gorman, Data Point Tuesday, Employee Engagement, Millennials, workplace happiness

I want fair pay, a voice in decision-making and a competent boss. Is that too much to ask?

Data Point Tuesday
In previous posts I’ve discussed data about Millenials’ perceptions and expectations in the workplace, a hugely popular topic, which makes sense considering that this demographic cohort accounts for 77 million workers between the ages of 18 and 35 (according to FORTUNE). Here at Great Place To Work, we’ve recently released a “10 Great Work Places For Millennials List,” accessible on our employer review site Great Rated!, which identifies companies offering the best benefits and perks for this group. When it comes to Millennials, what companies snagged the top spots? Intuitive Research and Technology came in at number one on the list, followed by David Weekly Homes and Allied Wallet. You can check out the full list here for the full 10 company rankings and culture reviews.

The research conducted for this list of workplaces that stand out as exceptional for Millennial employees is highlighted, but also identified are the sorts of practices and programs that move the needle for these employees. When looking at workplace culture features that differed most between the top 10 Great Workplaces for Millennials and the 10 least-great Workplaces for Millennials, a few areas stood out. Survey data revealed “fair pay” as a very important feature of great workplaces for Millennials. There was a 37 percentage point difference between the top 10 companies for Millennials and bottom 10 companies based on responses to the statement, “I feel I receive a fair share of the profits made by this organization.” Millennials also place a high value on having a say in decisions at their organization. Our study recorded a 28 percentage point difference between the top 10 and bottom 10 companies on “Management involves people in decisions that affect their jobs or work environment.” Additionally, competent management is a highly valued feature for Millennials, with a 26-percentage point difference on “Management does a good job of assigning and coordinating people.”

The analysis also highlighted some surprising workplace features that don’t move the needle much for Millennials. One such feature is interesting considering it’s been such a hot-topic: work-life balance. There was just a 10-percentage point difference between the top 10 workplaces for Millennials and the bottom 10 on the question: “I am able to take time off from work when I think it’s necessary.” This statement was one of the 10 with the least amount of difference among all 58 survey statements. The response calls into question the attention that has been placed on Millennials’ desire for work-life balance. Has this dynamic been overblown? It’s possible, but perhaps it’s more likely that many employers have considerably improved programs and policies that promote work-life balance, making it a mute point for Millennial respondents.

Another two surprising work-place dynamics that were not greatly distinguishable between the top 10 workplaces for Millennials and bottom 10 workplaces were self-expression (with just a 10 percentage point difference on the statement: “I can be myself around here”) and friendly, welcoming workplaces (with an 8 percentage point difference on the statement “When you join the company, you are made to feel welcome”). Again, these percentages beg the question of whether the importance Millennials place on such dynamics has been hyped up, and are not necessarily an accurate reflection of Millennial expectations. Considering the top features that Millennials did identify as highly important though (fair pay, say in decisions, and competent management) it seems more likely that these aren’t necessarily features that Millennials don’t value, but features that companies have greatly improved versus features that are often problematic for companies.

Do these trends accurately reflect the workplace programs that are important to your Millennial employees?


Filed under China Gorman, Data Point Tuesday, FORTUNE Magazine, Great Place to Work, Great Place to Work Institute, Great Rated!, Millennials