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The Ultimate Guide to Successfully Hiring and Retaining Millennials & Gen Z

Attract and retain top millennial and Gen Z talent with this comprehensive guide on 21 successful hiring strategies. Learn how to foster a culture of transparency, offer unique perks, provide onboarding support, recognize achievements, and more. Get the tools you need to create an environment that appeals directly to these generations.

Unlocking Gen Z Potential: How to Create a Workplace Environment that Values Progress

Who are these generations?

Hiring and retaining top millennial and Gen Z talent can be a challenge for many managers. Despite this, it is possible to create a successful working environment that is attractive to this younger demographic. It just takes work. And knowing a little bit about what millennials and Gen Zers value.

This guide will give you the tools you need to successfully attract and keep the best millennial and Gen Z talent.

But, before I provide the strategy, let’s take a short detour and learn some key facts about these two younger demographic groups.

Millennials: Millennials were born between 1981 and 1996. They are tech-savvy, value job satisfaction over salary, and often prioritize work/life balance.

Gen Z: Gen Z was born between 1997 and 2012. They are extremely tech-savvy and entrepreneurial, value meaningful work experiences, and actively seek out diversity and inclusion in the workplace.

Now, lots of data differ when it comes to the age ranges of these two groups, but for the sake of this guide, these are the dates that we will be using to define millennials from Gen Z.

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Millennials and Gen Zers see the world and the workplace differently from every other generation.

This is why it is important to understand their needs and desires when it comes to hiring, retaining, and developing top talent. They are the future of your workplace, and they could very well be your next top performers. And they’re your secret weapon against your competition. So, let’s dive in.

1. Understand the needs of millennials and Generation Z

Both millennials and Gen Z, those born after 1995, are unique in that they have never known a world without the internet. They are digital natives who have always had technology at their fingertips, and this has shaped the way they think and behave.

For example, millennials and Gen Z are more likely to be collaborative and communal in their work. They prefer working in teams and are more comfortable sharing information and ideas. They also have a strong belief in the power of technology to change the world for the better.

This generation is also more likely to be entrepreneurial. They are not content with working for someone else – they want to start their own businesses and make their own mark on the world. And they are not afraid of change – they embrace new technologies and ways of doing things.

All of these traits make millennials and Gen Z ideal employees – they are innovative, collaborative, and adaptable. Businesses would be wise to tap into this talent pool and hire more millennials and Gen Zers.

2. Identify your company's culture and values

At Indiviti, we believe that our culture and values are the foundation of our success.

We work hard to ensure that our culture is one that is collaborative, innovative, and customer-centric.

We believe in putting our customers first, and we are always looking for ways to improve our products and services to meet their needs. We also believe in working together as a team to achieve our goals, and we are constantly looking for ways to foster a collaborative environment.

Our values are based on integrity, respect, and accountability, and we work hard to ensure that we live up to these values every day. We believe that these values are what set us apart from our competition, and they are what help us achieve our goals.

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This comprehensive guide repackages and simplifies 21 tried-and-true successful hiring strategies into one easy resource that provides all the tools and guidance you need to create an environment that appeals directly to these generations.

3. Create a recruiting process specifically for these generations

The recruiting process that attracts millennial and Gen Z talent is one that is fast, efficient, and user-friendly. By using technology to its advantage, recruiters can quickly and easily identify the best candidates for the job.

Websites and online applications make it easy for candidates to apply for jobs with the click of a button. And by using social media platforms to advertise job openings, recruiters can reach a large number of potential candidates.

In addition to using technology to streamline the process, it’s important to create an environment that is attractive to millennials and Gen Zers.

Companies that are forward-thinking and offer unique benefits, such as flexible work hours or a casual work environment, are more likely to attract these types of employees. And by offering training and development opportunities, companies can show employees that they are invested in their professional growth.

Overall, creating a recruiting process that appeals to millennials and Gen Zers is essential for attracting top talent. By using technology to its advantage and showcasing what makes your company unique, you can make sure your business is poised for success in the years to come.

4. Foster an inclusive work environment for all

Generational diversity in the workplace can be a challenge for some employers, but it can also be a great opportunity for growth. By understanding the different generations and what makes them unique, employers can create an inclusive work environment that benefits all employees.

The oldest generation in the workforce is the baby boomer. They have a wealth of knowledge and experience that can be invaluable to the workplace. They are also often more loyal to their companies and have a strong work ethic. Next, we find Generation X, which is the bridge between the boomers and millennials. And lastly, we arrive at millennials and Gen Z––the youngest and most tech-savvy generations to enter the workforce.

