Deepen Relationships and Improve Communication With Our GPS Communication Strategy

The workplace of the future may look a little different, but one thing that’s not changing? Humans. We will STILL matter. In fact, we will continue to matter more than ever.

Which means we have to find a way to connect, to get along with each other, and to communicate effectively. It doesn’t matter if your team works remotely, has different shifts, or spends all day inside a single shared space – relationships MATTER. 

My favorite exercise to deepen relationships and improve communication is something we at launchbox call our GPS Communication Strategy.

GPS stands for Gratitude, Permission, and Share Experience.

I’m going to break down what those three things actually mean (and how you use them in real conversations), but we’ve also got a great worksheet for you to download that goes along with this exercise. You can grab it by skipping down to the bottom. Or you can also follow along as I take you through our GPS Communication Strategy!

Gratitude

Begin by framing your conversation with gratitude. Communication is critical and gratitude is fundamental to having great conversations. Gratitude shows people that you care and that you have their back…even when you have to have a tough conversation with them. Perhaps most importantly, it gets them in the mood to start listening to you!

Sharing gratitude sounds like this:

-“I enjoyed having lunch with you.”

-“I found that advice you shared during our conversation the other day to be helpful.”

-“I’m grateful to have the opportunity to learn and grow in order to serve you and the team better.”

-“The way you handled that interaction with a customer was awesome!”

-“It means a lot to me that you made time to show me that trick with the new program.”

-Or just a simple “Thank you!”

Permission

Before you get to the tough stuff, make sure you ask permission. Asking permission to share your experience demonstrates respect and tells the other person that you really care about them. 99% of the time, they’ll say yes without hesitation

Now the #1 thing I hear when I share this strategy with a room full of executives and managers is, “Dan, if I’m a boss why would I ever have to ask permission?”

And there’s a couple reason why you want to do that. Besides demonstrating respect and showing that you care about the person, it cedes a little bit of control to them. When they feel like they have more control, they’ll be a little more comfortable with what comes next. And it sets the listener up to really hear you!

Asking permission sounds like this:

-“Would it be okay if we discussed what happened yesterday afternoon now?”

-“I want to help you grow and deliver value to our customers. Can we go over a few things?”

-“Are you open to some feedback on your presentation?”

Share Experience

Okay, now it’s time for the tough stuff. Start by assuming positive intent (API) on the part of the other person and make sure that what you have to say is delivered without judgment. Stick to the facts, don’t make any assumptions about what was going on in the other person’s head, and make sure you deliver the message clearly.

One way to do this is to describe the situation and what you observed or experienced. Another way you can do this is to share a story of when you felt the same way and what you learned from it. 

Share experience sounds like this:

-“I’ve been able to experience your mentorship in this particular way – is that the way you wanted to come across?”

-“What you just said to me came across as harsh. Did you mean it that way?”

Have you used the GPS Communication Strategy in the workplace or at home? Let us know in the comments below. And if you haven’t grabbed our free worksheet designed to help you have great, other-focused conversations, just fill out the form below to get your copy!

Want a little help implementing this with your team? Reach out to us – we love working with companies and teams to help them bridge the gap and build connection!

Want to build better relationships in work and in life? You have to make it about others first - the audience is the hero of your story! Use these tips to change the conversation:



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Why Workplace Stress is a Worldwide Epidemic That Prevents Us From Being Happy at Work

In America, we’re famous for working. Working long days with little time off and taking pride in it. So it should come as no surprise that many of our employees are overworked, stressed out, and burned out. And it’s costing us dearly in terms of lost wages, lost productivity, and lost impact. According to a study from Mental Health America, almost 70% of workers reported missing some days at work each month due to stress. But it turns out that workplace stress isn’t just an American problem: it’s a world problem.

