Millennials
Millennials are typically team-oriented, banding together to date and socialize rather than pairing off. They work well in groups, preferring this to individual endeavors. They're good multitaskers, having juggled sports, school, and social interests as children so expect them to work hard. Millennials seem to expect structure in the workplace. They acknowledge and respect positions and titles, and want a relationship with their boss. This doesn't always mesh with Generation X's love of independence and hands-off style.
http://apps.americanbar.org/lpm/lpt/articles/mgt08044.html by Diane Thielfoldt and Devon Scheef
Millennials are used to working in teams and want to make friends with people at work. Millennial employees work well with diverse coworkers.
http://humanresources.about.com/od/managementtips/a/millenials.htm By Susan M. Heathfield Human Resources Expert
Millennials have a "can-do" attitude about tasks at work and look for feedback about how they are doing frequently - even daily. Millennials want a variety of tasks and expect that they will accomplish every one of them. Positive and confident, millennials are ready to take on the world.
http://humanresources.about.com/od/managementtips/a/millenials.htm By Susan M. Heathfield Human Resources Expert
The millennials joining your workforce now are employees born between 1980 and 2000, or 1981 and 1999, depending on the author. Unlike the Gen-Xers and the Baby Boomers, the Millennials have developed work characteristics and tendencies from doting parents, structured lives, and contact with diverse people
http://humanresources.about.com/od/managementtips/a/millenials.htm By Susan M. Heathfield Human Resources Expert
1. Millennials are the most racially diverse generation in American history 2. Millennials are less likely to "tie the knot" 3. The leaders of the social media pack 5. "Selfie" overload 6. Economic hardships, yet very optimistic 7. Less attached to politics and religion
http://voxxi.com/2014/03/07/next-america-millennial-generation-facts/ Jessica Lucia Roiz
29 percent consider themselves religiously unaffiliated.
http://whatis.techtarget.com/definition/millennials-millennial-generation
50 percent of Millennials consider themselves politically unaffiliated.
http://whatis.techtarget.com/definition/millennials-millennial-generation
Millennials are more diverse than previous generations: 39 percent are nonwhite (14 percent African American, 20 percent Hispanic, and 5 percent Asian-American), compared to 30 percent of the general population.1
http://www.advocatesforyouth.org/millennials
Millennials care about reproductive and sexual health and access to services: they are more likely to support to support access to abortion within their community (68 percent support), legality for same-sex marriage (74 percent support), and comprehensive sex education (88 percent support), than any other generation.5,6
http://www.advocatesforyouth.org/millennials
They are more connected: 90 percent use the Internet at least occasionally, compared to 79 percent of boomers, and 75 percent use social networking sites, compared to only 30 percent of boomers.
http://www.advocatesforyouth.org/millennials
They are more highly educated: 54 percent have had some college education, compared to only 36 percent of "baby boomers" (those ages 50-64) at their age.
http://www.advocatesforyouth.org/millennials
Millennials confident in their ability to contribute to the growth and success of their employer from day one, says Pollak. Research from The Hartford's 2014 Millennial Leadership Survey reveals that 83 percent of the 785 respondents felt they were leaders among their family and friends, and 73 percent of those surveyed aspired to lead in the workplace over the next five years.
http://www.cio.com/article/2879651/careers-staffing/busting-millennials-in-the-workplace-myths.html Sharon Florentine
Nearly half of the U.S. workforce (46 percent) will be made up of millennials by the year 2020, according to research from the University of North Carolina. Rather than waste time deriding the perceived shortcomings of this younger generation, businesses should be working to better understand the motivations and strengths of these up-and-coming leaders and figure out how best take advantage of those skills.
http://www.cio.com/article/2879651/careers-staffing/busting-millennials-in-the-workplace-myths.html Sharon Florentine
They've been called everything from lazy to prima donnas. They stand accused of being narcissistic, needing excessive handholding and having an unrealistic sense of entitlement.
http://www.cio.com/article/2879651/careers-staffing/busting-millennials-in-the-workplace-myths.html Sharon Florentine
A 2009 Pew survey indicated that 84 percent of Millennials disagreed either somewhat or completely (two-thirds) that "women should return to their traditional roles in society." Last year, 82 percent of Millennials told Pew that the trend toward more women in the workplace has been a "change for the better."
