Elliott C. Back: Internet & Technology

“Millennials Hard To Retain” says Network World

Posted in Computers & Technology, Jobs by Elliott Back on January 12th, 2008.

According to an article in Network World magazine, young IT workers aged 18-31, the so-called Millennials, are difficult to manage and retain. Essentially, Young IT workers disillusioned, hard to hold, survey says makes the claim that Millennials want more than they’re entitled to as entry level employees:

“The issue managers are facing is with retention, not hiring. That means the work environment is not living up to the employee’s expectation,” he says. For instance, many younger workers expect to get an office immediately or be paid at a rate higher than entry level.

“Millennials are coming in with high expectations and are disillusioned about the reality of a work place. They feel they should be rewarded and start at the top, when we all know you have to work your way up. They have been raised to be rewarded often and when you get into the workforce those rules change a bit,” Harrington says

The article strikes a chord with me, as I left my job at a Fortune 25 in the financial services industry on Friday to work for a competitor. My reasons for moving were significantly different than the ones this survey hints at. Where Millennials seem to be expecting perks, promotions, and compensation, I’m more interested in learning something new, challenging myself, and developing my skill set.

This entry was posted on Saturday, January 12th, 2008 at 7:31 pm and is tagged with high expectations, work environment, harrington, expectation, competitor, workforce, financial services industry, fortune, millennials, promotions, job, entry level employees, network world magazine. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback.

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