Did you know that millennials have surpassed Generation Xers to become the largest cohort within the United States labor force? Additionally, akin to previous generations, they have unique expectations from their employers and work life, which are fundamentally reshaping the workplace. Unlike their predecessors, millennials exhibit no reluctance in seeking new job opportunities if they find their current ones unsatisfactory. In fact, Gallup estimates that millennial turnover costs the U.S. economy a staggering $30.5 billion annually.

Millennials are catalysts for change, actively challenging conventional norms and systems. They champion innovative approaches and envision new possibilities for how things can be accomplished. Their drive for transformation extends beyond surface-level improvements; they seek to address the underlying issues and drive meaningful progress.

Moreover, millennials tend to place a high value on purpose, meaning, and social impact in their work and lives. They are driven by a desire to create a positive difference and seek environments that align with their values. This inclination towards change stems from their aspiration for a better future and a genuine belief that it can be achieved.

As a result, millennials often champion causes such as sustainability, diversity and inclusion, work-life balance, and social justice. They actively seek out organizations and leaders who share their vision and are willing to challenge conventional practices to effect meaningful change.

In parallel to the drive for change by millennials in the workplace, HR professionals must embrace a similar mindset. Merely making incremental improvements is no longer sufficient; they must strive for meaningful and impactful transformations.

It is crucial for HR leaders to recognize that they need not be millennials themselves in order to initiate change. The ability to drive transformation goes beyond generational boundaries. Speak to our consultants on how you can move towards the future by riding this wave of change.