MILLENNIALS, AND BEYOND

March 5th, 2018 Posted by Business Fix Pros Blog 0 thoughts on “MILLENNIALS, AND BEYOND”

The generation known as “Millennials” is called “Generation Y” in most studies, and is now between 21 and 36 years old.  Though there are discrepant dates used for Generation Y, Pew Research uses birth dates between 1981 and 1996, and this range seems to be the most widely used.

Much is made about the difficulties in managing this group of people; rarely a day goes by without some insulting comment being made about them both on social and traditional media.  The largest demographic in the workforce now, millennials have overtaken Gen X and comprise 30% of management positions.  Is this really a group we in upper management should be making fun of?

This is the most connected workforce in history, and their command of social media, information, and technology in general far surpasses those of us from the previous generation.  They see your “snowflake” comments on your personal social media, either first hand through research or forwarded from others.  I remember a college professor lumping me in with the “me generation” as he called it; it was the last time I listened with interest to anything he said.

Some facts worth noting – millennials are more charitable, yet carry double the debt and earn 20% less than their parents did at the same age.  Are some of them carrying a chip on their shoulder, or feeling entitled?  Certainly.  Is that the benchmark for the entire generation?  We think not.  There is a generalization for every generation, but we are hiring individuals.  When we complain about a spoiled, entitled young employee, we might ask ourselves who hired them, and why?

There are specific things millennials are prone to look for in their employment; learning these desires and providing a challenging and inclusive workplace is the key to employing a group of people that, in our estimation, take a lot more flak than credit when it comes to the perception of their skills and value to their employers.

If you would like to know more about hiring, training, and working with this vast, diverse group of people, please contact us for a free consultation.  Ignoring them as a force will not help – they are staying, and it is we who are leaving…….

 

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