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Millennials, those born between 1980 and late 1990s, have proven to be quite a different generation when it comes to how they're managed in the workforce. Take the recent resignation dance video from disgruntled 25-year-old employee Marina Shifrin, who quit her job at Next Media Animation because she sacrificed "relationships, time and energy." The video received over 15 million page views and Marina was offered a job at Queen Latifah's new talk show only days after the video went public.
So how do Millennial employees needs to be managed? A recent poll by Refresh Leadership puts freedom and flexibility as a must for this generation, as 45 percent of Millennial employees would choose workplace flexibility over pay. And since each turnover costs an employer between $15,000 and $25,000 to replace, business leaders need to understand that the organization may be playing a role in their exit.
Maximize the potential of these tech-savvy multitaskers for your company's digital marketing strategies and understand that Millennials are motivated by more than just money. Create a work environment that is comfortable with constant feedback and check-ins to recognize an employee's performance. And if you find that a worker is unhappy in your organization, find out through meetings, interviews and anonymous surveys.
Manager, Job Board Operations
Users Sue LinkedIn, Accusing Site of 'Hacking' Users' Email (Bits blog)
Four LinkedIn users have accused the site of "hacking" their email accounts to spam their contacts with invitations to join the network. LinkedIn has denied the charges, and Bits blogger Vindu Goel says that a confusing interface may be to blame. "It's not hard to see how someone new to the service could accidentally send an invitation to everyone they know, including casual acquaintances and people they would rather not connect with ever again," he said.
Mizzou Grad Quits Job With Dance Video (Mediabistro / MediaJobsDaily)
A woman who had worked for the Taiwan-based Next Media Animation (famous for making intentionally poor CGI reconstructions of current events) quit her job with a dance video posted to YouTube, which has since received almost 15 million views. The company's response video features staff members wishing the woman well -- and has received a not-too-shabby 3.8 million views.
Temp and Contingent Labor Still Growing in 2014 (Monster)
The trend of hiring temps and freelancers instead of permanent employees is likely to continue in 2014, a new report says. But some media companies are burned out. "There's a time and a place for contingent," says Christine Stack, director of talent acquisition at media agency MEC in New York City. "But we don't use contract workers anymore."
Three in Four Candidates Will Accept a Lower Salary to Work at a Good Brand (The Hiring Site)
It will cost a company 21 percent more to lure a candidate not enamored with the company's brand, according to Careerbuilder. And 90 percent of candidates won't even apply at a company if they feel its brand is unattractive. If you've got a branding problem, now's the time to step it up.
Middle-Class Retirees Are Going Back to Work -- Flipping Burgers (Bloomberg)
About 7.2 million Americans 65 and older held jobs last year, a 67 percent increase from a decade ago. And the median 401(k) balance for households ages 55 to 64 is just $120,000. Even formerly middle-class workers are finding they don't have enough money to retire.
Expecting to Sort Through a Lot of Candidates? Ask for a Joke (Inc.com)
One CEO says that one way to weed out unqualified candidates is to ask candidates to submit a joke with their application. The ones who fail to do so didn't read the ad, and the ones who send inappropriate jokes can also be disregarded. "While we might get great resumes, unless they're going to pay attention to the directions, we're not going to look at them," she says.
Why Are 60% of Millennials Leaving Their "Dream Jobs"? (The Hiring Site)
You broke your promises, you're not offering flexible working hours or you're not giving them room to grow. If you're making these mistakes, then the "Millennial job-hopping attitude" might actually be your company's fault.
The 3 Common Hiring Practices That Are Totally Wrong (TLNT)
It's time that a few common hiring myths were busted. For example, it's not always true that referrals make the best candidates or that experience is better than no experience. Make sure to never fall victim to these over-used hiring practices.
--Compiled by Rachel Kaufman, co-editor, MediaJobsDaily.com
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