Take this recent article from The Atlantic, which explores stress and depression in the Japanese workplace. While work has grown more global and connected us in ways we could never have imagined, it’s also caused a clash of cultures. And it has forced rapid change on both sides of the generational divide.. Which leaves a generation of workers in Asia who are being forced to assert their opinions and establish themselves as individuals without ever having gained the skills to do so. In essence, they are suffering the “consequences of a nation transitioning from a culture of collectivism, in which they have to accept their rank within a family, to a capitalistic workplace where they have to forge their own path.”

For the last year, I’ve been fortunate to travel to Singapore many times to conduct in-person training workshops for a client. I’ve met many wonderful, talented, and bright Millennials and Gen Z employees over the course of my travels in Singapore. And I’ve also experienced firsthand how the challenges facing the worker of the future don’t just exist inside the bounds of the United States.

Technology is changing absolutely everything about the way we live and work. And one of the primary ways it’s changing the workplace is that it’s putting increasing emphasis on employees as individuals. It’s not enough to follow the rules, blend into the crowd, and get the job done. Now we’re told we need to bring our best selves to work every single day, exceed expectations always, and find ways to stand out from our co-workers. That creates massive amounts of anxiety as we question if we’ll actually be able to keep up with the pace of change, if we’ll have the skills necessary to compete and succeed in the future, and if what we’re doing actually matters anyway.

After training more than 20,000 Millennial and Gen Z employees and their managers around the world, we’ve come up with a 3-hack system employers can use to combat the crushing wave of workplace anxiety:

1. Turn Your Workplace Upside Down

Start anywhere, but principally at the bottom and actually talk to your employees. Find out what they’re struggling with, what they need help with, and come up with a plan to support them as individuals. Remember that one size doesn’t fit all so take the time to talk to each employee one-on-one or at least do a survey. Demonstrate you care by listening and asking great questions.

2. Create Meaningful Work

While all work isn’t necessarily meaningful, make sure your employees understand how their assignments and role fits into the larger picture of the company. Make sure they know why something is being done and what goal is being served. Make sure they stay connected to the vision of where the company is going and the impact you’re having on the world around you. And help them grow – that is meaningful at its core to them.

3. Reskill Your Employees on the Basics/Emotional Intelligence

While we can’t control what the future world of work will look like, make sure you’re providing your employees with opportunities to grow and develop crucial, transferrable skills like emotional intelligence. As technology continues to shift the landscape of our world, we know people are going to matter more than ever. Make sure you’re supporting your employees to become better, more empathetic humans.

To learn more about our 3-hack system to guarantee workplace success, click here to read our recent blog.

As an employer, you’ve got to figure out how to help your employees relieve workplace stress. It costs you too much in terms of lost labor, employee turnover, and poor productivity to continue to allow your employees to fight it out on their own.

Need some help? Reach out to us to schedule an exploratory call with one of our experienced coaches!

How to Have Other-Focused Conversations

Whether it’s a raise, an opportunity to be mentored, or just figuring out what the heck your employees need from you, if you don’t ASK, you don’t GET!

We spend too much time thinking about how to get others to give us what we want, when the answer couldn’t be more simple.

If you just ASK for what you want in a way that makes it about others, you will win.

Need help figuring out how to make your conversations other focused? Click below to download our free handout that’s guaranteed to change the way you communicate with others both in and out of the workplace.

Want to build better relationships in work and in life? You have to make it about others first - the audience is the hero of your story! Use these tips to change the conversation:



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Hire Right! What to Look for in your Next Rock Star Employee!

Hiring is a skill that doesn’t come easy. But like any skill, it can be learned and improved if we are aware. Most of us don’t want to admit what we’re not good at it. Because acknowledging that we’ve made some bad hires forces us to wake up and realize (i) we screwed up and, (ii) we definitely need to fire someone. Maybe ourselves, lol.

Most companies hold onto employees that aren’t the right fit for far too long. And that’s costing your business big time! Not just financially either. Having the wrong employees on your staff hurts your productivity, erodes engagement and trust and your company culture, and ultimately inhibits results.

