The typical Millennial is immersed in the online world and is comfortable working with teams virtually, so Generation Y tends to like telecommuting and the concept of being location independent. Fortune’s 100 Best Companies to Work For list, released Thursday, offers guidance when searching for telecommuting opportunities.
Eight-four of the companies on Fortune’s 100 Best Companies to Work For list allow employees or work from home at least 20 percent of the time. Deloitte topped the list though, with 93 percent of its employees regularly telecommuting. Cisco follows with 85 percent of its employees regularly telecommuting; Brocade Communications Systems, Intel and PriceWaterhouseCoopers each have 70 percent telecommuting.
The top ten companies most agreeable to telecommuting, that are also on Fortune’s 100 Best Companies to Work For list, are:
- Brocade Communications Systems
- S. C. Johnson & Son
- American Fidelity Assurance Co.
- Shared Technologies
Interestingly, PriceWaterhouseCoopers and Accenture both made Brazen Careerist’s Top 50 Gen Y Companies, a list of the most Gen Y-friendly companies compiled by the career management site specifically for young professionals.
So, why is telecommuting a hot topic or desirable job option for Millennials? Why is Generation Y seeking location independent lifestyles?
It is easy to chalk this up to the standard stereotypes that Gen Y is entitled, lazy and doesn’t want to work for anything. That’s probably a narrow view. Sure, Millennials like to travel, they tend to have wanderlust and like to move around, but it really comes down to efficiency.
The Internet revolutionized the way everyone gets information, it’s quick and efficient. Having always had the Internet to aid in research projects in school, Generation Y is accustomed to this efficiency and seeks it in all aspects of life. Millennials see commuting as a waste of time and they pay attention to their own peak efficiency times. They think things like: If you know you work best early in the mornings and late at night, why not work at those times? Why not use existing and free tools on the internet, such as IM and Skype, to keep in contact with colleagues in an efficient manner?
The latest Conference Board report shows that American job dissatisfaction is at an all-time low, with only 45 percent of Americans satisfied with their work situations. Gen Y leads the pack as the most dissatisfied, with less than 37 percent reporting job satisfaction.
Progressive practices and employee benefits, particularly telecommuting and location independent options, will help boost those numbers, especially among Generation Y. Looks like some major companies like Deloitte and Accenture have that figured out, maybe some more ought to follow suit.
For more info: Fortune’s 100 Best Companies to Work For list on CNNMoney.com allows you to sort companies based on various criteria, in addition to telecommuting. You can even see which of these companies are currently hiring.