What are millennials? The definition of a millennial varies; however, the consensus is that millennials are born between 1981 and 1996. Most likely, this generation grew up experiencing the 9/11 terrorist attack and the 2008 presidential election.
These adults saw the turn of the century and the onset of the digital age. Even more, the majority of millennials felt the weight of the 2008 economic recession. These are just a few milestones that millennials witnessed. Now they’re creating a milestone of their own.
Millennials are the largest generation in the U.S. labor force today. According to the US Bureau of Labor Statistics, millennials take up about 44% of the modern workplace.
Often referred to as “Generation Me,” millennials have different priorities than their predecessors. They are often compared to the civic-minded G.I. Generation and are incredibly socially conscious. Such employees place a premium on a high-trust culture, agility, innovation, and purpose.
With this in mind, companies should reconsider how to interact with millennials. According to Gallup, millennials have a reputation for job-hopping. Six in ten millennials are open to new job opportunities. Even more, only 29% of millennials are emotionally and behaviorally engaged in their job. Each year, these statistics have resulted in a high turnover rate that costs the U.S. economy $30.5 billion.
As such, it’s important for employers to adapt their communication methods for millennials — focusing on civility and self-care.
Here are some of the forward-thinking companies that incorporate a millennial mindset, recognized by BestCompaniesAZ:
- Axon
- Bell Bank
- CarMax
- CBIZ
- Farmers Insurance
- Freedom Financial Network
- GoDaddy
- Habitat for Humanity
- Ideas Collide
- Intuit
- Kubra
- Ryan
- Voya Financial
- Workiva
Best Companies For Millennials
See what makes these companies millennial-friendly workplaces and learn more about their unique benefits and company culture.
Axon
With a mission to protect life, Axon provides public safety officers with best-in-class products and services. You may be familiar with their flagship product, the TASER Energy Weapon, designed to help law enforcement officers deescalate with confidence.
Axon prioritizes employee health and well-being with on-site fitness centers, health clinics, and fully stocked kitchens. For mental health, the company offers free counseling services through the Ginger app and monthly lunch-and-learns on various wellness topics.
Axon also believes in work/life balance and offers flexible work hours and telecommuting options. Plus, the company provides up to four months of paid leave for new parents, two of which can be used before the baby is born! All these are important to millennials who place a high value on maintaining a healthy lifestyle.
CarMax
For millennials looking for a career change, CarMax is a great company to consider! For most positions, you don’t need automotive experience, just a sense of curiosity and willingness to learn. The company offers new as well as tenured associates a strong focus on career development, equipping and empowering its employees with the training and tools needed to be successful.
GoDaddy
With a commitment to transparency, employees work together so that every person has a voice. GoDaddy’s Auguste Goldman stated, “We know when our workforce has ownership, we collectively shape our culture and create uncommon outcomes for both our employees and our customers.”
GoDaddy has achieved both gender (global) and ethnicity (U.S.) pay parity for the seventh year in a row. Additionally, in 2021, 37% of all new hires were women and 50% of new hires in the U.S. were minorities.
GoDaddy’s dedication to diversity and inclusion, cool workspaces, and community involvement also appeal to millennials.
Habitat for Humanity
Habitat for Humanity Central Arizona may not be your typical corporate job, but it’s definitely one of the best companies for millennials who want to make positive change happen. This nonprofit organization helps build homes for families in need and relies on employees and volunteers to help make its mission a reality.
If you’re looking for a company that’s dedicated to making a difference, Habitat for Humanity is a great choice. And, because it’s a nonprofit organization, you’ll be eligible for many benefits, such as student loan repayment assistance and flexible work schedules.
Plus, you’ll have the satisfaction of knowing that you’re helping to make a positive impact in the world.
Intuit
Intuit is a top global technologies company that strives to help customers make better, more informed financial decisions. This company is based all over the world and has offices in Texas and Arizona, as well as remote working options. Not only is Intuit a great workplace for furthering a promising career, but Intuit also prioritizes empowering its employees.
From state-of-the-art fitness centers to mental health expense reimbursement – this is a company that strives to create an environment where employees can succeed. Additionally, Intuit is an ideal workplace for individuals looking for career development. The company offers continuous learning through training events, workshops, and free educational tools to foster community learning.
Even for those working from home, there are options for community building and support. For example, Intuit’s ‘Pride in a Virtual World’ event is a virtual celebration of diversity and an opportunity for progress. It’s no wonder that Intuit is a 100 Best Companies in Arizona winner.
Kubra
KUBRA is a technology company that provides customer experience management solutions to some of the biggest brands in the world. The company’s clients include utilities, insurance companies, and government agencies.
KUBRA is a great place to work for millennials who are looking for a challenge. The company offers ample opportunities for professional development and career growth. Additionally, KUBRA provides great benefits such as tuition reimbursement, mentorship program, and flexible work arrangements. This award-winning company is also committed to giving back, with a focus on supporting education and humanitarian initiatives.
Ryan, LLC
Ryan is more than a dynamic tax services firm serving the world’s most respected companies; it’s also a workplace that prioritizes work-life success and promotes new graduates. As a 2022 Fortune 100 Best Company to Work For, Ryan offers freedom, flexibility, and stellar opportunities.
Interested in working around the world or down in Texas? Ryan has locations all over the USA and globally. Interested in advanced career development? Ryan is an Association for Talent Development (ATD) BEST Award recipient and is known for prioritizing talent development with its innovative programs.
The Millennial mindset is an ideal fit for Ryan’s flexible and talent driven environment.
Voya Financial
If you’re looking for a company that understands the needs of millennials, look no further than Voya Financial. This financial services provider offers great benefits and perks for its employees, including student loan repayment assistance, flexible work arrangements, and generous parental leave policies. In addition, Voya is committed to helping its employees grow and develop their careers, with ample opportunities for professional development and advancement.
Overall, the best companies for millennials are those that focus on employee development, offer unique benefits, and encourage a collaborative culture. These companies know that happy employees lead to satisfied customers and are dedicated to making their workplace a great place for millennials to work.
So, what do you want from your employer? If you’re looking for a shift in your career, take a look at what some of the Best Companies in Arizona offer!