All of these generations come with their own unique strengths and weaknesses that can be beneficial or challenging in the workplace. This is why it’s important for employers to understand how to create an environment where all employees feel valued and appreciated.

Here are some ideas for creating a more inclusive workplace include:

  • Encouraging open communication among all generations
  • Creating opportunities for mentorship and collaboration
  • Offering flexible work arrangements
  • Promoting professional development opportunities

5. Use technology to streamline the hiring process

Technology has made it easier than ever for businesses to streamline their hiring processes. By using online tools, businesses can now collect and review applications, conduct interviews, and make decisions all online.

This not only makes the process faster and more efficient, but it also makes it more accessible for job seekers.

Businesses that are looking to hire can use a variety of different online tools to help them in their search. And to get you started, here are four websites that can help streamline the hiring process:

LinkedIn Jobs––this job search platform allows employers to post jobs, read reviews, and connect with potential candidates.

Indeed Jobs––this website helps employers find qualified job seekers and offers tools for online interviewing and scheduling.

Glassdoor––this website lets employers post open positions, read reviews from employees and applicants, as well as research salaries.

ZipRecruiter––this job search platform helps employers post jobs and allows candidates to apply directly.

6. Offer flexible and remote work options for employees

Working 9-5 might have been the norm in the past––and it might have made Dolly Parton famous––but times are changing. And it’s about time.

Millennials and Gen Z are increasingly seeking out flexible and remote work options because they believe that profits don’t always have to come at the expense of their health or their happiness. Hence the rise of the gig economy, remote teams, and Zoom meetings.

For the first time in history, employees can oversee projects while vacationing in Bali, or attend meetings from the comfort of their own homes. So, why would they settle for a company that keeps them trapped in the same town with the same people for twenty years? 

7 Steps to Make Your Company Ready for Generation Z

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This comprehensive guide repackages and simplifies 21 tried-and-true successful hiring strategies into one easy resource that provides all the tools and guidance you need to create an environment that appeals directly to these generations.

7. Offer mentorship programs throughout your company

The need for mentorship has never been greater in today’s workforce.

Mentoring programs can provide invaluable support and resources to employees just starting out, as well as help existing employees grow and develop in their professional roles.

For employers looking to hire and retain top millennial and Gen Z talent, introducing a mentorship program is an excellent way to demonstrate their commitment to fostering a positive workplace culture.

Not only do mentor-mentee relationships help build trust and loyalty, but they can also foster an atmosphere of collaboration and open communication.

In fact, just look at any tech giant today––Google, Apple, Amazon––they all have one thing in common: they all have robust mentorship programs.

By introducing a mentorship program that is tailored to the needs of their employees, employers can create an environment where top millennial and Gen Z talent can thrive. 

8. Showcase your company's commitment to sustainability

For employers, it is essential to find ways to successfully attract, hire, and retain this talent. There are a variety of strategies that businesses can implement to ensure they’re hiring the best employees and keeping them engaged long-term.

One of the most effective strategies is to showcase their commitment to sustainability. Millennials and Gen Zers are passionate about social and environmental issues, so they want to work for companies that are actively taking steps to reduce their carbon footprint and make a positive impact in the world.

By highlighting initiatives such as renewable energy, green building, recycling programs, and carbon offsetting, employers can show that they value sustainability and demonstrate their commitment to the future of the planet.

If you’re willing to make the commitment to sustainability, you’ll be rewarded with some of the best millennial and Gen Z talent around.

Plus, you’ll have the added benefit of knowing that you’re helping to make a positive ecological impact. And that’s a win-win for everyone involved.

9. Provide opportunities for creative expression

Creativity is key for employers looking to recruit and retain top millennial and Gen Z talent.

These generations are driven by their passions and want to work for companies that provide them with opportunities to express themselves creatively.

Think about it––young people today are used to having access to streaming platforms, podcasts, blogs, and more.

So, when they enter the workplace, they want to be able to continue to share their ideas, passions, and perspectives. And what better way to do that than through a job that encourages creative expression?

Here are a few ideas to get you started:

• Host a monthly “creative day” where employees can take breaks to pursue their passions.

• Organize events that allow employees to showcase their work and talents.

• Encourage participation in creative activities such as writing, painting, music, etc.

• Offer generous vacation time so employees can explore their creative side while traveling.