http://www.csmonitor.com/Commentary/Opinion/2012/0524/As-Millennials-reject-gender-roles-but-embrace-marriage-they-re-changing-society By Morley Winograd and Michael D. Hais
If anything, they place even greater importance on those values. About 85 percent of Millennial men and women say that having a successful marriage is very important to them. More than a third of Millennial women say marriage is one of their most important goals. Virtually all Millennials (95 percent of women and 93 percent of men) place an even greater premium on being a good parent. And, a clear majority of women indicate that parenthood is at the top of the list among their values.
http://www.csmonitor.com/Commentary/Opinion/2012/0524/As-Millennials-reject-gender-roles-but-embrace-marriage-they-re-changing-society By Morley Winograd and Michael D. Hais
In the most striking evidence yet of gender equality among members of the Millennial generation (born 1982-2003), data from Pew Research Center surveys conducted in 2010 and 2011 found that female Millennials were just as likely as males to say that being successful in a high-paying career or profession is a very important or even the most important thing in their lives.
http://www.csmonitor.com/Commentary/Opinion/2012/0524/As-Millennials-reject-gender-roles-but-embrace-marriage-they-re-changing-society By Morley Winograd and Michael D. Hais
Millennial women have decisively acted on these beliefs. The Millennial Generation is the first in US history in which women are more likely to attend college and professional school than are men. And once in college, women are also more likely to graduate then men. By 2016, women are projected to receive an even larger majority of undergraduate and advanced degrees than they earn now
http://www.csmonitor.com/Commentary/Opinion/2012/0524/As-Millennials-reject-gender-roles-but-embrace-marriage-they-re-changing-society By Morley Winograd and Michael D. Hais
Millennials are the generational group with the highest level of education in American history. In addition to having the largest-ever percentage of high school graduates, a 2012 survey showed that for the first time, a third of 25- to 29-year-old Americans had earned a bachelor's degree. According to Pew Research, these trends can be attributed to economic recession and changing attitudes toward the importance of education. This shift is clearly seen in a poll from 1978, when 36 percent of those surveyed characterized college as "very important," a number which increased to 75 percent in 2010. Read more : http://www.ehow.com/info_8144493_millennial-generation-characteristics.html
http://www.ehow.com/info_8144493_millennial-generation-characteristics.html By Agatha Clark, eHow Contributor Read more : http://www.ehow.com/info_8144493_millennial-generation-characteristics.html
Communication is key for Generation Y however it has to be on the right terms. Sending a Generation Y an email, a tweet or a Facebook message will receive an instant reply whereas a phone call may take a little longer for a return. Within the office environment Generation Y's prefer communication via email whereas the baby boomer generation prefer to pick up the phone. Communication which is quick, effective and on Generation Y terms will be conducted in a heartbeat.
http://www.generationy.com/characteristics/ Ryan Gibson
Teamwork is high on the agenda of Generation Y. Working as a team is high on the agenda and regular team meetings and collaboration with colleagues is preferred. Generation Y wants to be involved and included. They expect openness and transparency from management and colleagues and seek for this team playing mentality within an organization.
http://www.generationy.com/characteristics/ Ryan Gibson
As Millennials enter their peak home-buying years, their reluctance to enter the housing market could change. The cohort's sheer size, plus its desire to settle down in the future, could lead to a surge in home sales.
http://www.goldmansachs.com/our-thinking/outlook/millennials/index.html?cid=PS_02_18_07_00_00_15_01 Goldman Sachs Global Investment Research
Finally, they are dedicated to wellness, devoting time and money to exercising and eating right. Their active lifestyle influences trends in everything from food and drink to fashion. These are just some of the trends that will shape the new Millennial economy.
http://www.goldmansachs.com/our-thinking/outlook/millennials/index.html?cid=PS_02_18_07_00_00_15_01 Goldman Sachs Global Investment Research
It's not just homes: Millennials have been reluctant to buy items such as cars, music and luxury goods. Instead, they're turning to a new set of services that provide access to products without the burdens of ownership, giving rise to what's being called a "sharing economy."
http://www.goldmansachs.com/our-thinking/outlook/millennials/index.html?cid=PS_02_18_07_00_00_15_01 Goldman Sachs Global Investment Research
Millennials have been putting off significant milestones like marriage and children. But that doesn't mean they want to stay single forever.
http://www.goldmansachs.com/our-thinking/outlook/millennials/index.html?cid=PS_02_18_07_00_00_15_01 Goldman Sachs Global Investment Research
Millennials' affinity for technology is reshaping the retail space. With product information, reviews and price comparisons at their fingertips, Millennials are turning to brands that can offer maximum convenience at the lowest cost.
