Mergers & Acquisitions Advisory

A Neumann & Associates, LLC

August 15, 2016

What do Millennials look for in both work and life?

By Achim Neumann

Many hiring managers regard Millennials to be a mysterious lot, as the values that this generation holds stand in stark contrast to what they have embraced throughout their careers. What exactly do Millennials want from their work and personal lives? This article will aim to shed some light on what this new cohort seeks to get out of life.

coworking_space_in_berlin

To contribute towards a higher purpose

Millennials seek to impact the world in a positive way, whether it is through their job or through volunteer opportunities. They want to work with companies that have a clear vision for making this world a better place, as this century has the environment and society at a crossroads.

Enterprises that can best articulate how they are working to help make things better will have an advantage over other businesses in securing top Millennial talent.

The pursuit of a high quality of life

Every generation seeks a quality of life that is better than that of the previous one. Millennials are no different, but they often seek to gain in areas such as time and location flexibility as well.

A decent salary is highly desired by millennials, but perks such as fitness centers, break areas with amusements such as foosball tables, and remote working arrangements often tip the scale in favor of companies that are bold enough to offer them.

To be connected to the things that matter most to them

The rise of the Internet occurred in parallel with the formative years of the Millennials, so it should come as no surprise that they value companies that are savvy with regards to its ability to bring people together.

The internet allows Millennials to be connected to the things that matter to them the most, whether it is the latest developments in the lives of their friends, a hobby that they are interested in, or recent advancements in their field.

Smart companies have taken advantage of this tendency by building social messaging platforms within their intranet. This provides Millennial employees a collaborative tool that enables them to get work done in a manner that is second nature to them.

Financial and employment security

While the above listed qualities are all things that Millennials actively seek in their lives, they desire financial security just as much as previous generations. The last 20 years have seen a shift in the global business landscape, with positions in many industries being automated, outsourced or streamlined.

This has created a climate of job instability, with many Millennials often being forced to shift from one temporary gig to another. Companies that wish to attract top Millennial talent should not discount the impact of offering salaries that are above the industry average, as well as providing a work environment that is forgiving of non-fatal mistakes.

This latter quality embraces the entrepreneurial spirit that many in this generation have adopted in response to the employment challenges that many of them have faced in recent years.

About A Neumann & Associates, LLC

A Neumann & Associates, LLC is a professional mergers & acquisitions and business brokerage firm having assisted business owners and buyers in the business valuation and business transfer process through its affiliations for the past 30 years. With an A+ Better Business Bureau rating, the company has senior trusted professionals with a deep knowledge based in multiple field offices along the East Coast and has performed hundreds of business valuations in its history. The firm’s competitive transaction fees are based on successfully completing transactions. For more information, please contact A Neumann & Associates at 732-872-6777 or info@neumannassociates.com

Comments are closed.

Any questions? Please contact us at 732-872-6777
Call Now

Client Testimonials

“ I appreciate your diligent approach to screening buyers and sellers as well as the high quality CIM that you produce.”

Andrey O, Investor

“Finally enjoying retirement after recently selling my business using the services of A Neumann & Associates. Joe Oddo provided the conduit to a successful transaction. Joe knew when to inject input and when to simply listen and allow the buyers to vent, step back and regroup. The outcome met our expectations and got us to the finish line, which included my staying with the company six months in order for the buyers to get their footing and keep our workforce in the loop. He helped at every step by providing his expert guidance & resources. Thank you!”

Emily Parker Myers, Co-Owner - Myers McRae

“I had been in touch with Karin and Gary from A Neumann & Associates regarding some opportunities and was looking forward to meeting with them. Hence, when they organized a seminar in Princeton, NJ, I was quick to sign up. The seminar was very informative as the team walked the attendees through various scenarios and referenced real life buying/selling situations they had been through. The sessions by Gary, Karin and Achim were crisp and focused and brought clarity to potential seller and buyers. I strongly recommend the team and look forward to continue working with them.”

Gaurav Tyagi

“Thank you for your Event on "How to value, Sell, and Buy A Business for Maximum Profit" and the insight into ANA’s approach on what is involved in the Business Exit for sellers. Garys Hervieiou's "Business Valuation", Achim's "Deal structure" presentation and Karin’s "Preparing the Package" are real street knowledge shared. They answered attendees questions which makes it more interesting for learning from others. Great for small businesses like us. The presentations were totally worth our time and travel for the event to Princeton, NJ from Rockville MD. Ravi Bhutani, President, CIPS”

Ravi Bhutani

“Gary, this is to thank you for an excellent job done in selling our business. We could never have done it without your professional expertise, dedication and time put in without reservation to make it happen. We will gladly and highly recommend you to anybody in our position.  It was a pleasure to work with you.”

Pat Iammatteo, Owner

“Your vetting is simply outstanding, among the best I've seen from a broker.”

Eric H., Investor

“I recently contacted A. Neumann and Associates about getting a valuation of my business done. I spoke with Marc, who explained the process in detail. After meeting with Marc in order to get a clear understanding of my business, and what I was hoping to accomplish. His patience in answering all my questions and his knowledge of the proper way to market my business gave me great confidence that this is the firm I will be using to sell my business for max value. Working with Marc at A Neumann & Associates was very easy and professional. I did not know all that was going to be involved in selling my business but they helped me through the process. What I thought was going to be a just another one of those pushy sales companies was just the opposite. Polite, knowledgeable, and a pleasure to talk to and deal with. I highly recommend this firm to anybody who wants to sell now or down the road. Marc not only knows his stuff, but actually is a real nice guy.”

Double Diamond

“Used A Neumann & Associates to sale my business. could not imagine having done it with out the patience and experience Gary provided. Thanks Gary,”

Dennis Frazier

“Working with Marc and his company was a pleasure. What I thought was going to be a just another one of those pushy sales companies was just the opposite. Polite, knowledgeable, and a pleasure to talk to and deal with. Marc handled most of the interaction and he has one of the greatest demeanors. Again, it was a pleasure working with him and his firm.”

Douglas DiCeglio

“I recently completed an acquisition using A Neumann & Associates. Tony Valentino was very helpful and accessible during the entire process. They do a thorough job vetting both parties and got us to the finish line.”

Srini Mudambi
view all testimonials

Contact A Neumann & Associates, LLC

If you are considering selling your business, please contact us to learn more about our comprehensive service spectrum. Our experienced professionals will answer all your questions about selling a privately held business in complete confidentiality. Please fill out our contact form, or call us at 732-872-6777. We will contact you directly and will never identify ourselves to your employees.

call us now
Contact Us for a Free, Confidential Consultation

Experienced M&A Advisors available

Full Name
Email Address
Phone Number
Message