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READING EXERCISE

READING EXERCISE

Assessment

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English

8th Grade

Easy

Created by

GOH A18PP0034

Used 1+ times

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6 Slides • 4 Questions

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READING EXERCISE

By GOH A18PP0034

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Read the text below and answer the questions.

Subject | Subject

Some text here about the topic of discussion

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Reading text: Millennials in the workplace 

Background 

Millennials (those born between the early 1980s and the early 1990s) make up a huge part of our workforce but they seem to lack loyalty to the companies and the leaders they work for. Multinational companies are noticing larger turnover rates of millennials as employee retention rates fall. This report looks at the findings of two large-scale surveys on the mindset of the millennial generation and explores how organisations can strive to address these needs, increase employee engagement and encourage retention. 

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Research 

In a global survey conducted by PricewaterhouseCoopers (PwC), more than 40,000 millennial (born between 1983 and 1993) and non-millennial responses were collected on the topics of workplace culture, communication and working styles, pay structure, career development, work–life balance, etc.

In a separate global survey conducted by Deloitte, more than 10,000 millennials participated in a study about their perceptions of the threats and opportunities in the complex world of work.

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Key findings 

• Millennials are as committed to their work as their more senior colleagues. 

• Millennials value interesting work and a good work–life balance. They do not believe that  

  excessive work demands are worth sacrifices in their personal lives. 

• Millennials want flexibility in their working hours and are willing to give up pay increases and  

  promotions for a flexible working schedule. They believe that success should be measured by 

  productivity and not by the number of hours they are seen in an office. 

• Millennials want to feel supported and appreciated by their company and their superiors. 

• Millennials want more opportunities to develop their skills. These include technological skills, 

  teamwork and interpersonal skills. 

• Millennials believe that businesses and business leaders should contribute to the improvement 

  of society and they are more likely to be loyal to a company with strong ethics.

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Recommendations

Organisations and managers wanting to retain millennials should consider:

  • monitoring their workload and satisfaction levels with their work–life balance

  • creating a flexible work culture where employees have more control over their working hours and their work location

  • providing meaningful work and interesting opportunities

  • offering help and support in continuing professional development

  • changing the organisation's goals from being mainly about profit-making to motives that address social concerns and solve wider societal problems.

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Multiple Choice

1. The report is based on the findings of how many surveys?

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One

2

Two

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Forty Thousand

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Ten Thousand

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Multiple Choice

2. Which statement below about Millennials is FALSE ?

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give up family time on weekends to finish a work project

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sacrifice pay so that they can work shorter hours

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be left to find their own developmental opportunities

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be committed to their companies' profit-making motives

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Open Ended

   3.  What is Millennial?

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Open Ended

 4. What should a manager do to keep their Millennial employees happy?

READING EXERCISE

By GOH A18PP0034

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