Generation Y

This tag is associated with 20 posts

Multigenerational Workforce – Requires flexible leadership, policies and programs

Five generations work side by side in today’s workforce, making it important to create an inclusive culture that meets the varying needs of each age group, according to a new research paper. Members of each generation bring a distinct set of values, attitudes and behaviors to the workplace, noted Kimberly Abel-Lanier, vice president and general … Continue reading

Gen Y – Paying the price for baby boomers

The full scale of the financial rout facing millennials is revealed today in exclusive new data that points to a perfect storm of factors besetting an entire generation of young adults around the world.A combination of debt, joblessness, globalisation, demographics and rising house prices is depressing the incomes and prospects of millions of young people … Continue reading

GenY – Not all that different in what they value in work

The assumed gulf between the attitudes and values of the millennials versus the nonmillennials[: as ]it turns out, GenY is generally not all that different in what they value in work. The gist of our millennial misunderstanding is that we assume that, as keyed in and digitally fluent as they are, millennials don’t necessarily, well, … Continue reading

US – Half of young people under 25 live “in their parents’ home,” says Census. OK but…

More than 15.3 million twentysomethings—and half of young people under 25—live “in their parents’ home,” according to official Census statistics. Theres just one problem with those official statistics. Theyre criminally misleading. When you read the full Census reports, you often come upon this crucial sentence: It is important to note that the Current Population Survey counts … Continue reading

US – 40% of unemployed workers are millennials

The jobs market is improving, according to government data released Thursday, but millennials are still left out in the cold. They’re suffering more than any other age group, new research finds. Some 40% of unemployed workers are millennials, according to an analysis of U.S. Census data by the Georgetown University Center on Education and the … Continue reading

US – The number of young workers aged 22-34 basically unchanged since 2007, but not for boomers

Call it the great job stagnation for millennials, and the late-career proliferation of baby boomers. The number of young workers aged 22-34 nationwide is basically unchanged since 2007, while the number of jobs for boomers 55-64 — fueled by mega population growth — has climbed 9% over that time, according to a new analysis from … Continue reading

Youth / 25 Jobs in One Career for Gen Y

At 2.6 years per job, over 50+ years in the workforce, plus several temp assignments and contracts means that Gen Y can expect to hold 20-25 jobs over the course of a career. Continue reading

US / Roughly 40 percent of Millennials have tattoos

It used to be the case that employers were apprehensive to hire people with a lot of tattoos but there’s a new statistic that may indicate a shift when it comes to hiring people with ink. Let’s face it, tattoos don’t have the best reputation and there’s a stigma attached to those who have them. … Continue reading

The Generation Y in Russia

The current wave of young job candidates entering the labor market are presenting unique challenges to hiring managers, experts said at a forum dedicated to human resources on Tuesday. Freedom loving, soul searching and socially conscious are some of the hallmarks of young professionals from Generation Y, an age group born in the period from the late 1970s to the mid 1990s. And they are the kinds of potential employees that can leave … Continue reading

Gen Y’s (Millennials) Impact

By 2025, Gen Y is going to make up 75% of the global workforce and their independent-thinking and entrepreneurial mindset is going to change the future of the workplace. Unless employers can understand this, they’ll risk losing their top talent, says Dan Schawbel, founder of Millennial Branding and author of the new book “Promote Yourself.” … Continue reading

Gen Y / The largest generation in American history in the cradle

The nearly 3.7 million American babies born in 1982 weren’t special, except to their families. But in the eyes of demographers, they were categorically different from the 3.6 million Americans born in 1981. They were the first members of a new club: Generation Y. This so-called millennial cohort, the largest generation in American history, landed … Continue reading

Gen Y / Looking for flexibility over financial reward

Generation Y would choose workplace flexibility, work/life balance and the opportunity for overseas assignments over financial rewards, a study published by PwC has found. The PwC NextGen survey of 44,000 workers, in conjunction with the London Business School and the University of Southern California, reveals Generation Y are more likely to stay in a job … Continue reading

Millennials / More active in their job searches than older seekers

A study by the hourly employment network Snagajob revealed that millennials, once accused of being the laziest generation ever, are more ambitious in their job searches, re-engage in the process at a faster rate and apply for more jobs compared to older job seekers. Over the past year, younger job seekers increased their job application … Continue reading

Gen Y: A ‘ticking time-bomb for employers ?

Generation Y workers represent the management class of the future, yet they also exhibit a new-found job mobility which, from an employer’s point of view, is a ticking time-bomb of potential cost and disruption to their businesses. The iOpener Institute in October 2012 gathered and studied questionnaire responses relating to workforce issues from over 18,000 … Continue reading

US / Millennial / 2013 Outlook Grim

The latest jobs report doesn’t hold much promise for millennials looking for work. The overall unemployment rate for 18 to 29-year olds in December was 11.5 percent, according to the national, non-partisan organization Generation Opportunity, which analyzes the data specifically for that age range. David Pasch, Generation Opportunity’s Director of Communications, told HuffPost Live Monday … Continue reading

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