There is good news!   You can avoid all that if you learn how to hire the RIGHT PEOPLE in the first place. And we do that by asking GREAT QUESTIONS during the interview.

What Type of Person Are They?

I’ve had the privilege of working with companies like Qualcomm, Booz Allen Hamilton, and Inuit and let me tell you, it doesn’t matter how good the candidate looks on paper or what credentials they have. If they’re not the right type of person for your company or team, they’re not the right fit period.

During the interview process, you need to figure out what type of person they are, what their strengths are, and what their whys are. We have a great PDF below with all the questions you should be asking to help you figure these things out, but two of my favorite questions are:

-What’s the biggest misconception others have about you and why?

-What three words would you use to describe yourself and why?

Both of these questions will help you confirm or deny your initial assumptions about what sort of person they are and also help you understand their level of self-awareness. It also lets you get into the “real” authentic person not the rehearsed interviewee.  To see how powerful these questions can be, try them out with yourself and with the people that you know well – you will be surprised at the results!

Are They Positive and Optimistic?

As quickly as our lives move these days and as quickly as the world of work is changing, there is NO room for negativity. You need to be hiring positive, optimistic people who have a can-do attitude. People who are positive and optimistic are more likely to seek solutions to challenges, rather than allowing themselves to become stumped or stuck. And that’s exactly who you need in your company – people who are going to just figure it out on their own and find the help they need to get it done.

To evaluate a candidate’s pre-disposition towards turning lemons into lemonade, a few of the questions I love to ask are:

-What do you think about failure?

-When you’d have obstacles in your life, what have you done to overcome them?

-What characteristics or behaviors do you believe have contributed to failure around the positions you’ve held in the past and why?

After you ask these questions, listen closely. Sometimes you have to read between the lines of the candidate’s responses so make sure you listen for clues that indicate whether they respond more positively or negatively to being challenged.  And, also ask targeted follow up questions.

To conclude, when you’re hiring you’re primarily looking to answer just two questions about every candidate: what type of person are they and are they positive/optimistic. It’s not rocket science and yet we get so caught up in fact-checking their resume and making sure they have all the technical skills, we forget to ask the questions that will help us figure out who the person sitting across from us actually is!

So, before you make your next hire, make sure you download our free PDF with the kinds of questions you should be asking every candidate. Just fill out the form below to get it. And if you still need help, please reach out to us for coaching!

Want to save your company time, money, and frustration by hiring the right candidate? Fill out the form below to grab our free download with all the questions you need to be asking during the interview process to ensure you're making a great hire.



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“How Do I Get Paid What I’m Worth?” – A Short Lesson in Coaching Millennials How to Ask the Right Questions

It was and remains my favorite classic millennial question.

I was speaking at USC with graduate millennial students, teaching them how to connect to get the job they want by using our Inside/Out technique of understanding your strengths and story in away that it provides value to others. A down and dirty guide on how to get the job, promotion, girl/guy, sale, etc.

As a leadership keynote speaker I have the honor to help people help themselves by demonstrating how to win by making it about others. I covered all the basics and the secret formula that I know to be true as a millennial expert and coach. 5,000 millennials that have passed through our programs this year can attest to it working. I no sooner finished the brief lesson on the importance of identifying strengths, implementing the WIFThem mindset (“What’s in it for them?”), and owning your actions, when I asked for a question. And low and behold, a young college male in the front corner of the room raises his hand. There it was, the moment of truth, as to whether they really heard me and learned something.

“Well,” he said, “I got stuff but really, just tell me, How can I get paid what I’m worth?

I was surprised by his question. It was audacious and bold, in typical millennial fashion, only because it was the exact opposite of what we had just discussed. So I paused, took a breath and began. “Do I have permission to coach you?”

The millennial nodded yes, and I responded, “What is exactly the value you bring to the employer and how do you articulated to them initially and then through your work?”

