What Do Millennials Want?
Even as accounting and finance programs at colleges nationwide accept record numbers of prospective students, hiring managers at public accounting firms and CFOs in industry claim that hiring a quality young professional in 2015 can still be difficult, due in part to the number of responsibilities that young people are expected to tackle as the older generation — Baby Boomers — starts to retire. It’s this “water, water everywhere” dilemma that faces the future of the industry at the moment, but the answer to hiring and retaining young talent might be simpler than you think.
In an earlier article (“Meet the future of the accounting profession,” June 2015), we delved into the unique position that Millennials occupy demographically and professionally in accounting, and why it’s critical for the profession to understand how they’re different from previous generations, and to recognize how their expectations, desires and skills are different from their predecessors’.
The best way to bridge that generational gap is communication. What do Millennials want and need? Where do most young professionals plan on going over the course of their career? If you hold a managerial position in a firm and have asked these questions yourself, it may be time to stop asking and start listening in order to ensure a successful transition into the future of your business. Read more on Accounting Today.