The study found that two of the top five places to work were tech companies: Google and Apple. According to DECODE partner Eric Meerkamper, “The brands that were chosen are considered to be authentic and innovate; part of some new and important values emerging in the workplace. All of these organizations are places that resonate as being stable and secure. This is an important variable considering the substantial debt load many students will carry upon graduation given rising tuition costs.”

You could essentially distill this down to “people want to work somewhere cool.” And a lot of what’s cool is admittedly perception more than it is reality. Is that fair? Not particularly. But I’d argue that’s almost unavoidable. Think about this question, and answer honestly — would you rather work at Exxon Mobil or Google? Deloitte or Apple? Ernst & Young or Nintendo?

People tend to gravitate towards the younger, hipper companies, even if there’s really not a huge difference in individual experience at the entry-level. And what makes these companies seem “young” and “hip” are actually small things, which don’t have to impact your bottom line. In fact, employers can make their businesses instantly more Y-friendly through just a few small changes to their corporate culture.

Here’s five to get you started:

1. Cultivate an environment of questions — with answers

Current corporate culture often encourages passive learning. New people are expected to attend meetings, stay quiet, take notes, and learn slowly through osmosis. This doesn’t work in the twenty-first century. Without the expectation of a 25 year job with a gold watch at the end, young workers don’t really feel like we have time to just sit quietly and absorb information.

So we tend to ask questions. Often it gets us in trouble. There’s a comment thread on BrazenCareerist wherein Quarter Lifer Amanda notes she’s been fired for asking too many questions.

This is crazy. In the information age, questions are the foundation of learning. Think of google — each search query is a question, and answers are delivered immediately. This is the kind of information environment your new hires grew up with.

Obviously you can’t spend 8-hours a day answering questions, but don’t discourage people from asking. Set up infrastructure — like a twitter account — where employees can ask senior employees questions. That way, everyone will be able to follow along with the answers.

And, no matter what you do, don’t avoid the tough or “insulting” questions. Confront everything head on. If you can’t answer something, then maybe ask your new employee to come up with alternative solutions — you’ll have instantly made them feel valued.

2. Get away from the boring work environment

You don’t need to rip out all your cubicles or put down new carpet, but small things can quickly take an office from “soul-sucking” to “fun”. If your type of business allows, consider setting up a shared music system, where everyone can contribute mp3s or CDs. Instead of those cloying “Motivational” posters, throw up a bulletin board and let people post funny signs or photos (within reason, of course). Don’t use Group Policy to lock everyone to some bland desktop wallpaper — encourage people to individualize their computers.

And, when the situation calls for it, don’t be afraid to use a little bit of profanity around the office. It boosts morale. Really.

3. Embrace — and try — new technology

Too many businesses are still using sales software that’s straight out of the 1980s. Nothing kills morale faster than knowing that you have to deal with cludgy old technology. Especially when the employee knows that they could accomplish the same task in half-the-time if given better software.

This doesn’t have to cost you. A ton of software these days is open-source and free. If someone has a suggestion involving new technology, give them a chance to pitch it to you and, if it makes sense, give it a week-long trial run. What’s the worst that can happen?

4. Be Open

This doesn’t mean you need to hand out your budgets to all employees, but it’s no secret that closed door meetings are divisive. Inclusiveness is a vital part of retaining your Gen Y employees.

So be open. Invite people involved in other projects to sit in on meetings. They’ll feel more plugged in, and you may end up getting some interesting perspective. If something big has happened to the business — whether good or bad — consider letting the whole staff know about it. If you start crafting an ‘inner circle’ of only your senior staff members, those left out can easily become disgruntled.

If you’re worried about the time this might take, leverage technology. CEOs from all sectors are blogging regularly, to great effect. It lets people know what’s going on at the top-level, and also has the bonus side-effect of making people who can easily seem distant more relatable.

5. Don’t try too hard

The last thing I want is for people to take this list and instantly become the boss that wanders around trying to be everybody’s friend. Don’t be that guy. The kinds of changes outlined in this list shouldn’t be forced. Nor should you implement them then act like you’ve given all your employees a great favour.

This works in tandem with the point above — in addition to being open, you need to be honest. Ultimately, when it comes to managing people, if you’re not happy and motivated in YOUR position, none of the people under you will ever give a damn.

This kind of change needs to be made in the spirit of making your business more efficient and your team more effective. Go forward in that light, and your intergenerational team should hum along just fine. Start making changes because you just want those damned young employees to play nice and stop jerking you around, and you’re not likely to get anywhere at all.

Be open. Be honest. Be real. Be cool. It can be that simple.

Photo by Steve Deger. Licensed under Creative Commons

ROWE stands for Results-Only Work Environment. In a ROWE, each person is free to do whatever they want, whenever they want, as long as the work gets done. Currently, there are two authentic ROWEs—Fortune 100 retailer Best Buy Co, Inc. and J. A. Counter & Associates, a small brokerage firm in New Richmond, WI. At both organizations, the old rules that govern a traditional work environment—core hours, “face time,” pointless meetings, etc.—have been replaced by one rule: focus only on results.

Read both part one and part two. I really think this ROWE has a lot to do with the future of work, especially as more Gen Ys take up careers.

That’s kind of obvious, isn’t it? I do kind of wonder if this isn’t just a constant feeling amongst newer workers, though. Did young workers in the 60s, 70s and 80s really walk into their first real career-style job expecting nothing but hardship and strife? Are we really the first generation that expects better than that?

The article does touch on what I think is the real reason behind this supposed phenomenon: “There is more job availability today, so this generation isn’t afraid to change jobs, and it’s used to adapting.”

So, really, maybe it isn’t that Gen Y is unique in expecting better, but rather that we’re the first to actually get it?

The official policy for this post-face-time, location-agnostic way of working is that people are free to work wherever they want, whenever they want, as long as they get their work done. “This is like TiVo (TIVO ) for your work,” says the program’s co-founder, Jody Thompson.

The comparison to TiVO is particularly apt, because it underlines one of the less obvious connections between new technologies and our working lives: that technology brings choice. For some reason, a lot of people tend to assume technology is all about efficiency, but that’s not really the case. It’s always been about choice. The choice to send a quick e-mail as opposed to writing and mailing a letter. The choice to edit those photos in-house with the click of a button instead of sending them off to a third-party with an X-acto knife and a darkroom. And, now, the choice to work a schedule that isn’t rigidly defined by your daily access to some largely irrelevant building.

It seems to be working. Since the program’s implementation, average voluntary turnover has fallen drastically, CultureRx says. Meanwhile, Best Buy notes that productivity is up an average 35% in departments that have switched to ROWE. Employee engagement, which measures employee satisfaction and is often a barometer for retention, is way up too, according to the Gallup Organization, which audits corporate cultures.

This is an old article, so I’d be interested in any kind of a follow-up on how it’s going now, but I suspect it’s largely the same. People, when not told exactly when they need to work, will tend to work more, not less. I think the big barrier management needs to get over when it comes to policy’s like Best Buy’s ROWE has nothing to do with any valid concerns of productivity, but rather losing control.

Photo by Ian Muttoo. Licensed under Creative Commons