With an increase in generation Z and millennial employees, employers have been forced to restructure their business. The trends of 2017 will all impact how companies recruit, retain, train, and structure their workforce for the future. Start the new year off right and keep your business up to date with these changes.
Millennials meet Generation Z in the workplace
The new year marks the first full year that generation Z will be settled in the job force, along side their millennial coworkers. Millennials have negatively stereotyped gen Z’s as being lazy, which will cause friction, but one thing both generations have in common is the pursuit to continue to transform companies and their work environment for the better.
Annual performance reviews evolve into more continuous reviews
One of the biggest changes in HR is performance reviews and how to transform them to better serve both managers and employees. The younger generations entering the workplace require more feedback in order to learn about their strengths and areas of improvement. Some companies have already applied “daily development” programs, focusing on results and feedback of employees.
Focus on team over individual performance
There will be an emphasis on teamwork at the workplace, no matter the employment situation, industry, or politics in a company. Generation Z and millennials grew up playing team sports and working as teams throughout their education and because of this companies are attempting to adapt to this lifestyle.
New employee benefit packages and perks
The most important part of any job is the compensation, which is unanimous across all ages, genders, and ethnicities. The other important employee benefits are health care coverage and work flexibility, a benefit that has become fairly mainstream and will become more common in 2017. Other creative benefits include, seamless food credit, exercise classes, and student loan programs to help millennials with their student loan debt.
Office attire and workplace culture becomes more casual
There is a rise in younger generations entering the workplace and there are more employees overall working remotely, leading to an increase in setting a casual workplace. According to the Bureau of Labor Statistics, about one-third of American employees do some or all of their work from home.Also, about fifty percent of employees prefer to be at a company with a business casual dress code calling for the end of business formal attire.
Need help finding talent for the new year? The recruiting experts at Madison Approach Staffing can help. We are a staffing agency in White Plains, NY and are available to help make your next hire exceed your goals! To learn more, call 914-428-4800 or visit us on the web.