After a few moments of silence, while the millennial was thinking of how to respond, I chimed in again.

“Dude, do you get it? I mean really? You’re asking the wrong question. What you should be asking is, how do I demonstrate what I’m worth in the market place so someone wants and needs me to come work with them, and teach and guide me and help me get really, really good at this work thing? The thing is, you can’t demonstrate it until you’re there. Focus on first gaining the skills to become valuable to the market place.”

As a millennial expert who has coached thousands of millennial employees, what this college student asked represents a typical trait of millennials. They are hungry for success. They want the grand prize (some say “trophy” but that is just plain caddy, lol) …and they want it now, now, now. They see friends and peers posting job promotion pictures on Instagram, celebrating at parties on Snapchat, and hearing about other millennials “striking it rich” on Facebook.

What happens as a result? Millennials feel entitled to earn higher wages. They are impatient and have FOMO (fear of missing out) on the success that they think all of their friends are experiencing right now. So, like the graduate student showed, they ask employers all the wrong questions because they don’t get it. They don’t get that hard work, learning skills, and demonstrating value all precede getting paid anything by the market. You need to be valuable to an employer to get paid anything, and moreover, you for shit sure better be able to explain what that is what you do and why it is so special.

This is where the magic happens. Dilemma, they don’t get it. Challenge: we need to help them get it. SO DO THIS: we, as millennial coaches, bosses, parents, and teachers need to step in and embrace the opportunity to guide our next generation leaders. While millennials’ drive and hunger for success is great, they need to check in with reality.

According to the Millennial Leadership Survey, over half of millennials surveyed already think they have the right skills to be a leader. Wow, because we know that not even remotely close to 50% of successful Boomers, Xer’s or Silent Generation have the real deal skills to lead. So how could millennials, who are new to work life, possibly get it? Not to mention they understand they need work: 43% of millennials said that their weakest leadership skill is having industry experience and 41% said technical expertise.

See the conflict? Millennials think they already have the skills required to lead and earn more in the workplace, yet their lack of experience (and awareness of it) proves otherwise. As a millennial coach in the workplace, use these three strategies to teach millennials how to demonstrate their value in the workplace.

1) Take Initiative

In a recent School of Greatness podcast episode, host Lewis Howes talked with Adam Braun, founder of MissionU and Pencils of Promise, about higher education and performing well at work. Braun touched on an important phrase that demonstrates how millennials can show value, as opposed to asking for it: “Don’t ask for permission, ask for forgiveness.” In other words: take initiative. It’s better to take calculated risks you believe will work and ask for forgiveness if they fail, rather than always wait to be told what to do and have your ideas rejected.

A good employee waits to be told what to do. A great worker reads the situation, predicts what needs to get done, and takes initiative to create a solution. Encourage your millennial employees to show, not tell. By doing so, millennials can effectively demonstrate their value.

As a millennial coach, you can inspire your millennials to take initiative by being supportive. Create an environment that fosters open feedback and transparency. Welcome new ideas and encourage innovation by instilling a go-getter mindset.

2) Showcase Strength by Leading From Strength

“Everyone is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” – Albert Einstein

Each of your millennial employees has a unique skillset that can be of value to their organization. As a millennial coach, make it your responsibility to help your employees identify these strengths so they can lead with them. Workshops and strengths finder assessments are great ways to teach millennials how to understand their gifts and use them effectively in the workplace.

The best leaders in the workplace know what they’re best at, continue to hone in on those skills, and lead from their strengths. By learning how to access and showcase their strengths, millennials can demonstrate their leadership potential, while optimizing their unique skillset for the greater good of their company.

3) Invest in Growth

According to an article in the Harvard Business Review, over half of millennials rank the “opportunity to learn and grow” as “extremely important” when searching for a job. Millennials want managers who will invest in their growth so they can become capable, reliant, and talented leaders who can demonstrate their value to the marketplace.

