Do you remember your first job after graduating college? For many of us, this question takes us on a trip down memory lane. They were the starting point of our careers; a job that didn’t entail much experience and responsibility, and were seen as solely the launch to a long-lasting professional journey. Fast forward to today, entry-level jobs aren’t what they used to be. From 1980 to 2015, occupations requiring a higher level of job preparation—education, experience, and job training—grew by 68%. On top of requiring a four-year degree and a set of hard skills, employers are now requiring young employees to have advanced soft skills. In today’s age, corporate ladders have shrunk, career paths are accelerated, and entry-level employees typically leave their company only after a couple of years of beginning. Times have changed, and companies are demanding skilled and equipped young employees more than ever before. But how can hiring young talent benefit your company?.
The Quest for This Top Talent
One of the main concerns for CEOs today is acquiring top talent. As Baby Boomers leave the workforce and our digital landscape demands more complex skills, this concern will continue to be the case and companies will look to younger generations to meet their expectations. However, when it comes to comparing the EQ competencies between generations, Generations Y and Z are less equipped to master independence, problem-solving, and stress tolerance than Generation X and Baby Boomers.
The right young employees for your company are hard to come across, and choosing the wrong young employees can lead to a hit on productivity and innovation and a higher turnover rate. To avoid the stress it can cause your company, bottom-line, and your HR department who have to deal with employee retention, it is necessary that you attract and hire the young talent that will allow your organization to be competitive and innovative within your industry.
The Benefits of Hiring Young Talent
Young Talent is Vital For Long-Term Success
For a company to build an agile organization in the long run, managers must invest in the right people who are passionate about your cause and vision and will continue to evolve every day to learn and improve. Luckily, bright and driven young employees naturally desire training, mentoring, and coaching. They strive to improve their skills. They find value in becoming more versatile in a company. They treasure employee development, and they’ll find a company that will provide it for them.
Fresh Perspective in a Digital Age
Younger generations have grown up in a digitally advanced world. Their inherent aptitude for technology, as well as their ability to swiftly grasp new systems, distinguishes them from other generations of workers. Retaining young employees has a favorable and significant influence on the business’s adoption and use of new software applications. On top of having a natural affinity for technology, young workers also bring new viewpoints to your company. Their eagerness to learn, gain experience, and put their talents to use is beneficial for team performance, group dynamics, and productivity.
CUrate a Power Team
Most of us have heard the phrase “teamwork makes the dream work,” but a key factor in building an effective team is recruiting the right people. No matter how cohesive your team is, your organization will suffer if your team members aren’t able to adapt to new systems, develop, and grow in their tasks. Bright-eyed and bushy-tailed young employees give your business the chance to curate a workforce filled with people who are particularly trained to match your company’s demands. For most of their life so far, young individuals have only been used to one thing: learning. They will be accustomed to a learning mentality that will make it easier for them to digest training and new concepts, especially if they are fresh out of school.
When looking for a job, younger generations are known for prioritizing company culture over all other considerations. In fact, millennials would take a $7,600 salary cut if it meant they worked at a job that provided a strong corporate culture. An organization’s workplace culture tends to be an overlooked and underestimated element, but it affects all parts of the company from productivity to your bottom line. Young employees, who recognize the significance of company culture, contribute to the development of a high-functioning team. Their new energy and perspective in addition to their dedication to improving a healthy culture will ensure that your organization is fostering a healthy and attractive work environment. Not only will this build team morale and cohesion, but a strong corporate culture can build loyalty in your young employees and help retain them in the long term.
Are You Prepared to Lead the Next Generation of Workers?
There’s no doubt that hiring young workers for your company is the key to being successful in the long run. After all, they are the workforce of the future. However, a recent study has found that the number one pressing challenge for employers is “attracting top young talent” and the second obstacle is “motivating them.” Now more than ever, it’s becoming more difficult to find the young shining gems for your organization, and we totally get it. Given that 61% of Gen Z employees reported that they would leave a job in two years if given the option, it’s no surprise that businesses are facing these issues. But the solution to curving these challenges lies in tuning into what young employees truly value and strategically attracting them. On top of that, your company must devise a well-thought-out plan to retain the right young talent—otherwise, you’ll have to go through the burden of advertising, recruiting, scouting, and interviewing all over again. But are you ready to fight in the War For Talent?
If you need help hiring, attracting, and retaining young talent, book a call with us here; we’d love to listen and provide support in any way we can.
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