http://www.goldmansachs.com/our-thinking/outlook/millennials/index.html?cid=PS_02_18_07_00_00_15_01 Goldman Sachs Global Investment Research
The Millennial generation is the largest in US history and as they reach their prime working and spending years, their impact on the economy is going to be huge. Millennials have come of age during a time of technological change, globalization and economic disruption. That's given them a different set of behaviors and experiences than their parents.
http://www.goldmansachs.com/our-thinking/outlook/millennials/index.html?cid=PS_02_18_07_00_00_15_01 Goldman Sachs Global Investment Research
They have been slower to marry and move out on their own, and have shown different attitudes to ownership that have helped spawn what's being called a "sharing economy." They're also the first generation of digital natives, and their affinity for technology helps shape how they shop. They are used to instant access to price comparisons, product information and peer reviews.
http://www.goldmansachs.com/our-thinking/outlook/millennials/index.html?cid=PS_02_18_07_00_00_15_01 Goldman Sachs Global Investment Research
Who are they? A different world, a different worldview. Millennials have grown up in a time of rapid change, giving them a set of priorities and expectations sharply different from previous generations.
http://www.goldmansachs.com/our-thinking/outlook/millennials/index.html?cid=PS_02_18_07_00_00_15_01 Goldman Sachs Global Investment Research
What parents do and don't do, say and don't say, provide their children with the experiences that the children interpret into beliefs. Those beliefs, in turn, then determine their behavior and emotions and, ultimately, their lives-for better or for worse.
http://www.improveyourparenting.com/parents-behavior.html
Millennials have been characterized in a number of different ways. On the negative side, they've been described as lazy, narcissistic and prone to jump from job to job. The 2008 book "Trophy Kids" by Ron Alsop discusses how many young people have been rewarded for minimal accomplishments (such as mere participation) in competitive sports, and have unrealistic expectations of working life.
http://www.livescience.com/38061-millennials-generation-y.html Douglas Main
Millennials are "hooked" on social media in much the same way older. generations are "hooked" on email at work. Millennials are not a homogeneous cohort. Millennials embrace authentic cause marketing and align to brands with a purpose. Millennials are in many ways similar to older generations.
http://www.millennialmarketing.com/who-are-millennials/
Millennials include some of the earliest digital natives. Millennials are interested in participating in your marketing. Millennials are known as content creators and users. Millennials crave adventure- often "safer" adventures. Millennials strive for a healthy lifestyle. Millennials seek peer affirmation
http://www.millennialmarketing.com/who-are-millennials/
Millennials are 77 million strong, on par with Baby Boomers, and they make up 24 percent of the U.S. population. This represents significant opportunity for brands that understand who Millennials are, where they live and what they watch and buy. In order to truly understand Millennials, however, they must be put in the context of the other generations. While there are varied definitions of the generations from the past century, Nielsen defines them as follows:
http://www.nielsen.com/us/en/insights/reports/2014/millennials-breaking-the-myths.html Consumer
Millennials may be many things, but they may not be what you expect. Millennials are the social generation. They're the founders of the social media movement—constantly connected to their social circles via online and mobile. They prefer to live in dense, diverse urban villages where social interaction is just outside their front doors. They value authenticity and creativity, and they buy local goods made by members of their communities. They care about their families, friends and philanthropic causes. But they're also coming of age in the most dire economic climate since the Great Depression-making their families, communities and social networks even more valuable as they band together.
http://www.nielsen.com/us/en/insights/reports/2014/millennials-breaking-the-myths.html Consumer
They are more inclined toward trust in institutions than were either of their two predecessor generations — Gen Xers (who are now ages 30 to 45) and Baby Boomers (now ages 46 to 64) when they were coming of age.
http://www.pewresearch.org/2009/12/10/the-millennials/ Scott Keeter and Paul Taylor
They are starting out as the most politically progressive age group in modern history. In the 2008 election, Millennials voted for Barack Obama over John McCain by 66%-32%, while adults ages 30 and over split their votes 50%-49%. In the four decades since the development of Election Day exit polling, this is the largest gap ever seen in a presidential election between the votes of those under and over age 30
http://www.pewresearch.org/2009/12/10/the-millennials/ Scott Keeter and Paul Taylor
They are the first generation in human history who regard behaviors like tweeting and texting, along with websites like Facebook, YouTube, Google and Wikipedia, not as astonishing innovations of the digital era, but as everyday parts of their social lives and their search for understanding.
http://www.pewresearch.org/2009/12/10/the-millennials/ Scott Keeter and Paul Taylor
They are the least religiously observant youths since survey research began charting religious behavior.
