Majority of Millennials consider use of technology when evaluating current or future employers

A company’s technology capabilities plays an important role in attracting the best talent especially for younger employees. The role of technology seems to be more of a factor today when compared to previous years – in 2015 and 2017, 65% and 67% of Millennials, respectively, reported technology being a factor in the employment decision. Younger workers are more apt to feel their company is pushing the envelope, suggesting that they are taking greater advantage of technology being offered or are seeking out tech-savvy employers.

Driven by Millennials, cloud-based applications continue to make gains in the workplace

When it comes to the use of software applications for work-related purposes, 51% of Millennials report using online/cloud-based tools for word processing/spreadsheets compared to 33% of Boomers. Use of collaboration tools such as Slack, Dropbox etc. is higher among younger workers. Millennials are also looking for the faster implementation of new technologies and improved collaboration tools. Older employees want more of a focus on making existing technology more user-friendly.

Generational cohorts have similar career goals, but don’t always see the workplace in the same way

Across generations, a slight majority of employees note that they find themselves close to where they expect to be in their careers. Workers of all ages share a desire for financial security, rewarding work, and work-life balance. Differences begin to emerge, however, in their views toward stereotypes in the workplace. Nearly half of Millennials believe stereotypes are at least somewhat of an issue in the workplace compared to fewer than 1 in 3 older workers.

Most workers are aware of the trend towards greater automation – and, opinions are mixed on what it means

Across generations, awareness of the automation trend is reasonably high. As expected, there is a degree of concern regarding its impact to jobs. Reflecting their longer employment time horizon, Millennials voice notably higher rates of concern over the uncertainties surrounding automating technologies (54% vs. 35% for Baby Boomers). While attitudes are generally positive across generations for well-established examples of automation such as ATMs, or online travel booking, opinions are mixed when asked to consider the tradeoffs involved in examples such as factory automation or autonomous vehicles. Older workers are more positive about these trends – probably because they don’t see themselves being replaced. Despite the media coverage of the automation trend, only a very small portion of workers (a little more than 1 in 10) report actually knowing someone that has lost a job as a result of automation.

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