Motivating and Developing Millennials in a Public Accounting Setting

• In Event: Research Papers Dialogue Session—Potpourri

Abstract

The Millennial generation has experienced significant growth in the workplace. In a few short years, this generation will surpass all others in the workplace in its size and scope. The PwC Next Gen Study (2013) states that Millennials currently comprise two thirds of the PwC workforce and are projected to make-up 80% of their workforce by 2016. Studies have indicated that the millennial generation has a set of needs demanded from its employers that are different from other generations. Millennials are said to seek a work/life balance, flexibility in where and how much they work, and to be appreciated for their contributions while expressing less importance on pay than other generations. Using concepts from work motivation theories, we discuss how the needs and desires of Millennials can be address through simple changes made to the work environment to increase the satisfaction and development of millennial staff.

Authors

• Lucian M Zelazny, University of Dayton

• Richard Stover, University of Dayton