http://www.pewresearch.org/2009/12/10/the-millennials/ Scott Keeter and Paul Taylor
They are the most ethnically and racially diverse cohort of youth in the nation's history. Among those ages 13 to 29: 18.5% are Hispanic; 14.2% are black; 4.3% are Asian; 3.2% are mixed race or other; and 59.8%, a record low, are white.
http://www.pewresearch.org/2009/12/10/the-millennials/ Scott Keeter and Paul Taylor
A new Pew Internet Project report reveals a decline in blogging among Millennials but a modest rise among adults ages 30 and older. Young adults continue to lead the way in other online avenues, however. Millennials are increasingly connecting to the internet wirelessly (81% have), and nearly three in four of those who go online use social networking sites. Teens do not use Twitter in large numbers, but high-school-age girls show the greatest enthusiasm for the application.
http://www.pewresearch.org/millennials/
The "Millennial Generation" of young voters played a big role in the resurgence of the Democratic Party in the 2006 and 2008 elections, but their attachment to the Democratic Party weakened markedly over the course of 2009
http://www.pewresearch.org/millennials/
Millennials are on course to become the most educated generation in American history, a trend driven largely by the demands of a modern knowledge-based economy, but most likely accelerated in recent years by the millions of 20-somethings enrolling in graduate schools, colleges or community colleges in part because they can't find a job. Among 18 to 24 year olds a record share — 39.6% — was enrolled in college as of 2008, according to census data.
http://www.pewsocialtrends.org/2010/02/24/millennials-confident-connected-open-to-change/
Only about six-in-ten were raised by both parents — a smaller share than was the case with older generations. In weighing their own life priorities, Millennials (like older adults) place parenthood and marriage far above career and financial success. But they aren't rushing to the altar. Just one-in-five Millennials (21%) are married now, half the share of their parents' generation at the same stage of life. About a third (34%) are parents, according to the Pew Research survey. We estimate that, in 2006, more than a third of 18 to 29 year old women who gave birth were unmarried. This is a far higher share than was the case in earlier generations
http://www.pewsocialtrends.org/2010/02/24/millennials-confident-connected-open-to-change/
Politically, Millennials were among Barack Obama's strongest supporters in 2008, backing him for president by more than a two-to-one ratio (66% to 32%) while older adults were giving just 50% of their votes to the Democratic nominee. This was the largest disparity between younger and older voters recorded in four decades of modern election day exit polling. Moreover, after decades of low voter participation by the young, the turnout gap in 2008 between voters under and over the age of 30 was the smallest it had been since 18- to 20-year-olds were given the right to vote in 1972
http://www.pewsocialtrends.org/2010/02/24/millennials-confident-connected-open-to-change/
They are more ethnically and racially diverse than older adults. They're less religious, less likely to have served in the military, and are on track to become the most educated generation in American history.
http://www.pewsocialtrends.org/2010/02/24/millennials-confident-connected-open-to-change/
They are the least overtly religious American generation in modern times. One-in-four are unaffiliated with any religion, far more than the share of older adults when they were ages 18 to 29. Yet not belonging does not necessarily mean not believing. Millennials pray about as often as their elders did in their own youth.
http://www.pewsocialtrends.org/2010/02/24/millennials-confident-connected-open-to-change/
They embrace multiple modes of self-expression. Three quarters have created a profile on a social networking site. One-in-five have posted a video of themselves online. Nearly four-in-ten have a tattoo (and for most who do, one is not enough: about half of those with tattoos have two to five and 18% have six or more). Nearly one-in-four have a piercing in some place other than an earlobe — about six times the share of older adults who've done this. But their look-at-me tendencies are not without limits. Most Millennials have placed privacy boundaries on their social media profiles. And 70% say their tattoos are hidden beneath clothing.
http://www.pewsocialtrends.org/2010/02/24/millennials-confident-connected-open-to-change/
Based on our conversations with those in the early stages of their professional development, it's not that they think they know everything or that they feel entitled to the top job on day one. Rather, they want to hit the ground running, solve problems and have a measurable impact.
http://www.washingtonpost.com/blogs/on-leadership/wp/2015/03/05/millennials-make-ideal-public-servants/ Tom Fox
1. They have a positive view of their managers 2. They want to make a difference in the world 3. They need career support 4. They want to use social networks at work 5. They want constant feedback instead of annual performance reviews 6. They embrace collaboration
https://www.recruiter.com/i/how-millennials-will-impact-the-workplace/ Dan Schawbel