• Provide access to books, magazines, and other materials to inspire creativity.

10. Leverage engaging team building activities

Team building activities are huge for employers looking to hire and retain top millennial and Gen Z talent.

Millennials are all about collaboration, communication, and working together towards a common goal. And Gen Zers are all about inclusion, diversity, and having fun in the workplace.

So, you can’t go wrong when you offer engaging activities that encourage teamwork. Plus, the added bonus of having fun together is always a plus!

Here are a few ideas that will be a hit with your millennial and Gen Z employees:

  • Go on a virtual scavenger hunt.
  • Hold an online cooking class or competition.
  • Organize an outdoor adventure day.
  • Plan a movie night.
  • Play a virtual trivia game.
  • Try a virtual escape room.
  • Organize a virtual painting party.

By providing activities like these, you’ll give your team the opportunity to bond and have fun together––all while increasing morale and productivity in the process.

11. Be transparent about policies and procedures

One of the biggest turnoffs for millennial and Gen Z job seekers is a lack of transparency. They want to feel like they can trust their employer and be able to have an open dialogue about policies and procedures. These generations want all the cards on the table so they can make informed decisions and feel empowered in the workplace. Hence, their interest in your policies and procedures.

Now, you can provide this information in a variety of ways. For example, you can have an open policy forum where employees can come together to discuss issues and ask questions. You can create a FAQ page on your website with detailed answers to common questions. Or, you can even offer an online training program with videos, quizzes, and interactive learning activities.

The point is that you’re transparent. You’ll be the world’s best boss because you’ve fostered an open business. 

Get all 21 Tips to Your Inbox

This comprehensive guide repackages and simplifies 21 tried-and-true successful hiring strategies into one easy resource that provides all the tools and guidance you need to create an environment that appeals directly to these generations.

12. Promote work-life balance

Millennials and Gen Zers value a positive work-life balance. This includes having flexible schedules, paid time off, and other perks that help employees manage their workloads while still having time to unwind and take care of personal needs.

Employers can provide these types of benefits to show their commitment to supporting their employees’ well-being.

In addition to providing benefits and perks, employers should also establish clear boundaries between work and home life.

This can include having a set end time for the work day or ensuring that employees are not expected to respond to communications after hours.

By doing this, employers can help create an environment where employees feel like their personal lives are respected and valued.

And by promoting work-life balance, employers can create an attractive environment that appeals to millennial and Gen Z talent. This is a great way to ensure top talent is happy and productive in the workplace.

13. Provide training and development opportunities

Millennials and Gen Zers value continuous learning and development, so it’s important for employers to provide training and development opportunities in order to attract and retain top talent.

Employers should create formal and informal learning opportunities that allow employees to develop new skills, stay up-to-date on industry trends, and grow in their careers.

In addition to providing training and development programs, employers should also consider offering mentorship programs or other learning initiatives that provide more personalized support.

This can help ensure that employees are supported as they develop their skills and grow in the workplace.

By providing training and development opportunities, employers can create an attractive environment that appeals to top millennial and Gen Z talent.

Not only will this help attract the best and brightest, but it will also help ensure that employees remain engaged and committed to their work––and loyal to your company.

14. Take an interest in their personal growth

Millennials and Gen Z employees are often looking for more than just a paycheck. They want to feel valued and recognized, and they are motivated by the prospect of personal growth.

As a manager, it’s important to foster an environment where staff feels their skills and accomplishments are appreciated by their employer. This could be done by offering them opportunities to attend conferences or industry events, providing them with training and mentorship programs, and recognizing their achievements.

By taking an interest in their personal growth and giving them the tools they need to succeed, you can help retain top talent for years to come.

15. Consider wellness programs & mental health initiatives

Millennials and Gen Zers are two generations that employers must understand if they want to attract and retain top talent. Both generations value work-life balance, access to important information, professional networking websites, training and development opportunities, and wellness programs & mental health initiatives.

When it comes to work-life balance, employers should consider offering flexible schedules, remote work opportunities, and vacation policies that allow employees to take the time they need to recharge.

Additionally, employers should consider creating wellness programs that provide employees with access to mental health resources and offerings like mindfulness classes, yoga sessions, or meditation retreats.

By providing these types of services, employers can create an attractive environment that appeals to top millennial and Gen Z talent. This is a great way to ensure that employees have the tools they need to remain productive, engaged, and motivated in the workplace.

