The president and CEO of Randall Blum Insight Consulting since 2018, Randall Blum advises companies in Dallas, Texas, on hiring, training, and retaining millennials. To maximize effectiveness, Randall “Randy” Blum specifies the aspects of a job that millennials find most important.
Although millennials and Gen Z seek a balance between work and their personal lives, they see many obstacles. Multiple surveys suggest that workers in both groups worry about financial security and the cost of living. In the Deloitte Global 2022 Gen Z and Millennial Survey of November 2021, 29 percent of millennials and 30 percent of Gen Z did not feel financially secure. To make more money, these groups have either transitioned to hybrid work or started another full-time or part-time job in addition to their primary one.
Millennials and Gen Z also think that training opportunities or the lack thereof would motivate them to stay with their current employer or find a new one. Deloitte’s survey indicated that 38 percent of millennials and 37 percent of Gen Z highly value employers who teach them to use emerging technologies.
These results reflect those of the American Upskilling Study: Empowering Workers for the Jobs of Tomorrow, a broader study conducted by Gallup in 2021. In that study, 65 percent of respondents said that training in new skills highly influenced jobseekers’ evaluation of jobs.
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