Abstract
Nowadays, employees are seen as key assets of knowledge organisations who increasingly struggle to attract the best potential talent from a declining workforce. The office environment is considered to be an important way to support the needs of the newest generation – the millennials – and thus attract and retain them. This study therefore aimed to create more evidence-based insights for Corporate Real Estate Managers (CREM) in how to support specific workplace needs of millennials. The three most important workplace needs of millennials were first identified as sociability with colleagues, opportunity to grow and work-life balance, followed by analyses of how the physical workplace is expected to best support them. Next, hypotheses were developed and tested on differences between millennials and other generations on these needs and the perceived workplace support.
A survey among 302 Dutch office employees from 3 generations provided the necessary data, which were tested with bivariate correlation and ANOVA analysis. Findings indicate that millennials attach more value to the need for coaching and professional growth and less value to the balance between leisure and work than generation X does. Regarding physical workplace aspects, in total thirteen unique physical workplace aspects were identified as perceived support for workplace needs. Again millennials differed from generation X, as they found accessibility of colleagues and informal work areas/break-out zones more important in support of their need for sociability with colleagues. The oldest generation of Baby boomers found IT-services for social networking more important than millennials. Regarding the opportunity to grow, baby boomers also perceived audio-visual equipment to be more important than the tech savvy millennials. Also unexpected, millennials find the ability to personalise their workstation more important than older employees to support their work-life balance. Future studies should further clarify support of needs of different generations and how CREM can create an office environment that accommodates and supports all.
A survey among 302 Dutch office employees from 3 generations provided the necessary data, which were tested with bivariate correlation and ANOVA analysis. Findings indicate that millennials attach more value to the need for coaching and professional growth and less value to the balance between leisure and work than generation X does. Regarding physical workplace aspects, in total thirteen unique physical workplace aspects were identified as perceived support for workplace needs. Again millennials differed from generation X, as they found accessibility of colleagues and informal work areas/break-out zones more important in support of their need for sociability with colleagues. The oldest generation of Baby boomers found IT-services for social networking more important than millennials. Regarding the opportunity to grow, baby boomers also perceived audio-visual equipment to be more important than the tech savvy millennials. Also unexpected, millennials find the ability to personalise their workstation more important than older employees to support their work-life balance. Future studies should further clarify support of needs of different generations and how CREM can create an office environment that accommodates and supports all.
Original language | English |
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Title of host publication | Proceedings from the PRRES Conference - 2019 |
Subtitle of host publication | 25th Annual Conference |
Number of pages | 14 |
Publication status | Published - 2019 |
Event | Twenty fifth annual Pacific Rim Real Estate Society conference (PRRES 2019) - Melbourne school of design, Melbourne, Australia Duration: 14 Jan 2019 → 16 Jan 2019 http://www.prres.net/index.htm?http://www.prres.net/Conference.htm |
Conference
Conference | Twenty fifth annual Pacific Rim Real Estate Society conference (PRRES 2019) |
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Abbreviated title | PRRES 2019 |
Country | Australia |
City | Melbourne |
Period | 14/01/19 → 16/01/19 |
Internet address |