16. Allow room for autonomy and self-direction

Millennials might be known for wanting to work in teams, but Gen Zers often prefer autonomy and self-direction. So, before you start knocking walls down and creating open office spaces, take a step back and consider how to create an environment that also works for those on your team who want more privacy.

You’ll have plenty of employees who prefer collaborating and pairing up for projects, but there are some who may be more productive when they work independently––and have the freedom to do so.

Plus, allowing room for autonomy and self-direction will also work well for your Generation X employees. They also prefer to work independently and crave a sense of control over their projects.

This leads us to our next point.

How You Can Profit From 4 Different Generations in The Workplace

17. Offer unique benefit packages and perks

When it comes to attracting and retaining top millennial and Gen Z talent, it’s not always about the salary or the job title.

It’s imperative to offer a competitive benefits package, but it’s also important to offer unique perks that will help your employees feel valued and appreciated.

You can offer perks like tuition assistance, gym memberships, and Netflix subscriptions. The ideas really are endless, but here are some ideas to get you started:

  • Offer flexible work arrangements like remote work, part-time hours, and job sharing
  • Provide employees with access to health and wellness benefits
  • Offer meaningful rewards such as extra vacation days or an annual bonus
  • Use technology to create a more efficient and enjoyable workplace
  • Invest in career development opportunities and skill-building programs

18. Foster an environment of mutual respect

Regardless of the generation, mutual respect is something all employees appreciate and value.

It’s important for employers to create an environment that values everyone’s opinions, encourages collaboration, and respects diversity––especially in a multigenerational workplace.

By fostering an environment of mutual respect, employers can create a safe and healthy work environment that appeals to top millennial and Gen Z talent.

Here are some things to do if you want to create an environment of mutual respect:

  • Facilitate honest and open communication.
  • Encourage different perspectives in the workplace.
  • Lead by example.
  • Promote a culture of collaboration.
  • Celebrate successes.
  • Practice active listening.
  • Show appreciation for a job well done.

19. Connect with universities for recruiting purposes

Millennials and Generation Z are the two emerging workforces in today’s job market, and managing these groups effectively is essential for any company that wants to succeed.

Hiring and retaining top millennial and Generation Z talent can be a challenge, but there are many strategies that managers can utilize to ensure success. One such strategy is connecting with local universities and colleges to recruit young talent.

Reaching out to local universities and connecting with career centers can provide an abundance of talented, driven individuals that are eager to join your organization.

Working with these educational institutions allows you to target potential applicants who may not have otherwise been exposed to your job openings. Additionally, working with universities or colleges can give your organization some positive publicity, as young people are often eager to tell their peers about the companies they’re working with.

20. Provide options for a career change and advancement

If you want to keep your millennials and Generation Z workers engaged and motivated, it’s important to provide options for career advancement. This can include offering internal promotions or additional job responsibilities with increased pay.

People don’t want to feel stuck in a dead-end job. This is why it’s important to give employees a chance to grow and develop their skill sets outside of their current roles. You can offer them to chance to cross-train, transfer laterally, or apply for higher-level positions.

The point is to make them know that they have options and that you’re interested in helping them develop their careers. By offering these options, you send a strong message that your organization values its people and is invested in their future success.

21. Let employees know their opinions matter

Lastly, it is imperative to make sure that your millennial and Gen Z employees feel heard and appreciated. Show them that you value their opinions and ideas by regularly eliciting feedback from them and incorporating their suggestions whenever possible.

You can conduct regular surveys, focus groups, or round-table discussions to get a better understanding of how your workers are feeling about the workplace and the changes you make.

Millennials and Generation Zers have a strong sense of individuality, so letting them know that their opinions matter can make them feel valued and appreciated.

This will help foster a positive working environment where employees are motivated to do their best work. Such an environment is crucial for any company looking to attract and retain top talent. So, don’t forget to ask questions and listen actively––you’ll be surprised by what you can learn!

Get all 21 Tips to Your Inbox

This comprehensive guide repackages and simplifies 21 tried-and-true successful hiring strategies into one easy resource that provides all the tools and guidance you need to create an environment that appeals directly to these generations.

It is clear that there are many strategies managers can use to successfully hire and retain top millennial and Gen Z talent.

From fostering a culture of transparency to offering unique perks, these 21 ways will help you create an environment where your millennial and Generation Z employees feel valued and appreciated. If you want more assistance with implementing any of the above methods or need additional advice on how to attract young talent, our team of experts at Indiviti would be happy to assist! Contact us today for tailored solutions that fit your specific needs.