Here come the Millennials! Are you ready?

Large companies must bend to calls for new technology to recruit top Gen Y talent

Alsop warned that IT managers must make sure that the new generation of employees use new technologies according to corporate dictates.

For example, workers just emerging from colleges appear to have far fewer privacy concerns than older workers, creating a strong need for training about the dangers of sharing corporate information online., he said.

The state of Missouri is in the process of developing new rules to guide employee use of virtual worlds or social networks. The new guidelines require that employees assume that activities in virtual communities are public and that any data posted online may be visible for a long time.

Also, any employee conducting business for the state in a virtual community must have explicit authorization from management, according to the new guidelines.

Despite the growing onslaught of the Millennial work force on the corporate world, some companies have not yet had to address the issue.

David Berry, senior vice president and CIO of Coty, a cosmetics company, noted that his company doesn't yet employ many younger workers, and that the IT unit has been too busy -- integrating companies, implementing new products and rolling out new applications -- to address the issue yet.

Nonetheless, Alsop warned that companies must start finding ways to address the needs of Millennials if they want access to the best new talent.

"More and more students are going to ask them what their technology environment is like," he added. "What will wake up companies to this is when they fail to recruit the students they want.

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