{"id":1004180776,"date":"2017-06-16T04:52:47","date_gmt":"2017-06-16T12:52:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004180776"},"modified":"2022-12-08T10:56:09","modified_gmt":"2022-12-08T18:56:09","slug":"9-quotes-on-millennials-in-the-workplace","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/9-quotes-on-millennials-in-the-workplace\/","title":{"rendered":"Millennials in the Workplace: 9 Insights"},"content":{"rendered":"

By Mallory Bulman<\/p>\n

\"Photo<\/a>There has been a lot of buzz regarding the Millennial influence when it comes to renting apartments<\/a>: They\u2019re renting in droves and some are even delaying buying a home, even if they have the means to buy. What is behind the phenomenon of the largest demographic cohort renting in such numbers? In previous generations, people would get married, settle down before the age of 30, and buy a house. Today, job growth is spurring the young generation to not only conserve the money they saw lost so easily in the housing crash of 2008, but also to allow for the opportunity to pick up and move without any housing baggage.<\/p>\n

Now, even age-old companies with proven track records are questioning their approaches to everything from office design to communication strategies as they are presented with more and more incoming Millennial employees<\/a>. In a panel discussion between Yardi\u2019s Esther Bonardi, Gensler\u2019s Randy Howder, Boxer Properties\u2019 Justin Segal and Cousins Properties\u2019 Brandon Van Orden at the Realcomm conference in San Diego, the industry veterans discussed their companies\u2019 strategies toward integrating the Millennial workforce into their office culture.<\/p>\n

Adapt to the \u201cNew Norm\u201d<\/strong><\/h2>\n

\u00a0<\/strong>When most company leaders think about the flexibility that Millennials are said to want, they imagine a no-boundaries, work-from-home and summer Fridays kind of workplace. While there are professionals in the Millennial generation may be attracted to perks of that caliber, the panelists said that they see all generations creating the evolution of the new workplace.<\/p>\n

Brandon Van Orden on Millennials<\/strong>: \u201cThey don\u2019t want to wait around. They like things that happen more rapidly. They like the next opportunity. That agile methodology allows you to do that, versus traditional waterfall methodology\u2026took forever.\u201d<\/p>\n

Justin Segal<\/strong>: \u201cWhat people really want today is something we\u2019ve been offering for a long time; which is they want to learn something new, they want to get up to speed very quickly, and they want to be able to have variety and change and change jobs.\u201d<\/p>\n

Esther Bonardi<\/strong>: \u201cIf you create more of these collaborative spaces, a lot more of this development by osmosis happens\u2026On the whole I see the Millennial workers being a very collaborative workforce\u2026They\u2019re willing to work together and get input from others.\u201d<\/p>\n

Randy Howder<\/strong>: \u201cThe pendulum has swung back on the idea of balance. Our research has shown while there are Millennials who are collaborative, people are different\u2026so we\u2019re recognizing the shortcuts of completely open floor plans.\u201d<\/p>\n

RH<\/strong>: \u201cThe workplace really is a communication tool, and it tells your employees something. So if you have private offices that are assigned by hierarchy so the more senior you are the larger your office is, and everyone else is in interior cubicles, that indicates something.\u201d<\/p>\n

RH<\/strong>: \u201cWhere we\u2019re seeing the world going is this studio-based environment\u2026where you recognize that people have differences\u2026it\u2019s about creating a team-based environment.\u201d<\/p>\n

New Technology Brings New Communication Styles<\/strong><\/h2>\n

\u00a0<\/strong>While work-focused instant messaging phone apps like Slack and video chat services like Skype for Business make it easy to conduct business anywhere, there are still large cohorts of the workplace that have difference preferences for communication vehicles based on when they entered the workplace. The panelists also pointed out that the way workers communicate differs based on the culture of previous workplaces and generational preferences.<\/p>\n

RH<\/strong>: \u201cHow do generations and Millennials differ from other people in the same physical space? When you\u2019re communicating, people are almost inhabiting different spheres, so the world of Slack and IM feels very different to the world of voice mail and phone calls. When they\u2019re all happening in the same space, what are the challenges that occur there?\u201d<\/p>\n

EB<\/strong>: \u201cSome of the areas where I see some of the biggest differences are in communication styles and in use and desire for technology\u2026Our Boomers still like the telephone and they also still like email pretty well\u2026Our Gen Xers send a lot of emails and they\u2019re pretty long.\u201d<\/p>\n

RH:<\/strong> \u201cSurprisingly, our data shows that there aren\u2019t really fundamental differences when it comes to what people need in a physical space\u2026Everybody needs privacy, everybody needs the ability to focus, everybody needs the ability to speak to someone in person.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Industry leaders at a panel during Realcomm revealed how their companies react to the deluge of Millennials in today’s workforce, from changing office design trends to management strategies. <\/p>\n","protected":false},"author":1165,"featured_media":1004180779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21747,1608],"tags":[33072,33012,35457],"class_list":["post-1004180776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-office","category-san-diego","tag-cousins-properties-inc","tag-gensler","tag-yardi"],"acf":[],"yoast_head":"\nMillennials in the Workplace: 9 Insights - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/9-quotes-on-millennials-in-the-workplace\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Millennials in the Workplace: 9 Insights\" \/>\n<meta property=\"og:description\" content=\"Industry leaders at a panel during Realcomm revealed how their companies react to the deluge of Millennials in today's workforce, from changing office design trends to management strategies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/9-quotes-on-millennials-in-the-workplace\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-16T12:52:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T18:56:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Photo-Jun-14-12-18-25-PM.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2865\" \/>\n\t<meta property=\"og:image:height\" content=\"1645\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mallory Bulman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/9-quotes-on-millennials-in-the-workplace\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/9-quotes-on-millennials-in-the-workplace\/\",\"name\":\"Millennials in the Workplace: 9 Insights - 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