Libman Tax - September 2019

Maria’s Corner! My New Favorite (and Adam's Least Favorite) Show

You might have heard people call millennials lazy, entitled, and afraid of long-term commitments, but that trend is starting to shift. Today, businesses can’t afford to write off millennials because they actually make up a major percentage of the workforce. According to the Pew Research Center, there were 56 million millennials either working or looking for work in 2017, making up 35% of the labor force. When so much of the country’s available labor is part of one demographic, you must ask yourself this question: How do I get millennials to work for me? CATER TO THE INDIVIDUAL Millennials don’t want to be just another cog in the machine. They want to work somewhere that values their unique skills and lets them use those skills effectively. When seeking millennial talent for your company, highly specific job listings will attract exceptional employees. Once they’re on board, be sure to nurture their skill set. Give them a chance to grow with your company, and they’ll be sure to stick around. DITCH THE 9-TO-5 STANDARD Offering more flexible work hours is a start, but if you really want to attract millennials, then your entire work environment should embrace modernity. Have the latest tech and tools for day-to- A couple weeks ago, I was browsing Netflix in search of a new show. Now that “Game of Thrones” is officially (and sadly) over and the kids are back in school full-time, I decided it was a good time to find a show I could really sink my teeth into. During my search, I came across “Tidying Up with Marie Kondo,” a series that follows entrepreneur and best-selling author Marie Kondo as she travels from home to home, assisting clients in clearing out the clutter in their homes and lives. This show took the world by storm when it first aired in January of this year. Millions of viewers have taken Kondo’s advice to heart by following her KonMari method which entails decluttering their house by throwing out items that do not spark joy in their hearts. With a little more free time on my hands this fall, I figured it was the perfect time to put Kondo’s KonMari method to work. The kids have piles upon piles of toys that aren’t good for anything except hurling at one another, so I started there. I then moved on to Adam’s and my closet. After donating all of my old clothes that no longer spark joy, I started going through Adam’s things, which as you can imagine he didn’t like. He has purchased a T-shirt at every concert he’s ever attended, and all they do is take up space 3 Tips for AttractingMillennial Employees

in our closet. So, with those heaps of shirts, along with jeans from back when he was in college he still swears he will fit into again one day, I have a good start on getting rid of all the unnecessary clutter. Adam still comes home every day and tries to negotiate which pair of ratty old jeans he can keep, conversations we both know he will lose! If you are looking for a new show to watch or motivation to get your house clean and tidy, “Tidying Up with Marie Kondo” is one you should definitely check out! Your spouse might end up hating it, but it’s still a joy to watch!

Recognition, Flexibi lity, and Purpose

day operations, offer frequent opportunities for promotions and raises, avoid micromanagement, and give your young employees room to learn and grow.

CREATE A SENSE OF PURPOSE

More than anything, millennials are looking for some level of personal fulfillment — not just a paycheck. Create a brand story and work culture that expresses a greater purpose for prospective employees to get behind. Set high standards for the culture you want to create and maintain those standards. If you do this right, the talent you’re looking for will come to you. Just because millennials want more flexible work schedules and individual recognition doesn’t mean they aren’t willing to work hard. In fact, the opposite is true. By adapting your company culture to suit their lifestyle preferences, you can make sure your younger employees take an interest in your business and stick around.

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