“Millennials do need to be convinced why and how an organization will help them learn, grow, and develop, and further their careers.” –Harvard Business Review

As a millennial coach, create a leadership program where millennials can learn important skills like communication, relationship building, and technology-specific skills via online training. Millennials are looking for managers who are invested in their growth and areas to succeed that align with their natural interests and talents.

Understand what millennials want so you can help get them there…but make sure they grasp important business realities first. The millennial question of “How do I get paid what I’m worth?” is ridiculous…and it shows that Millennial coaches need to step in and help them understand why and how to reframe the question instead of just whine and complain. Help us change the question.

Teach your millennials how to demonstrate their value. Encourage them to take initiative and lead from their strengths by investing in their growth. This is how we can create future millennial leaders!

Are you looking to create next generation leaders who know their strengths and can deliver value? Check out our online tools, resources, and workshops!

2 Big Reasons Why Pokémon GO Struck Gold & Can Help You Understand Millennial Customers and Employees

Within 24 hours of release, Pokémon GO surged in popularity unlike anything the app store has seen before. In terms of time users spend on the app, it surpassed Snapchat, Twitter and even Facebook![1] If you’re unfamiliar with Pokémon GO, it’s an augmented-reality game that launched in the United States late last week. To break it down, the game lays a sort of semi-transparent Poké-world over your actual, physical location, which you can explore by literally walking around while staring at your screen.

The game has been all the hype over the past week, striking a chord in the millennial generation. Whether you are into gaming or not, you should pay attention. What they accomplished are hints to what your business might do to attract millennial customers.

 

Reason 1: Technology

Millennials were the first generation to grow up with technology being an influential part of their lives. Pokémon GO offers the best of both worlds: the joy of playing an addictive video game combined with the experience of interacting with others in the real world.

While technology has created a world where many millennials prefer to stay inside and immerse themselves alone in their screens, Pokémon GO has brought them together. Certain hotspots in the game attract more users, resulting in more physical, face-to-face interactions. The wild success in such a short time conveys that millennials do want to get out of the house and meet other people. By leveraging the inherent desire for human interaction along with a fun, addictive app, other companies can mimic this strategy to capture the attention of millennials. Forbes estimated that Pokémon GO is bringing in over $1.6 million in revenue per day in the United States alone.

 

Reason 2: First Brush with Millennial Nostalgia

Another reason this game has struck gold among generation Y is because it’s nostalgic. Pokémon became popular in the late 90’s, both on television and in video games (think back to the dinosaur age of Nintendo 64 and Gameboy.) The game has awakened positive, childhood memories among millennials. The familiarity of the app has proved to be a hit, and as the New York Times put it, “Millennial’s First Nostalgic Blast.” The game’s success has blazed a trail for other companies to leverage nostalgic games and memories of generation Y to create future products.

While it’s too early to tell if the game will plateau soon or become a “one hit wonder” for Niantic, the makers of the game, Pokémon GO has given businesses and marketers a look into the future of what millennials love.

The world is changing, as you can see from Pokémon GO, and those who understand and adapt to the interests and attention of millennials have a real opportunity to create  economic value and winning products and services.

 

 

[1] Lancaster, Luke. “Mobile Users Spent More Time on Pokemon Go than Facebook.” CNET. N.p., n.d. Web.

Step Up Your Game, Develop a Personal Brand

Great branding doesn’t just apply to businesses. In fact, you can develop your own personal brand and jumpstart your career in any industry. But your personal brand isn’t about a good color scheme and font; rather, it involves identifying your strengths, values, and passions and using these attributes to build your professional presence. Here’s how you can create your own personal brand and give your career the boost it needs.

Identify strengths & weaknesses

During interviews, you’re likely asked about your strengths and weaknesses as an employee. But when you’re building your personal brand, you’re digging much deeper than these questions suggest. Identify a few things that you do particularly well. To get yourself started, you can ask yourself the following:

  • During your past successes, what was it that made you so successful?
  • What skill do you find yourself using the most in challenging situations?
  • What are some strengths others have identified in you?

