We've got an update for you on an old article from last year. Check it out and let us know what you think!
Invigorate your business by hiring new grads. Why? Demographic experts have already warned businesses that the old reliable boomers are about to retire en masse. That leaves fewer people with the skills you need to keep your business functioning at top performance. In fact, many experts predict that by the year 2025 about 75 percent of the workforce will be Millennials. That’s only 11 years away! The longer you wait to start hiring those fresh graduates, the harder it will be as time goes on, due to high competition for this specific group. But, there are other equally compelling reasons to get a head start now.
Take Advantage of New Skills
Millennials grew up with iPods, smartphones and tablets. They are highly connected with a big skill set in technology usage. They have novel ways of doing things and can literally reinvigorate the way you do business. They are excessively team-oriented, which makes them ideal for collaborative projects. Where are the next big business ideas bound to come from? A fresh graduate job candidate that is just now getting out of school. Millennials are bringing creative new ideas to the forefront as they find a way to contribute in ways unique to their generation.
Get a Bargain at the Same Time
When you post an entry level job to attract a Millennial, you will also end up starting at the lower end of the pay scale. You will have time to train them the way you need them to work and they will be grateful for the experience. By the time employers are starting to wake up to the fact of stiff competition for these new grad jobs candidates, you will already have a stable of loyal workers available at cheaper rates. In this way, it's the same idea as buying in bulk now to save later.
Find out more about hiring Millennials for your new grad jobs by contacting FirstJob.com.