Tomorrow's Workers Want Mobile, But Are Employers Ready?
70 percent of future workforce expect a bring-your-own-device culture; value technology perks nearly five times more than a stocked kitchen
SILICON SLOPES, Utah – August 19, 2015 – According to a new study sponsored by Domo, provider of the world’s first business management platform, and CEO.com, an online resource for executives, tomorrow’s workforce is not only mobile-savvy, but it also expects a mobile-first workplace from its future employers.
The study, which polled more than 2,000 college students, confirmed what many have assumed: that millennials are a mobile-first generation. Not surprisingly, the survey confirms that millennials spend most of their time accessing the Internet via a mobile device, 46 percent via a mobile phone and 43 percent on a tablet or laptop. Additionally, the report uncovers how much time millennials spend on various mobile activities. More than 97 percent use their phones to send or receive text messages, 96 percent use them to access the Internet, and 68 percent turn to a mobile device to stream music and send or receive pictures.
The findings also affirm how critical it is for companies to adjust to the ever-changing mobile-centric business world in order to attract top talent, which will increasingly be comprised of the millennial generation. According to Deloitte’s Millennial Survey of 2014, millennials currently make up roughly 37 percent of the workforce—by 2025, that number will grow to 75 percent. Findings from Domo and CEO.com’s report point to ambitious millennials who are anxious and willing to work hard in their future workplaces. 90 percent of them said they prefer a fast-paced work environment and 70 percent expect to work more than 40 hours a week.
“The term ‘mobile’ will have very little significance in tomorrow’s workplace because mobile will be so pervasive,” said Josh James, Domo founder and CEO. “Today’s world is moving to mobile so rapidly that companies without a mobile-first mentality will have a difficult time attracting and retaining customers, and a far bigger challenge attracting and retaining talent.”
At the heart of the report, are the findings of how important technology is for this future workforce. So much, in fact, that 22 percent said they would be less likely to accept a job offer at a company in which mobile technology is not part of the company’s standard working environment. Of the respondents, 29 percent expect their employer to provide them with a mobile phone and 70 percent expect that they will be able to bring their own mobile phone to work (BYOD).
A last finding of the report has to do with other perks millennials expect from their future workplaces. When asked to rank employee benefits, 65 percent said that technology (smartphone/laptop) is the most important perk to them. In comparison, only 12 percent chose free meals/a stocked kitchen and 14 percent chose a gym membership/wellness stipend as most important.
Although not all the young people surveyed agreed on all matters, there was one thing they did agree on: Nearly every respondent (more than 96 percent) agreed that mobile has a permanent presence in future workplaces.
For more information on the Millennials and Mobile Technology Report or to download your own copy, visit: https://www.domo.com/learn/millennials-and-mobile-technolgy.
Domo is a cloud-based business management platform that gives CEOs, managers and decision makers across the business the ability to make faster, more effective decisions by giving them one place to easily access all the information they need.
With more than $450 million in funding, Domo is backed by an all-star list of angels and investors including Benchmark, BlackRock, Capital Group, Fidelity Investments, Founders Fund, GGV Capital, Glynn Capital, Greylock Partners, IVP, salesforce.com, TPG Growth, T. Rowe Price, WPP and Zetta Venture Partners, plus CEOs of the world’s largest SaaS and Internet businesses.
Domo’s founding team consists of some of the most sought after talent in the industry with experience that includes Amazon, American Express, Ancestry.com, eBay, Endeca, Facebook, Google, LinkedIn, MLB.com, Omniture, salesforce.com, SuccessFactors and SAP.
Domo is a trademark of Domo, Inc.