Once you’ve created a list, narrow it down by deciding which skills you would enjoy using on a daily basis. This will help you identify a long-term brand path that will be both successful and enjoyable.

Network

Climbing any career ladder requires a little help. Fortunately, you have a built-in support system with your coworkers and upper management. Start by establishing a mentorship with senior staff, or by helping others around the office with small projects.

You never know who might lend a helping hand, so make connections in unexpected places to build potential in your professional network. If you make a habit of adding value to your work relationships, this will become something you’re known for and word travels fast of helpful, enthusiastic professionals.

Blend personal & professional

A great way to build your personal brand is by getting more involved with extracurricular activities around the office. Is there a party planning committee? Ask to join. You can also create your own social groups, whether you’d like to organize a monthly company outing or a book club among coworkers. This pro-activity and positive attitude will add a richness to your personal brand that will help keep you at the top of your game.

Get noticed

Finding ways to stand out can be difficult, but if you’re charismatic, open-minded, and willing to take advantage of new opportunities, you’ll find yourself getting noticed by your superiors and your coworkers alike. Be careful that you don’t have any traits that can negatively impact your personal brand, whether that’s tardiness, lack of professionalism, or unreliability.

Changes won’t happen overnight, but if you maintain these good habits over a period of years, you’ll successfully build your own personal brand and establish yourself as a person worth working with. Plan for the future with a well-developed, carefully designed personal brand.

The Unexpected Path to Great Leadership

A lot of thought has gone into what makes a great leader, but it isn’t always traits like ambition and creativity that come into consideration. In fact, the way leaders view the goals and aspirations of their employees can be as telling as their personal characteristics.

Managers who honor the aspirations of their staff—even if those aspirations may be unrealistic or impossible—have what it takes to become a great leader. Here is why you should care about the dreams and ideas of your staff, and how this can impact your potential as a leader.

Managers as Role Models

As a manager, you hold a lot of influence over your staff, both in what they do and how they think.  If an employee expresses a career goal or an idea they have, how you react has the potential to affect their optimism and their long-term plans.  So instead of shooting down an idea, take the time to get to know your employee and understand the motivations that are driving this idea.

The better you know your staff, the more able you are to provide insight and advice when it comes to their aspirations.  They’ll trust your opinion and show more respect for your leadership if you take the time to discuss their plans.  As a result, you’ll be more able to inspire action and innovation and will be a more effective leader over all.

Finding Value in Aspirations

When your staff members have ambitious and long-term goals, these can benefit your company as well as the employee.  In pursuit of their ambitions, they likely want to develop or improve their skills and branch out into new areas of expertise.  If you offer training or professional development incentives, you’ll have a more talented, productive team and a more competitive organization as a whole.

Even if you don’t have the budget for training or development courses, you can honor your employees’ aspirations by offering them the opportunity to take on new roles within the organization.  Do you have a customer service rep who has an interest in IT? Give them the chance to shadow your IT staff or try their hand at small tasks.  Similarly, if some of your employees have the goal of becoming managers, you can slowly increase their responsibilities and allow them to learn managerial skills on the job.

Honoring the career goals of your employees can allow you to grow your skills as a leader, and it can also greatly benefit your company in the long run. You’ll develop a talented, motivated staff that values your role as a leader and looks forward to their future with your company.

 

The Era of Millennial Multi-Tasking

Known as “digital natives,” millennials are known for being tech-savvy both in their personal and their professional lives. While this may come as a benefit in many situations, some employers worry that this dependence on technology can impair a candidate’s ability to prioritize their work and effectively multi-task without becoming distracted or side-tracked. Is this concern warranted, or does the millennial connection to technology make them better multi-taskers?

