At Cardinal Financial Hawaii I’m looking to build a team of young professionals that want to take over and conquer the mortgage world.
Recent studies show that millennials will have, on average, 15-25 jobs in their lifetime. That number is considerably more than those of us baby boomers and Gen Xers. With the real-world cost in the tens of thousands of dollars to replace each millennial employee, the thought of hiring a new young workforce can be a frightening prospect for some employers.
That’s not how I see it, however. I view millennials as more proactive and ambitious in their hunt for a job than previous generations. This can only mean there is an incredibly massive pool of hungry young talent looking for the right opportunity. At Cardinal Financial Hawaii I’m looking to build a team of young professionals that want to take over and conquer the mortgage world.
So, let’s assume a prospective employer has had some success capturing the attention of this young and hungry workforce, the question now is, how do you keep them? Contrary to popular opinion, millennials are not unambitious or lackadaisical employees.
I believe they simply have a clearer idea of the career progression and workplace goals they ultimately wish to accomplish.
As we begin the challenge of attracting and hiring our popular young workforce in 2019 and beyond, here are some interesting things you need to know before you even entertain the idea of recruiting them.
- By 2020 millennials will form more than 50 percent of the global workforce.
- 75 percent of millennials say the internet is their main source of reliable information.
- Seven in ten millennials are open to new job opportunities right now.
- Millennials routinely use their own technology in the workplace.
- Millennials use smartphones to browse job opportunities and apply online.
Since millennials have essentially grown up with much of the technology us baby boomers and Gen Xers have learned in the workplace, it’s interesting to note that millennials would be the first generation to enter the workplace with a better grasp of key tools than more senior and established workers. Therefore, a technology-based platform would be key to attracting such young talent.
If you can agree with some of the aforementioned assessments, clearly one of the most important traits of millennial workers is that they are an ambitious group. Career progression and personal development are key factors for any prospective employers. In order to keep employees invested in your company make sure you set a clear path for them, so they know what the next steps are toward recognition and success.
The final piece of the equation would be to make sure you have a relaxed and inviting working environment. Millennials tend to shy away from the traditional corporate office experience. You’ll need to make sure that you can offer a fun-filled and social working environment while maintaining the desire to build and firmly establish a positive culture when entertaining these exciting new prospects. In fact, 95 percent of millennials say work/life balance is necessary along with flexible working hours rather than the standard workweek.
At Cardinal Financial Hawaii we offer all of those things and more.
Cutting edge technology-based platform, hands-on training and education, clear career progression goals with personal development standards, flexible hours, fun and social working environment and most importantly the ability to earn a fantastic income, which in turn allows for a work/life balance.