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Well-being at work 20 September 2016

5 reasons why you should hire a millennial

A specialist in well-being at work, Edenred has polled more than 3,500 employees aged below 30 in 15 different countries in collaboration with Ipsos. Below are the findings!

*Millennials are individuals born after 1986, i.e. presently aged less than 30.
 

They are more motivated and more enthusiastic than their elders

Across all the criteria covered by the Barometer concerning life at work, millennials’ satisfaction exceeds that of their elders: interesting job (+ 6 points), enjoy coming to work in the morning (+ 4 points), balance between work and private life (+ 4 points), consider that they work in a stimulating environment (+ 7 points). 26% of them claim that their motivation at work is increasing, i.e. 11 points higher than for employees aged over 30.

They are a generation that is hyperconnected to technologies … and to their company

Hyperconnected to technology, an employee below the age of 30 will also be hyperconnected to his or her work environment, and will want to work as part of a team. According to the Barometer, millennials feel that they are working in a trusting and supportive environment. 39% can count on their colleagues to support them (versus 28% for over-30s), and 35% feel respected by their management (versus 28%).

They have clear expectations of their employer

Unlike their elders, millennials’ priorities focus on the individual and his or her professional development. When asked about their ideal company, they primarily want it to acknowledge their commitment and allow them to develop. In fact, rewarding effort ranks first (recognition of effort is the top expectation for 57% of millennials versus 62% for employees over 30), followed by development opportunities (38% and 34% respectively). Working conditions are considered half as important as recognition of effort; the desire for a less hierarchical organization comes in last place.

They are more appreciative of their superiors

Contrary to popular preconceptions, the under-30s have a stronger feeling of being respected by their managers. 35% feel respected by their management, versus 28% for over-30s. What are they mainly looking for in a manager? Frankness is the most sought-after quality for 62%, followed by fairness (61%) ahead of ability to keep commitments (59%).

They believe in the future of their company

Even in today’s difficult economic climate, employees aged under 30 are more positive about the future of their company than all other employees. 26% are completely confident, versus 18% for the over-30s. Millennials also feel that they are better managed since they are respected by their management, and consider that their management is attentive to their skills and training (31% versus 21% for their elders).​

 

 

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 52 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking and commuter solutions) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.

Edenred’s 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day. 
In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.

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Matthieu SANTALUCIA

Media relations

By phone: +33 (0)6 83 54 12 10