Gen Y-ify Your Company: Education

Education, both training and post graduate, is immensely important to your employees. Most employees want to be able to get some kind of training or go back for their masters, but this is especially important to Gen Y as they have no experience. In order for their careers to progress, they will need experience and current skills. Experience takes time but current skills can be gotten through training classes and certifications. These certifications can also legitimize the work that they are already performing. Certifications greatly compliment real world experience.

Education is clearly important to all employees but Gen Y will be the most active in pursuing these goals for a number of reasons. First, Gen Y is fresh from college and is used to studying, writing papers, and pursuing knowledge. Second, they have more free time to work at these as they most likely don’t have children or extremely full social calendars.

Your company needs to have a proper training and education budget and policies. These need to be documented, but more importantly, encouraged.  There needs to be enough time and money for those that want education to explore those opportunities without hindrance. If your company has these already, great, now review them to make sure they are up to date. Education costs rise every year, has your budget? If you don’t have these things in place, call a meeting and work on it.

I hope this sheds some light on this topic.  Let me know what you think.

Tim Ferro

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