No accounting for taste: problems in hiring and retaining millennials

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Call them what you want – millennials, Generation Y, the millennial generation – but they are causing established firms and industries huge headaches. The generation that was born in the 1980s and 1990s does not conform to earlier norms, and a failure to understand the shifts that have taken place can have devastating consequences for firms. In particular, the expectations they have around flexibility, support of work–life balance, and corporate social responsibility are far in excess of their forebears, and these expectations are having a huge impact on recruitment and retention of this generation.

Practical implications

The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2017), "No accounting for taste: problems in hiring and retaining millennials", Human Resource Management International Digest, Vol. 25 No. 3, pp. 30-32. https://doi.org/10.1108/HRMID-03-2017-0044