Millennials are making up more and more of today’s workforce having surpassed Gen Xers as the largest generation in the workplace in 2016. With new talent comes new expectations concerning technology. It's becoming clear that companies need to focus on technology in order to meet the demands of the new workforce.
Nearly half of American Millennials say they’d likely quit a job if the workplace technology didn’t meet their standards. Yet a CompuCom poll found that 34 percent of companies do little to support this segment of workers.
Millennial Workforce Challenges
Technology is pivotal to successful workforce management and employee retention. Millennials in the workplace have come to expect the same quality of technology that they use in their personal life. And a whopping 72 percent of millennials believe that they will be working in a digital building within the next five years.
Attracting top talent now requires supplying top technology that not only helps to get the job done, but gets the job done faster and more efficiently. But keeping star employees happy by integrating new technology can wreak havoc on the budget.
DaaS is similar to a leasing program in that it includes all the technology hardware, but DaaS augments these capabilities by providing managed services and consulting services needed to select the right devices that attract and maintain top associates. DaaS then provides the peace of mind of making sure the devices are running, updated, supported and retired properly, so that your business is free from the onus of end to end asset lifecycle management.
For a monthly charge, companies can acquire the exact number of devices needed for their associates. This limits the need to pay a flat rate for a specified number of devices that might sit unused, costing companies extra money that they didn’t need to spend.
With technology assets beginning to become outdated and in need of a refresh at about three years old, keeping technology updated can seem like a never ending cycle. But this is proving to be necessary to maintain the best technology and the brightest talent.
As part of the DaaS lifecycle, companies no longer need to worry about removing and trading out their outdated devices. This is automatically built into the DaaS plan. Devices will be removed from rotation at the peak moment for remarketing and trade out the device with a newer, more updated model.
What makes that even better is that companies could have the opportunity to earn some remarketing dollars back from these repurposed devices to either use as part of their device refresh or however they decide works best for their budget.
Implementing DaaS is a stepping stone to a complete digital transformation – bringing companies up to speed with the upcoming workforce while not breaking the budget. It’s one of the main reasons why 30 percent of technology leaders strongly agree that implementing DaaS lowers device procurement costs over the lifecycle.
With DaaS, companies are able to integrate their technology to fit the needs of the individual associate while reducing costs and improving productivity. New technology and a digital transformation attracts and retains associates who are not as strongly attached to the traditional workplace as it currently stands.