A Study on Millennial Workforce’s Perception about desired Work Place

In today’s business scenario, a major challenge that the organisations are facing is for the dynamic and constantly changing workforce demographics, specifically, with elderly employees are gradually retiring and a new generation called the “Millennials” is entering the workforce who is estimated to be more than half of the workforce by 2020. Retention rate for this generation is quite low as compared to the previous generations. This research paper is written to understand the perceptions of the employees of this new millennial generation, what are their expectations from the work place which will provide some guidelines to the organisations on how to engage and retain them.  Data was collected from primary sources and based on that conclusions were drawn.