Since Howe and Strauss (2007) defined the traits of the Millennials, a number of authors have continued to explore and categorise this generation’s values and traits more than any other; “optimistic spirits, assertive or confident, consummate multitaskers, positive, sociable, cooperative, team oriented with an affinity for innovation and technology”(Pardue 2008, p74). Millennials experience and practice life at an augmented speed, communicating on a multiplicity of electronic devices; “they are an idealistic generation awaiting leadership and motivation; they are primed to do well” and achieve highly (Holt 2012, p81). Despite these characteristics which read as an inventory of an ideal employee, with the merging of multi-generations in a workplace, there comes a disparity in attitudes and approaches; the generational or life-stage divide. Each generation offers rich and valuable outlooks, however to bridge the gap it is important to know what motivates the other.
The generation Y group was born between 1982 and 2000 (Huggins, 2008). This generation grew up with the internet, and relies heavily on instant communications through use of cell phones, text messages and social networking sites (Huggins, 2008). Their communication style is instant using technology all the time, and much less formal than previous generations.
It was the time when the internet was invented and Millennials are the first generation to have access to Internet during their initial years. They are the people who is born between 1980-2000. Years after that, Millennials have been an emerging cohort of generation who is always up-to-date with new inventions, trends, technology, social media and much more. They have been the centre of attraction in the society compare to the older generations by their unique point of view, interest, priorities and expectations (Source: Goldman Sachs Global Investment Research, 2016). This paper will be focusing on who a young Millennial is in perspective of their employment choices and career progression. Initially, we will describe who is Millennials based on media sources, then identifying different study approaches and meanings of Millennials with recognised sources to study the contrast. Finally identifying the opportunities and expectations for the next Millennials followed by a conclusion.
Who is Generation Y? According to business dictionary, Generation Y is the generation of people born during the 1980s and 1990s. Growing in an era where technology changes constantly has made Generation Y more technologically savvy and prone to using media in everyday life. It has also made some people not realize what it was like in the past because Generation Y has seen the technology grow so much in their lifetime. Generation Y has had access to growing and changing technology, such as the internet and video games. Harrison states that Generation Y have been immersed in and surrounded by technology, from television and playing Snake on a Nokia 3210 to World of Warcraft and iPhones there is no escape form electrical devices in the modern world. With all this new technology and video games at the tip of their fingers: How have video games affected Generation Y on a social and media point?
Did you know that there is 80 million apart of Generation Y? That’s a lot, it is said that Generation Y is the “laziest generation ever”. Known as entitled, disrespectful and even “wimps” by many; some people have different opinions. Some people from this generation can be hard working, and not the stereotypical “teens these days”. Generation Y is known as the “laziest generation”, that results in making generalizations about the generation as a whole, but there are many exception.
Millennials and the older generations do have distant relationships in the workplace that needs a resolution to provide a productive and excited work environment that produces results. These critcism about Millennials Steve Gavatorta witness at his own work environment, he states, “One of the common issues I experience when working with clients, who are primarily Baby Boomers and Gen X’ers, involves Generation Y entering the workplace,” Gavatorta describes how he personally experience these objections daily about Generation Y in the workplace, and how the older generations protests about Generation Y and the communication barrier with technology, their sense of entitlement, and their work ethic. Generation Y’s differences compared to the
Generation Y is gradually entering the world of business with each passing year. With each adult comes a necessary occupation that must be fit for the individual and the growing economy. The U.S. Bureau of Labor Statistics states:
The Millennials, who constitute Gen Y, have been exposed to technology like no other generation. Being the generation that grew conterminously with the explosion of technology-driven products and gadgets such as tablets, mobile phones and the like, the Millennials have entered the workforce carrying information overload already with them.
Millennials (also know as generation Y) are people born between the early of the 1980s to the early 2000s. This generation is the youngest in the work place. They are the first generation that grew
Generation Y were brought up in modern America where children have gadgets when they are young to increase learning and productivity. In this generation being brought up without technology would make you feel alienated since the internet started with this generation and the children had access to information their parents didn’t have, which would make work easier for them.
According to Kapoor et al. (2011) one of the most notable features of Generation Y is their prospect of gaining skills to add to the resolutions in contemporary workplace, compared with previous generations; comparing to other generations, the key stimulus of Generation Y is to keep a balance between work and life, pursuing corporations which raise solid workplace interactions, encourage determination and innovation; they place a greater importance on corporate uniformity, obligation and corporate responsibility. Moreover, compared with Generation X, Generation Y have more confidence in their ability for gaining the necessary proficiency and capability, but are frequently disapproved for performing a shorter consideration period and lack of enthusiasm to complete unpretentious tasks which are short of complexity; they choose to be employed in companies that need more teamwork and pursue motivated and inspired accomplishments in their professional careers (Kapoor et al.
The generation X of the 1990s, agreed to the idea that the young generation only thinks about what is to be of direct benefit to them rather than doing that is of benefit to the whole community. On the centrally, the 21st century generation ,commonly referred to as the generation Y is totally different from the ideologies of the previous generation X. With generation Y, there is a group of quit young Australians who highly believes in the younger generation. The generation Y believes that they have come to being as a result of the environment and cultures that they were
Millennials, known as Generation Y, are those born from 1981 through 2001. Kitces (2005) states that the financial planning profession has fallen behind in setting clear expectations about how to develop a career in financial planning, and the result being a
GEN Y ( Also called as Millenials):Millennial have grown up with technology and are comfortable with change. They value skill development and enjoy the challenge of new opportunities. Millennial are able to multi task, they want the flexibility to work where and when they want so that they can pursue their outside interests.
The objective of this research paper is to provide company executives or anyone interested in the topic with information on how to effectively manage Generation Y employees in order to motivate them to stay with a