Mistakes Made By Business Firms While Hiring Millennials

1. Mistakes Made By Business Firms While Hiring Millennials India 24/7 Hotline. Tel: +91 8010772772 vijay@ cornerstone.co.in

2. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e Millennials are generally known for their impatient behaviour and their tendency to jump from one job to another within a moment’s notice. At the same time, brands and business cannot hope to grow and succeed without the support of the technologically advanced, socially conscious and fiercely competitive millennials.

3. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e In fact, it would not be wrong to state that not only have the millennials redefined the norms but have also changed the way people perceive their jobs. According to the top executive search consultants, it is the search for job options which satisfy their financial, intellectual and creative needs that leads the young professionals to hop between jobs.

4. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e Given below are the top mistakes that business organizations make while hiring such professionals, which in turn minimize their retention rates. • Not Providing Detailed Job Descriptions • Trying To Woo Them With Fat Salaries • Using Too Much Of Corporate Jargon • Not Presenting Enough Challenges To Them

5. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e Not Providing Detailed Job Descriptions It is not uncommon for the hiring organizations to use heavy vocabulary to impress prospective candidates. But this is done at the cost of providing a detailed account of what the job actually entails. This makes it really difficult and even confusing for the young professional to understand the exact requirements of the job.

6. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e This can in turn prove to be a great turn off for prospective candidates and may even cost the organization in terms of a wrong hire. Trying To Woo Them With Fat Salaries Unlike the generation Y professionals, money is not the most important factor that attracts millennials towards a job option.

7. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e While they surely do love fat pay checks, they also seek a wide range other benefits from a prospective job. These include the general work environment within the organization, flexibility of timings, scope of work and diversity of clients as well as the potential opportunities for career growth.

8. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e For most young professionals a good job option that satisfies all the above needs in addition to providing a great compensation. Using Too Much Of Corporate Jargon Most millennials appreciate recruitment professionals who tend to use simple language to explain the various aspects of a job profile.

9. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e This not only makes them feel more at home with their prospective employers but also helps them establish a friendly connection with the recruiters. On the other hand, the extensive use of corporate buzzwords and jargon makes the whole recruitment process seem pretentious and hollow to the millennials.

10. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e At the same time the top recruitment firms in India advice their clients against presenting a “toocool” picture to the young professionals as this might make them doubt the growth potential and sincerity of the company. These challenges can be in terms of testing the cognitive, problem-solving, communication and creative skills of the millennials.

11. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e Not Presenting Enough Challenges To Them The young professionals today, love to feel constantly challenged as they believe that it helps them to grow personally as well as professionally. That is why it is important for the hiring organizations to ensure that the jobs they offer to such professionals present challenge them at various levels.

12. T Ti ip ps s F Fo or r S St tr ri ik ki in ng g T Th he e R Ri ig gh ht t F Fa am mi il ly y B Bu us si in ne es ss s P Pr ra ac ct ti ic ce e Lack of such challenges on a regular basis makes the job less interesting for the young professionals. This often leads them to seek other options where they are constantly pushed to the edge for enhanced learning.