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About to Graduate? What to Know about the Changing Workforce

- March 17, 2016
Everything millennials need to know

If you’re about to graduate and enter the professional job market, you may as well know that the world you’re entering differs in vast ways than the one your parents witnessed. That doesn’t mean you should ignore their advice, but it does mean that you’ll navigate a new career landscape. Keep your eyes and mind open in order to determine the moves that work for you.

Most millennials (your colleagues and competitors) are still psychologically recovering from the recent recession. This, unfortunately, has left millennials in a state of shell shock and risk-aversion that their parents never wrestled. As a result, the habits and practices of these young workers, and the companies that hire them, are changing. Here are a few trends to keep an eye on.

Millennials don’t like risk

You might be fearless about risk, but if you are, you stand out from the rest of your age demographic. According to a Bloomberg study, young people in their 20s and 30s are extremely cautious with their investments, including investments of both money and time. Millennials are more likely to hold onto cash reserves instead of trusting the stock market, for example. And they’re typically afraid to leave their jobs in order to seek out better jobs. This last move hurts them on two fronts: When desperation pushes you to cling to a second rate job, you may not see the opportunities that are opening all around you. Meanwhile, years may be passing in which you could be earning more, learning more, and moving forward. So break this trend. Take a deep breath and have faith in your ability to land on your feet. Then expose yourself to a higher level of risk and reward.

Workplaces are changing to court millennial employees

Even though some young workers have their heads down, opportunities are opening up right now in almost every industry. Hiring managers are actively seeking those young, risk-averse millennials who may be hiding in their burrows, afraid to make a move. How is this happening? Open-format workplaces are popular among millennials, so employers are implementing them. Flexible scheduling and remote connectivity are also hot, so they’re increasingly on offer as well. If you’re interviewing with a potential new employer, tell them what you want. They may surprise you by offering exactly what you ask.

Teamwork really does make the dream work

Google decision makers recently set out to determine the elements that contribute to the “perfect” team, and their discoveries confirmed what common sense suggests: Millennials (like most employees) thrive in an environment that’s supportive, not critical, and built on a foundation of trust. Hold your employer to this high standard, and do your best to live up to it as well.

The rise of blind hiring

A growing number of employers are attacking biased hiring at the root by conducting the candidate selection process “blind,” or interviewing candidates without knowledge of their appearance or any other factors that can unconsciously influence a decision.

You don’t have to put up with (fill in the blank)

In today’s marketplace, if your current employer isn’t respecting your effort and sacrifice, you don’t have to stay where you are. If you’re being mistreated, underpaid, exposed to a dangerous workplace, pushed to maintain a 24/7 schedule, or simply not being offered a promotion you’ve earned, it’s time to go. Too many employers are now recognizing the talent and ambition that millennials have to offer, and they’re willing to create the work arrangements millennials want and need. Despite what you might imagine, you do NOT have to settle. So don’t stand still. Sometimes we need to let go in order to move forward, so start polishing your resume and preparing for a change. The resources at MyPerfectResume can help you get started.

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