Elearning! Magazine: Building Smarter Companies via Learning & Workplace Technologies.
Issue link: http://elmezine.epubxp.com/i/224037
Trendlines High Potentials' Not Universally Accepted According to a survey of more than 450 organizations, the term "high potentials" is not universally accepted. Here are "Agree" responses to the following statements: >> We have no problem using "high potentials." 27% >> We are aware of the negative connotation of "high potentials," but have yet to fnd a better term. 18% >> We do not use "high potentials. 42% When asked how selection of high-potentials programs are seen by employees, here is the breakdown of responses: >> As fair and even-handed 14% >> As fawed, but well-intentioned 24% >> As partial and political 34% The survey was conducted by AMA Enterprise. —More info: American Management Association, www.amanet.org What Do Millennials Want? With the Millennial generation (born after 1980), companies are having to contend with workers whose wants and needs defy tradition. According to an article in docstoc.com, "Direction and specifcity may be lacking from the Millennial business plan, but their drive for success is just as real and tangible as generations past. The diference lies in how they defne that success." Here are some statistics that help defne exactly what a Millennial is: By 2025, Millennials are projected to account for 75% of the workforce. >> 94% do not support the status quo when it comes to the current model of economic and career success. >> 36% say they need to challenge the power of corporations and other special interests. >> 43% say their experience with the recession and corporate bailouts motivates them to create a career in which they defne success for themselves and work according to their own rules. >> 77% expect their personal lives to take precedent over their professional lives. >> While 65% say being successful in a high-paying career or profession is "important," nearly 80% of respondents say their work environment will be more important than the size of their paychecks. >> Only 30% say they're somewhat or very willing to work in an unpleasant environment to achieve career success. >> 70% of respondents say the ability to make their own hours is either somewhat or very important to them when choosing a career. >> 40% of Millennial women say their ideal career would include working from home at some point, while 33% of Millennial men say the same. >> In total, 66% of Millennials say it's somewhat or very likely that they will switch careers in their lifetimes. >> According to the latest forecast of Internet, broadband and social network users worldwide, eMarketer estimates that 1.61 billion people will log in to social networking sites at least monthly, from any electronic device. That's a 14.2% gain on social networker numbers from 2012, and double-digit growth is expected to continue for another year. By 2017, 2.33 billion people will use social networks. The same organization estimates that Facebook, the world's largest social network, will reach a worldwide monthly user base of 1.026 billion this year. The U.S. remains the single country with the greatest number of Facebook users, at 146.8 million this year, and India comes in a distant second. But with India's large population and high expected growth rate, eMarketer believes it will develop the largest Facebook population of any country in the world by 2016. 65% of Millennials are employed either full- or part-time. >> Social Networks to Grow Through 2017 >> >> 57% of employed Millennials have no plans of staying at their current job for the rest of their careers. >> >> 61% say their current job is a springboard to another. Social Network Users Worldwide, 2012-2017 billions and % change 2.33 2.16 1.99 1.82 1.61 1.41 17.6% 14.2% 12.6% 9.5% 2012 2013 2014 ■ Social network users ■ % change 2015 8.9% 2016 7.6% 2017 Note: Internet users who use a social network site via any device at least once per month —Source: eMarketer, Nov. 2013 12 December 2013 / January 2014 Elearning! Millennials will account for 60% of the American workforce by next year. 60% of employed Millennial workers have already switched careers at least once. —Sources: docstoc.com, Center for Women & Business, Pew Research Center, Time magazine