By 2025, the freedom-seeking Millennials (19 – 30 years old), will make up 75% of the global workforce and their independent-thinking and entrepreneurial mindset is going to change the future of the workplace.
The Millenials entered the workforce during the Information age, the Industrial age is dead, and the barriers of the Industrial Age work environment simply don’t make sense for businesses that want to get more work done, or for workers who are demanding more freedom. No one today wants to be confined to a cubicle”.
Unlike their baby boomer parents, the millennials, feel no sense of “job security”, by working a corporate, 9-5 job. But instead they since a greater feeling of security and more important to them, freedom, freelancing for multiple sources working wherever they want, whenever they want.
Yahoo must be out of touch. Earlier this year, Yahoo CEO Marissa Mayer banned her employees from working from home. The head of Yahoo HR wrote in a memo. “We need to be one Yahoo!, and that starts with physically being together.”
Yahoo was blasted by the media, after all everybody knows, that people who work from home are far more productive, right?
The problem is, both sides are right. Allowing your people to Work from home, lets people operate efficiently. Many programmers perform best when they can go from say, 10 pm to 4 in the morning, which is why so many high tech firms let valuable coders work from home. When your people, work from home, they can roll out of bed and be at work in two minutes being, more productive.
However, working together makes you more creative. Productivity and creativity, in other words, can be polar opposites.That is the real challenge for people who run modern organizations, understanding, what they need, productivity or creativity, not where to do it.
While one size fits all policies, like the one at Yahoo may be outdated with the Millenials entering the workforce, even still the rumor of the Death of The Office, may be premature.
This information is for informational purpose and not intended to be investment advice, and should be explained to you in detail. You should always feel free to consult an attorney and/or tax adviser to obtain further information you deem necessary. I want you to be prepared