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Business Owners Need to Adapt to Millennials

Millennials, composed of employees age 18 to 34, have different expectations of their employers. They’ve been raised in a digital age of the internet and social media, and this has brought expectations of transparency, feedback and ever-updated technology.

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Todd Palmer

Production Machining contributor Todd Palmer with “About Your Business."
 

 

The future for millennials in the workplace will be centered on communication, transparency, openness, technology and results created versus hours at the office. This is because this generation, composed of employees age 18 to 34, have different expectations of their employers. They’ve been raised in a digital age of the internet and social media, and this has brought expectations of transparency, feedback and ever-updated technology.

PM contributor Todd Palmer examines what this means for business owners in his “About Your Business” column. Businesses will have to evolve with the times as managers that have grown up with email and texting move into position, with smart phones replacing desk phones within a decade. This will all be to facilitate a workforce that, along with money, flexibility, sharing of ideas, progression in life, not necessarily taking a management position and having fun also wants to be appreciated in an environment in which they can make an impact.

Mr. Palmer expands on these ideas for how business owners will need to understand and adapt to millennials, not the other way around, in his article “Millennial Employees’ Role in the Modern Workplace.” Read it here.

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