How to Force Millennial Employees to Adapt to Your Company

With 53.5 million Millennials now at work in the United States, companies are used to figuring a way to force this generation into their old and outdated business expectations. However, it’s the companies that go out of their way to radically adapt their businesses to the expectations of Millennial employees that will succeed in the next decade. This is especially important to keep in mind now that we know that by 2020 more than half of the entire United States work force will be Millennials.

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Step 1: Get Rid of Your Assumptions

The first step of adapting your company to meet the expectations and desires of Millennial employees is to get rid of your immediate assumptions about the generation.

Instead of considering the workplace’s youngest generation lazy, selfish, uninvolved, and inexperienced, employers need to reframe their assumptions and view of the generation to see their strengths. Millennials are passionate, charitable, interested in learning, and ready for more responsibilities and experience.

Additionally, companies that push away technology from their employees should consider how Millennials embrace technology for professional purposes helping them be more productive.

 

Step 2: Consider Millennials’ Natural Motivations

Employers often consider what motivates their employees once they’ve already been hired, but companies that are ahead of their competitors will design the company culture and job positions with Millennials’ motivations in mind.

Although it’s different for everyone, Millennials as a generational cohort tend to value growth opportunities, challenging projects, the ability to help others, natural career progression, and a work/life balance.

In fact, it would not be odd to hear a young employee say, “I want to be recognized for doing a good job”, “Engage me in a passion of mine” or “I enjoy the flexibility and freedom of the position.”

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Step 3: Meet or Beat Expectations

Once you’ve prepared yourself and your company for the way Millennials work best, it’s on the management team to meet or even beat the expectations of their employees.

Imagine the disappointment one might have if they were told during the interview process that the company was looking for people who wanted to use their creativity to solve challenging problems, but each new idea they presented was passed over in favor of the tried and true. This has happened to me before and after a short period of time, both my employer and myself agreed that we were not a great fit for each other.

 

Step 4: Continue to Develop with Feedback

Millennial employees view feedback and input as a two-way street. They will gladly accept feedback and input if it is presented in a positive way, because they want to gain new skills and constantly improve.  At the same time, they expect their bosses and employer to take the feedback and ideas they provide and consider or even implement them for the betterment of the company.

The way companies adapt to Millennial workers continues to change, but if companies continue to accept feedback and adjust their expectations they are sure to be successful.

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The Newest Vacation Rental Necessity

Introduction

Have you heard of post-sale travel insurance?  The new concept is quickly becoming a vacation rental necessity for vacation rental retailers, property managers, and software providers.  In the next three minutes I guarantee that you’ll understand post-sale travel insurance and some of the ways it can help your vacation rental company meet your goals, obtain more profit, and build better relationships with your guests.  In addition, we’ll explore a few of the more popular reasons why guests purchase post-sale travel insurance.

What Is Post-Sale Travel Insurance?

Travel insurance is a common way to protect guests from the risks of travel, and most professionals in the vacation rental industry understand how it works.  Post-sale travel insurance, on the other hand, is new and different from any other travel insurance products.  The primary differentiator is that it can be sold after the booking and final payment date all the way up until 24 hours before the start of the guest’s trip, which benefits both guests and hosts.

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What Can Travel Insurance Do For Your Vacation Rental Company?

Post-sale travel insurance offers vacation rental companies an additional revenue stream without having to invest any resources, which means that all of the money generated is pure profit.  One software provider estimated that travel insurance could increase their profit per booking by up to 35% and that property managers could increase their profit per booking by 7%.

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Guests love a seamless online purchase process, so finding a travel insurance website that fits your brand and is easy for guests to use is the key to earning additional revenue.  Some companies will even help you create a customized travel insurance website free of charge and in a matter of minutes.

Post-sale travel insurance is incredibly popular with property managers, because it allows them to protect the long term relationships with their guests.  Any travel insurance that prevents guests from purchasing insurance after the final deposit date inherently limits which guests it will cover. What you want is a policy that can be offered to guests up until just before the start of their trip.

Insurance companies are often known as heavily regulated and difficult to work with.  However, post-sale travel insurance is just the opposite since it eliminates the need for insurance licensing and signing a contract.

What Can Travel Insurance Do For Your Guests?

Many guests find that post-sale travel insurance provides them with peace of mind when traveling, a rare occurrence for most guests.  Furthermore many guests are used to staying in hotels where cancellation conditions are very generous, in comparison to the strict cancellation conditions of vacation rentals.

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Post-sale travel insurance claims happen most frequently due to guest injury or illness.  Purchasing post-sale travel insurance helps guests protect against accident and medical expenses during their trip, and also protects against emergency medical evacuation.  Even if guests have a pre-existing condition, they can purchase a valid policy if it is bought within 20 days after their trip deposit is made.

Post-sale travel insurance is also extremely valuable in case of injury, illness, job loss, or a myriad of other covered reasons that might cause a guest to cancel all or a portion of their vacation rental reservation and/or trip.  By purchasing travel insurance the guest immediately transfers all of  these cancellation risks to the insurance company.

How To Get Post-Sale Travel Insurance

The best place to begin offering post-sale travel insurance is through www.pablow.com, which will allow you to create a customized travel insurance wpablow-splashebsite in just a matter of minutes without the licensing and contracts as mentioned above.  The website they provide is completely free and their affiliate fees are competitive with the rest of the industry.  Post-sale travel insurance can be yours in no time!