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What Attracts Young Filipino Employees to a Company?

Happy Penbrothers employees Yen Tenorio

Happy Penbrothers employees Yen TenorioOut of all of the bosses I’ve had before, thereโ€™s only one that really stands out. He is also a millennial like me. His leadership style is exceptional. Occasionally, he asks for my suggestions and opinions regarding his orders. During those times, I felt like I was just doing some group work rather than actually working. Being able to contribute, even just in the form of ideas, is a big thing for me because I like I am helping the company directly.

As I have observed, millennials donโ€™t have tiyaga or perseverance because they tend to tender resignation within two years at a company. I reckon that companies need to do something about their young workforce. In line with this, I took part in an in-depth study about what young Filipino employees look for in a company.

What Attracts Young Filipino Employees 2

According to a survey with over 18,000 respondents living in the Philippines who are active job-seekers or checking for jobs, here is what they are eyeing:

Salary

Gen Z (18-23 years old) gives importance to a signing bonus compared to Gen Y, also known as millennials (24-34 years old) who give importance to profit sharing. However, both young generations are attracted to a guaranteed 14-month pay and equity in the business.

Career Development

If youโ€™re a millennial, self-development and mentoring programs are probably appealing to you. To Gen Zers, scholarship, overseas training, and employment opportunities are more alluring. Between the two, I would prefer the best of both worlds: mentoring programs and abroad training.

Work-life Balance

Both generations need flexible working hours. However, Gen Zers prefer having more business trips, while millennials prefer to cash out unused annual leaves or take unpaid leaves. Personally, I would opt to go on business trips since they offer learning through experience and seeing wonderful new people and environments.

What Attracts Young Filipino Employees 3

Paul Tuazon, Sales Manager of JobStreet.com presents the Laws of Attraction Survey

Job Security

Millennials want to have a permanent role like previous generations (Gen X and Baby Boomers) but Gen Zers prefer projects or part-time jobs. This is because online jobs are booming since high technology and different jobs can be taken at the same time as long as they can be delivered.

A Positive Culture

Having a positive working environment involves bosses and seniors encouraging newbies when doing a project or a specific task. Also, when you are new, you probably have a lot of fresh ideas that youโ€™d like to share with your respective team/unit. Itโ€™s important to have a superior that is open to collaborations during meetings instead of someone who just barks orders on what to do. Young Filipinosโ€™ ideal colleagues are also respectful and fun, according to the survey.

107coworkingspace 10As a new tool, Laws of Attraction can help companies determine what they can offer to young and talented employees. It also provides the specific needs of the respondents in a certain industry.