Millenial generation: how can companies motivate and retain gen Y

• Autor(a) principal: Santos, Daniela Sofia Zacarias dos
• Data de Publicação: 2018
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10071/17897
• topic: Millennial generation; Motivation; Job turnover; Employee retention; Gestão de recursos humanos; Gestão de talentos; Motivação no trabalho; Geração

Talent managers are responsible for designing the processes to attract, develop, motivate, engage and retain high potential employees. This process becomes furthermore complicated when we talk about talent management across the multiple generations present in the current workforce. Several articles are recognizing the difficulties of managing Millennials, as they move into the workforce. Despite the already existent literature regarding this generation and its relationship with work, there is a lack of literature about this reality in Portugal. The current study addresses this opportunity and analyses which factors affect more Gen Y Motivation and Intention of changing work in the Portuguese work reality. This thesis is going to have the form of a dissertation based on a sound theoretical basis, linked to the collected data about the research topic: how to motivate and retain Millennial Generation. Quantitative data was collected through a survey, in order to respond to the research questions. The results show that to recruit and retain Millennial workers, organizations should promote a flexible, team-based work environment, along with challenging and meaningful work instead of only investing in policies related with salary, or extra benefits The findings help to better understand which type of policies human resources managers should invest in order to successfully motivate and, therefore, retain Millennial's workers.