How to Recruit, Reward & Retain Millennials in the Workforce, with Vivek Iyyani
In this episode of the HR Leaders podcast I'm joined by Vivek Iyyani to discuss how to recruit, reward & retain millennials in the workforce.
By 2025, Millennials will form 75% of the global workforce and more than half of them (58% of global Millennials) are living in Asia. As this huge demographic surges towards becoming a substantial contributor to Asia’s workforce, organisations continue to face engagement and retention challenges while balancing the need to stay relevant in a volatile, uncertain, complex and ambiguous world.
Vivek Iyyani is a globally recognized leadership expert and keynote speaker, helping organizations and leaders work better together in the new normal. Vivek has spoken worldwide, to organizations and enterprises from Fortune 500 companies to associations to government institutions. He is the founder and CEO of Millennial Minds-a company that has helped leaders and teams leverage twenty-first century collaboration skills globally. He has been invited to many international media outlets to share his opinions as a thought leader on the Millennial generation.
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Episode highlights
00:00 Intro
02:25 Vivek’s journey to writing "Engaging Millenials"
05:44 The top three things millennials are looking for from their workplace
07:53 How millennial’s demands is affecting traditional managers
11:15 What managers can do to engage millennials
14:03 How to build an effective millennial recruitment strategy
18:42 How technology has revolutionised talent acquisition
21:39 Blue-tick anxiety
25:21 What leaders can do to accommodate for millennial anxiety
33:20 The trends and forces that are widening the generational gap at work
38:02 Vivek’s parting piece of advice for the HR Leaders of tomorrow
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