Millennials have emerged in the job market in record numbers and, chances are, you've already got a few working for your small business. They're accustomed to bad press - receiving labels like lazy, entitled and noncommittal - but in reality, millennials may become the driving force behind your business in the future.
If you're trying to decide whether or not to hire some twentysomethings, consider the top four reasons why your small business should give them a shot.
1. They're open-minded
Millennials are among the most malleable generations, especially when it comes to the workforce. According to the 2015 Millennial Majority Workforce study compiled by Elance-o Desk and Millennial Branding, individuals in this generation are 72 percent more likely than those in Generation X to be open to change. This adaptability at work is crucial for hiring managers looking for staff members that can work in ever-changing environments - a perfect pairing for small businesses that are just getting off the ground.
2. Those creative juices are flowing
The study also noted that members of Generation Y are 66 percent more likely to be creative than those in the former generation. When paired with the impressive technological capabilities they're sure to possess, this translates to a wealth of benefits for small-business owners, including more innovative marketing initiatives and youth-targeted social networks.
3. The majority is driven by ambition
Many millennials are looking to stand out among the throng of fellow job candidates - a drive that's similarly illustrated in their plans for the future. A separate study conducted by Bentley University found that 66 percent of millennials hope to open their own businesses one day, while 25 percent hope to own their own company in the future.
What does this mean for your business? Your younger staff members will be looking to learn as much as they possibly can about running a small business, so they may be more likely to volunteer for operational tasks or lend a helping hand during corporate meetings.
4. They're flexible
It's no secret that remote working environments have become more prevalent in the past few years, but millennials have come to enjoy - and expect - these capabilities from their employers. Instead of being restricted by a 9-to-5 work schedule or physical office environment, your younger workers may be more open to completing work outside of the traditional parameters, which is ideal for clients or consumers who operate on similarly unique schedules.