Retaining Millennials is on every leader’s mind, and it plays a big role in how we go about planning for team motivation.
Most businesses are finding that keeping these valued workers happy at work takes a multi-pronged strategy. In essence, it takes a plan that amounts to more than just offering perks.
Flextime is good but there’s more to creating engagement at work.
The U.S. Chamber of Commerce has suggested one way to keep Millennials engaged at work so they stay with a company longer is to offer flextime. In their Millennial Generation Research Review issued last year, they cited a flexible work schedule as one of the top preferred benefits of Millennials.
That offers chances for a better work-life balance, which the Millennial generation may finally achieve after Gen Xers tried but often failed. Many companies are indeed trying to offer their employees flexible work options like work-from-home days and telecommuting.
Flextime may attract Millennials, but what keeps them is a sense of purpose.
Flextime is good, but a higher sense of purpose has again and again been found to be what drives a majority of Millennials to be engaged at work. That may be easy for leaders of non-profits and humanitarian agencies to impart, but what about a corporation that chases profits and measures success via the bottom line?
That’s where Corporate Social Responsibility comes in!
Companies, no matter what their product, can find a multitude of ways to give back. And far from the old days when the executive offices would merely cut a check every December and call it a day, companies today are letting their employees get involved in charitable activities.
Great team motivation is rooted in a sense that you’re all contributing to society.
So, one way to retain your Millennials is to create a clear and compelling vision of how your team is making the world a better place. Your products don’t have to carry that entire burden, either. We can’t all be Jessica Alba with earth- and people-friendly household products.
Even if your company makes ball point pens, you can still improve society in your corner of the world. Many companies opt to have their employees build bicycles for local kids, for example. You can give back in so many ways, and it’s easy to get your employees involved, too.
Any of our charity team building workshops can help you to that end. They’re all geared toward getting your team involved in building community connections and giving back. And as far as team motivation goes, that will take you far!