iNM Volume 9 | Page 22

DISRUPTIVE INNOVATIONS PAGE 16 INM VOLUME 9 HOW HR IS WINNING OVER GEN Y: THE NEXT GENERATION OF LEADERS SHIKHA SHARMA DELHI SCHOOL OF MANAGEMENT DELHI TECHNOLOGICAL UNIVERSITY 2016 18 - Whether we call them Gen Y or millennials they are the future workforce across the world They are tech savvy socially conscious full of entrepreneurial spirits and ambitious They are nothing like their previous generations when it comes to the ideas of loyalty to organizations leadership style and work life integration and hence years old practices of managing workforce are no more applicable for them Companies can t attract them with superfluous promises and perks rather they look for values alignment transparency leadership opportunities and recognition Retaining and engaging them is a challenging task too as they do not shy away from planning near term exits if felt underutilized Given all these HR departments today are revamping their practices not just to manage them but to win them over and are talking to them in their language , . - , , , . , - . ’ , ’ , , . - . , . Attracting and Recruiting millennials Millennials today account for almost 50 of the workforce population in India and US Markets Attracting the best of these millennial workers is critical to the future of business Their career aspirations attitudes about work and knowledge of new technologies will define the culture of the 21st century workplace The key to attract them remains in understanding their media of communication and their needs They want a collaborative work culture flexible work hours and a coach mentor instead of a boss Great news is HR has got this pulse and more and more companies are offering these key features All the top rated employers such as Google RMSI Marriott Hotels American Express etc today offer these perks and they are succeeding in attracting the top millennial talent available in market Other than understanding what to offer to them it is equally critical to realize where to connect with them Millennials are digital with their approach and more and more recruitment opportunities should meet them at these digital media By creating and maintaining Facebook : % . . , , . , . , / . . , , , . . , . . ,