According to Pew Research conducted in 2015, millennials now serving as the largest group in the U.S labor force. And in Asia, especially in Vietnam, we can easily see that millennials are becoming a major part of workforce and companies are increasing retention rates and improve job satisfaction to find and retain millennials. As this latest generation of employee doesn’t have identical characteristics like their seniors and they want more from their job than just insurance or paycheck, you should embrace their perspective and provide them with positive mentoring. Here are some ways to mentor millennials effectively, let’s check it out!
1. Show them the way to future opportunities:
You must ensure that mentorship programs can help ambitious millennials thrive in the workplace. As you know, this kind of employee is still young and they have the wildest dreams to catch, they expect regular one – on – ones to discuss their own performance and ability to grow within your company.
In some cases, other staff members would think in a negative way that this drive presents the fact of seeking out a leadership position. However, the millennials just make it for self-improvement. That said, they do not plan to take over anyone’s position but try to carve an upwards path for themselves.
Now that you understand this positive characteristic of millennials, HR teams are better able to embrace their desire to advance and leverage it to help them get success in the field they are chasing through the guidance of mentors. Each millennial will be coached by one mentor who takes the lead on projects, undertake training programs, then hone their strengths and improve their weaknesses. Moreover, you can send your millennial employees to industry conferences, workshops and networking events so that they could find an opportunity for growth in your organization as well as figure out how will their own career path look like.
2. Mentor in reverse
This rising trend in corporate mentoring is a new method for mentoring millennials which is described by a Harvard Business Review article. It’s a smart move when we give millennials a chance to play the role of mentor to their older managers. For example, a millennial could show how to best leverage social media for marketing and advertising purposes as web surfing is their daily activity.
Gathering their perspective on a variety of business ideas benefits both employees. First, older mentors also have input and feedback from millennials, explore the latest technology trends that they may have never learned and fought the right influencers to promote content. Secondly, by taking part in the planning a strategy process, millennilas could get exposure to higher levels of the organization and come to understand what they’ll need to do to take over as employees retire. You know that millennial generation is creative, enthusiastic and trendy, they were born to create a new world.
Helping millennials reach their goals is also helping your business. They will become powerful leaders that can successfully transform and lead these businesses into the future. Let Faro assist you on the way of managing your next generation labour workforce!