The Evidence Behind the Work Attitudes of Millennials: Research From Kenexa High Performance Institute Refutes Malcontent Ste...
July 27 2011 - 11:41AM
Marketwired
The Kenexa High Performance Institute (KHPI), a division of global
provider of business solutions for human resources Kenexa (NASDAQ:
KNXA), today revealed its findings on the work attitudes of
millennials. In a white paper titled "Attitude? What Attitude?,"
KHPI shares evidence-based determinations regarding the workforce
generational differences specifically related to managing
millennials.
Today's workforce is comprised of baby boomers (born 1943-1960),
generation X (born 1961-1981) and millennials, who were born
between 1982 and 2003. There are more than 80 million millennials
in the U.S. alone and while many of them are already in the
workforce, the rest are on the verge of entering it. A fair amount
of sensationalistic journalism has heralded the emergence of the
millennials in the workforce, setting expectations that they expect
preferential treatment and are apt to be difficult to manage.
KHPI's research demonstrates quite the opposite. White paper
co-author, Rena Rasch Ph.D. of the Kenexa High Performance
Institute, shared, "Our research indicates the millennials often
stand on common ground with their older counterparts. In some key
areas, the research suggests that the millennials may even turn out
to better employees and -- eventually -- better employers than
their predecessors."
Tracking more than 25 years of opinions through its annual
WorkTrends™ study, an international survey that in 2011 included
more than 30,000 people across the working-age spectrum in 28 of
the world's most powerful economies (including Canada, China,
Brazil, France, Germany, India, Italy, Japan, Russia, Spain, the
U.K. and the United States), KHPI uncovered that 60% of millennials
are extremely satisfied with their employers. Even more -- 63
percent -- report that they have opportunities for growth and
development at their companies. In contrast, baby boomers cite
their overall satisfaction levels at 54 percent and only 49 percent
when it comes to growth opportunities. Generation X tracks
similarly at 54 percent and 51 percent, respectively.
KHPI Research Manager Rasch commented, "The differences between
millennials and their older counterparts are shockingly slight. HR
professionals and managers should take heart -- there are huge
opportunities to be capitalized on when it comes to leveraging the
positive outlooks of millennials."
A complimentary copy of KHPI's findings on the millennial
workforce can be downloaded here.
About KHPI The Kenexa High Performance
Institute (KHPI) features a multidisciplinary team of highly
qualified professionals. From offices in London and Minneapolis,
Minn., executive directors, Tony Cockerill, PhD and Jack Wiley,
PhD, oversee rigorous, global and innovative research and
development programs, spanning all aspects of human capital
management. In addition to white papers, KHPI produces books,
academic papers for top journals, and helpful practitioner
articles. For more information, visit www.khpi.com
About Kenexa Kenexa® provides business
solutions for human resources. We help global organizations
multiply business success by identifying the best individuals for
every job and fostering optimal work environments for every
organization. For more than 20 years, Kenexa has studied human
behavior and team dynamics in the workplace, and has developed the
software solutions, business processes and expert consulting that
help organizations impact positive business outcomes through HR.
Kenexa is the only company that offers a comprehensive suite of
unified products and services that support the entire employee
lifecycle from pre-hire to exit. Additional information about
Kenexa and its global products and services can be accessed at
www.kenexa.com. Follow Kenexa on Twitter: @kenexa.
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