People and Management January 2019 | Page 34

PARADIGM SHIFT MANAGING A LARGE MILLENNIAL HUMAN RESOURCE BANK Saurabh Deep Singla Senior Vice President Chief Human Resources Offi cer ECom Express A s India rapidly approaches the mark of being the youngest country in the world, the millennial takeover of the workforce is inevitable. The solution is, of course, to shape up or ship out. There is no third option. This adaptation clause, however, is no longer applicable to the average employee fi ghting to hold onto a job. In the New Age, the responsibility has been seamlessly transferred onto the employer’s shoulders to keep up and evolve, and that is the second hard-hitting truth. 34 | Vol. 10 Issue 1 • JANUARY 2019, Noida If you are an entrepreneur launching your dream project or a manager looking for a fresh team, you will at some point need a millennial or more. That should not be too worrisome since there are 71 million eager millennials available globally 1 . The challenge lies in getting some to work for you and more importantly, keeping them happy. Most companies revising and upgrading their internal environments exist in the IT, Logistics, Pharmaceutical and FMCG sectors. Even startups are millennial magnets due to their requirements and budgets. Players in these sectors require a vast workforce, all sharing the same work environment and culture.