Here’s How Often Millennial Employees Need Compliments
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The Leadership Insiders network is an online community where the most thoughtful and influential people in business contribute answers to timely questions about careers and leadership. Today's answer to the question,“How can you help millennials feel like they're part of the company?" is written by David Sturt, executive vice president of O.C. Tanner

Millennials have officially passed up the Boomers and Generation X and are now the largest generation in the U.S. workforce. These 80-plus million individuals, born between the early 80s and the early 2000s, often get mislabeled as lazy, entitled and narcissistic in the workplace. Using such broad stereotypes to describe such a large and diverse generation as this, can be grossly misleading.

The millennials I work with are some of the brightest and most committed people I know. Many have similar hopes, aspirations and expectations as the generations who have preceded them. However, this generation, more than any other, has seen the world change faster than any other. For millennials, change has become an expectation, not a disruption, and they expect to be part of it.

When it comes to the organizations they join, today's 20 and 30-somethings have expectations that are not dissimilar to other generations, but they get impatient or move on if their core expectations are not met. Based on my experience, here are three things millennials expect from their employers.

Purpose

Millennials care about the purpose of your organization--the "why" behind who you are; what you do and what difference you make in the world. They want to feel a genuine connection to your company's reason for being. In fact, identifying with the purpose of their employer is one of the three key factors that motivate millennial employees at work. Their desire for a sense of purpose in their work is more elevated than their parents' generation, when they were happy to have a decent career with a company that could pay its bills. Millennials are shifting to a newer "social contract" with their company, and this puts additional responsibility on their leaders.

Perhaps it's due to the rise of startups or the tech industry, with their "change the world" missions, but it's becoming more important for companies to articulate the purpose of their organization and how it connects to a greater cause. I recently received a letter following an interview I had with a millennial who was applying for a job on our team. One sentence spoke volumes about what attracted him to our company: "This is a space that can have a profound effect on many lives." There was no question he saw something than transcended the job itself; he saw an opportunity to make a real difference.