4 Generation Y Traits You Should Know About Before Hiring Them

Generation Y has been accused of many things – both good and bad. They are called entitled, selfish, demanding, lazy, and self-obsessed. They have also been called innovative, open-minded, and charitable. So, what do you need to know about them before you hire them as employees?

Gen Y is connected

They know everything about social media and how to use it to their advantage. If you are not present in social media, millennials may just pass you by. If you do employ them, they will be an asset and can help you with designing an effective social media strategy.

Gen Y can multitask

They are very good at doing many things at once. This also means that they are easily distracted and find it difficult to not be tempted by their phones, games, social media, etc. If you employ millennials, set short-term goals and give them a variety of things to do. They will not do well with the same task day in and day out.

Gen Y needs recognition

Because of how they were raised, millennials need recognition for what they do and they want to feel like they are making an impact. If you employ them, make sure that you explain the importance of their job and also make sure that there are rewards for milestones or good work.

Gen Y wants flexibility

Millennials are much less willing to sit in an office from 8 to 5 than previous generations. They want to have flexibility in their day. They want to be able to work hard and play just as hard. They want a balance between work and doing other things that are important to them. If you employ them and it works with your company’s nature, allow them to work from home now and then. Tell them that as long as they meet deadlines and put in a certain number of hours daily, they can be at work and away from work when they want.

Millennials can be great employees and they are hard workers. Employing them just requires a few tweaks on the traditional models of working hours and job requirements.

7 Interesting Facts About Millennials

Millennials are called entitled, selfish, demanding, and many other negative things. However, all these things are not necessarily true and are definitely not true for all of them. To help you understand them a bit better, here are a few facts.

Many of them still live at home – Approximately a third of the people aged between 18 and 34 still live with their parents. According to the experts, this is due to the high cost of housing and the lower income they receive. Many of the millennials who live on their own, spend about half their salary paying for rent.

They make up a large part of the workforce – It is estimated that 30% of the millennials are in management positions. They make up a large part of the workforce and have overtaken the number of Generation X-ers who are present in the workforce.

They earn 20% less than their parents did – People between the ages of 24 and 36 are making approximately $10 000 less than their parents did when they were the same age.

They are very charitable – Despite the fact that most people believe them to be very selfish, the Gen Y kids are the most charitable compared to previous generations. Many donate regularly to charities or give their time and talents to important causes.

They know how to save for retirement – Millennials have more debt than the generation before them. However, they are well-educated on saving for retirement and are doing so at almost the same rate as their parents did.

They care about the environment – The millennials are more concerned about climate change and living green than they are about any other global issue.

They are more inclined to disconnect than others – The generation that grew up with the internet and is addicted to their phones, seem to be more willing to disconnect when they go on vacation.

Stereotypes don’t depict the millennials correctly and we should pay more attention to the good they do and the circumstances they are in. They may just be the best thing to happen to the world.

Generation Y Decoded: Why They Are the Way They Are

During one of my research sessions, I came across a video in which Simon Sinek attempts to explain why millennials are the way they are stereotyped to be. Now, it is a given that not everyone born in the years from 1984 to 2000 share these stereotypical characteristics, but nevertheless, people have their ideas. So, to help explain why they are the way they are, Simon Sinek gave 4 things.

1. Failed parenting strategies. This refers to parents telling their kids that they could have anything they want because they can. Meaning, they don’t have to work for it and they don’t need to put in the effort to get there. What also happened with this generation, is that they were rewarded with medals or trophies for losing or coming last. This may seem like a good idea, but it isn’t. Because they know they don’t deserve to receive a reward, they feel bad and their self-confidence is negatively influenced. As a whole, the Gen Y kids tend to have much lower self-esteem and self-confidence than the generations before and after them.

2. Technology. Gen Y has become addicted to technology. Facebook, Instagram, Snapchat, Twitter, etc. are all their drugs. Engaging with social media and getting ‘likes’ releases dopamine in the brain. Dopamine is a happy hormone and is associated with the feelings of pleasure we get when smoking, drinking, having sex, or gambling. No wonder they got addicted.

3. Impatience. The millennials grew up with instant gratification. No matter what you want, you can get it online or by delivery, etc. No need to go to the movies or wait for a show time. You can just go online and watch. The same with series. No need to wait until next week, just watch everything now. Heat up a frozen dinner or call for take-out. Unfortunately, this has set them up for disappointment. Job satisfaction and strong relationships don’t play by those rules. It takes work and time.

4. Working environment. Clearly, these poor kids were dealt a bad hand as Sinek says. Corporations are more concerned about numbers than training and building employees up. The result is that they feel like failures and further lose confidence.

With this combination of factors, it is easy to see why Gen Y is the way they are.