The Effect of Technology

Unlike previous generations, millennials grew up with a heavy emphasis on technology, both in school and as a source of entertainment. As a result, they developed a habit of doing several things at once—whether that’s IMing their friends, responding to emails, or browsing the web.

Given the ubiquity of technology in their lives, this comes as no surprise. Many millennials listen to music while they work, or leave a television on in the background. Even more have multiple browsers open and several programs demanding their attention as they work.

However, this practice doesn’t seem to affect their ability to concentrate. In fact, studies show that younger generations are more comfortable with multi-tasking than their older counterparts. They can perform complex tasks with a variety of ambient distractions, including music and nearby conversations, and can bounce back and forth between different activities without feeling distracted or overwhelmed.

As a result, millennials are particularly adept at careers in IT, communications, or marketing roles. They’re able to manage heavy workloads, fast-paced environments, and energetic workplaces that might distract non-tech focused employees.

The Harm of Multi-Tasking

Millennial candidates do need to keep in mind that there is a right time and a wrong time for multi-tasking. For instance, during assignments that require a high level of concentration, accuracy, or attention to detail, it’s best to eliminate other distractions and focus on the task at hand. In other instances, multi-tasking may involve social media or personal conversations with friends or family that can derail your focus and result in poor work performance.

Effective multi-tasking demands a balance between periods of intense concentration and periods of responsiveness to the demands of different tasks. To control your attention span, know when to close out of instant messengers or put your phone on “Do Not Disturb.” You can always take a temporary break from technology if you feel that it is becoming too much of a distraction during your work day.

Multi-tasking is a skill that many millennials possess, and it allows them to dedicate their attention to a variety of tasks at any given moment. However, if you find yourself facing distractions, take the time to step away from technology and focus on the task at hand. If you can identify your biggest distraction, you’ll be a more effective multi-tasker and a more productive employee.

Millennial Female Advantage

A lot has changed in the past few decades, and for women, this holds particularly true. Women are entering the workplace at an unprecedented rate, and as a result, are quickly becoming the primary income earners in their home.

This is impacting the way decisions are made and the power millennial women have in the workplace and within the home. In fact, a recent survey from U.S. Trust found that 31% of millennial women are the dominant decision-makers in their families, compared to 11% of Gen X women, and 9% of women from the Baby Boomer generation.

But this isn’t the only generational gender shift researchers are seeing. A study from PwC observed dozens of new changes within this growing segment of the workforce.

Presence in the Workforce

In the next decade, one billion women are expected to enter the workplace—nearly double the number that joined from 1980-2008. Add the fact that women are pursuing advanced degrees at higher rates than their male counterparts, and the potential for change within the workforce is tremendous. As companies begin to see higher rates of female employees, they’ll begin to see a demand for employer traits prioritized by female workers, namely:

  • Opportunities for career progression (reported by 53% of respondents)
  • Competitive wages and other financial incentives (52%)
  • Flexible working arrangements available (35%)
  • Good benefits packages including pensions, healthcare, and other benefits (33%)
  • Excellent training and development programs (27%)

As companies begin to respond to the need of this highly educated, highly motivated segment of the workforce, the structure of the workplace will continue to change.

The Millennial Mindset

As they begin their careers, millennial women are more confident and career-focused than previous generations. 49% feel that they are able to achieve a senior role in their current company, and 31% have left employers for not providing more opportunities for upward momentum. In fact, this is the most common reason women reported leaving their company.

This increased ambition and focus on developing their careers has allowed women to gain more earning power within their companies. In fact, PwC found that 66% of female millennials earn equal to or more than their partner.

The Outcome

These generational differences are allowing millennial women to not only shape their households, but shape the workplace as well. They have a greater purchasing power, the ability to make more financial decisions within the home, and more potential for career growth within their companies.

Companies are starting to take notice of the highly educated, driven female millennials that are entering the workforce, and are beginning to respond to their needs as a result. This is changing the way we work as a corporate culture, and many times, creating a more diverse, inclusive workplace.