{ "docId": "019dd923-5de0-76bd-a16a-a670e7435160", "docSlug": "4004c68b284ad9c2", "documentTitle": "The Deloitte Global Millennial Survey 2020", "authorId": "Deloitte", "authorName": "Deloitte", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.778, "pageNumber": 18, "pageCount": 36, "prevPage": 17, "nextPage": 19, "slideType": "industry_trends", "function": "analyze_data", "density": "overcrowded", "nDataPoints": 25, "notes": "Includes two charts: a grouped bar chart comparing millennial and Gen Z perceptions of employer performance, and a horizontal bar chart showing millennial turnover expectations over time.", "elementsJson": [ "headline_text", "action_title", "paragraph", "bar_chart_grouped", "bar_chart_horizontal", "footnote" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5de0-76bd-a16a-a670e7435160/18", "deckHref": "/decks/019dd923-5de0-76bd-a16a-a670e7435160", "deckJsonHref": "/decks/019dd923-5de0-76bd-a16a-a670e7435160.json", "deckAnchorHref": "/decks/019dd923-5de0-76bd-a16a-a670e7435160#slide-18", "components": [ { "bbox": null, "kind": "callout", "text": "For the first time since asking the question in 2016, more millennials in the primary survey said they want to stay with their employers for five or more years than leave within two years.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-0492-731c-970c-fa7f4e72af8a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.435, "w": 0.535, "x": 0.326, "y": 0.225 }, "kind": "chart", "text": "Employers doing more to align with millennials' and Gen Zs' interests (primary survey)", "attrs": null, "subkind": "bar-grouped", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0fe8ec7d-9b58-4531-963b-7f307afe253f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.385, "w": 0.155, "x": 0.705, "y": 0.255 }, "kind": "chart", "text": "Percent of millennials who expect to leave in the next two years", "attrs": null, "subkind": "bar-horizontal", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8a4690ce-f1d9-4456-8f2c-d50e8157bf67", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "metric", "text": "Percentage of millennials expecting to leave: 31%", "attrs": null, "subkind": "primary", "toolName": "Quantification", "toolSlug": "quantification", "confidence": null, "componentId": "019dd952-0492-731c-970c-fdadfb1db6e1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.125, "w": 0.635, "x": 0.326, "y": 0.762 }, "kind": "paragraph", "text": "Training and skills development also plays an important role. Even before the pandemic, many millennials and Gen Zs were skittish about their long-range career prospects. This year's primary survey saw a 12-point drop (57% to 45%) in the number of millennials who think they possess some but not all of the skills and knowledge required for future success, while those unsure whether they have the right capabilities jumped from 9% to 17%. And millennials who said technology will merely augment their jobs fell from 49% to 37%,", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0e66e5fe-7b54-448f-900d-7eaeb78da3be", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.215, "w": 0.305, "x": 0.038, "y": 0.195 }, "kind": "paragraph", "text": "Whether employers were finally starting to better meet workers' needs, or millennials were feeling the need to find stability even before the pandemic, for the first time since asking the question in 2016, more millennials in the primary survey said they want to stay with their employers for five or more years than leave within two years. Those who would leave in two years or less dropped from 49% to 31%, while those who'd prefer to stay long-term jumped from 28% to 35%. Gen Zs remain more interested in moving, but only half said they'd like to change jobs within two years, down from 61% last year.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4e8c6ecc-7d23-43b0-a7e9-0878fcfb7265", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.285, "w": 0.305, "x": 0.038, "y": 0.532 }, "kind": "paragraph", "text": "To that point, respondents in the primary survey acknowledged that employers are making headway in addressing the values of younger generations. Millennials who feel their employers are creating diverse and inclusive work environments inched up three percentage points from last year, to 71%. \"Having a positive impact on communities\" improved (65% to 69%). And 61% said that \"reducing its impact on the environment\" is one of the things their companies are doing well. Notably, this number was 22 percentage points higher among those who intend to stay in their jobs five or more years than those looking to leave fairly soon, a further indication that environmental stewardship influences loyalty.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8e411ee0-de19-40ed-94c7-8fffc36b1882", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.022, "w": 0.245, "x": 0.038, "y": 0.158 }, "kind": "title", "text": "Addressing what employees want", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0fecc9fc-2344-4425-b971-0edafbc2f61b", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Audience Definition", "slug": "audience-definition", "agent": "Storyteller", "layer": "slide", "matchId": "11753bd4-7aef-4106-9e38-7da8b893acc4", "evidence": "The slide discusses the values and needs of younger generations, specifically millennials and Gen Zs, indicating that the content is tailored to a specific audience.", "confidence": 0.7 }, { "name": "Storytelling Effect", "slug": "storytelling-effect", "agent": "Storyteller", "layer": "slide", "matchId": "9fbcc5b9-3a42-4a03-bbd2-46557a4b5afb", "evidence": "The slide uses narrative elements to convey the importance of addressing what employees want, suggesting a storytelling approach.", "confidence": 0.6 } ], "frameworks": [], "arcBeats": [], "loops": [ { "to": 27, "from": 7, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "de1057d3-f09a-4b35-ac1e-0c635fb1f62b", "evidence": "The document presents findings on the impact of COVID-19 and the need for change, and then provides insights on how to create a new and better normal.", "position": 0, "objective": "Why now? What needs to change?", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }