More than one-in-three American workers today are Millennials. Having passed Generation X, Millennials are now the largest share of the American workforce, according to Pew Research Center. It should come as no surprise that this generation has the power to change everything about the way we live, work, and play.
Whether they’re influencing technology or a more flexible work culture, Millennials are here and there are more still entering the workforce. So what does this mean to a CEO, manager, or even a commercial office space owner? A lot. Millennials are not just shaping the way we work, but also how companies are attracting and retaining their employees. Millennials aren't afraid to run through jobs until they have found the perfect place. If you've found the perfect Millennial employee, make sure you have what they need to keep them.
Attracting the best applicant pool is no longer just about money. This demographic expects so much more. They crave creative workspaces that bring out collaboration. They want amenities, mobility, benefits, and reasons why they should work for your company versus a competitor.
In Philadelphia, the population growth for young adults in recent years has increased a significant amount. According to a report released by the PEW Charitable Trust, no major city had experienced a larger increase among 20 to 34 year-olds than Philadelphia since 2006.
Drawn to the city's urban, vibrant, and diverse nature, Philadelphia is a prime example of the demand for creative space for this new generation. Millennials value a dense urban setting giving them convenient access to entertainment, experiences, opportunities, and lifestyles. They love the diversity and ease of access to key places in the city.
The SoNo project is a perfect example of the types of spaces needed in the heart of Philadelphia to attract Millennials. SoNo is designed to create an overall collaborative work environment to attract and retain the best in the business. From the bike room to the gym to the rooftop lounge, the amenities are unmatched. It is truly unlike any other and building, and owners can learn a lot by taking a deeper look into SoNo's design.
If you're a business owner or building owner, it's not too late to implement changes into your building culture and design. The days of fluorescent lighting, small cubicles, tight offices, and lack of amenities are behind us. To attract the brightest out of the Millennial generation, you're going to have to pitch them, not necessarily the other way around.
For more information on creative workspaces with the next generation of workers in mind, contact us at Alliance HSP. We can help you find a space that keeps in line with your office culture, while adding in the extra spark you need to give you an edge on your competitors. Make contact with us today!