It’s a Generational Thing: How Millennials are Changing the Workplace

November 8, 2013 5:44 pm Published by Joy Galia Meyouhas

In last week’s post we focused on understanding this diverse, complex group known as the “Millennial Generation” in regards to hiring and recruiting them. This week were going to look at the actual impact they’ve had and will continue to have on the overall outlook of business. From setting significant trends to breaking away from traditional business mindsets, the Millennial Generation is profoundly changing the business world as we know it today.

 With their extensive knowledge of technology and a passionate, almost romantic outlook on life, this age group has rather radical expectations about their future employment:

  • The Millennial Generation has been said to place less value on ownership than on access to ownership. Gary Swart, CEO of oDesk, writes in this article for Forbes, that a new global economy is on the move thanks to the Millennials.  This includes how Millennials view entrepreneurship–and it’s changing how business will be run in the future.
  • There’s a gendered shift in the Millennial workforce as well. As younger Millennial men start to align their wants/needs with those of their female peers, the idea of “manliness” has started to lose its appeal. This article expands on the gap between older generations of male workers and the fresh new outlook of Millennial men in and out of the workplace.
  • What is it that younger generations either hate or love most about their current jobs, and how are they changing expectations based on those feelings?  Vivan Giang has compiled various comments from Millennials on how to keep this generation satisfied.

How are you working with Generation Y’s expectations?  Where do you see the future of the workforce going? Share your insights below. I’d love to hear your feedback.

Joy

This post was written by Joy Galia Meyouhas