Please help! Thank you Understanding Millennials in the Workplace

There are many different facts about Millennials, and data from different sources often doesn’t match completely. So let’s first cover some of the main facts about the Millennials.

Age range

Even though people have different opinions on Millennials’ age ranges, most research defines Millennials as the people who were born between 1977 and 1995.

Other generations in the workplace include:

• Traditionalists – born in 1945 and before

• Baby Boomers – born between 1946 and 1964

• Generation X – born between 1965 and 1976

• Generation Z – born in 1996 and after

Population

There is a good reason why do we focus on Millennials: there is 1.8 billion of them, which accounts for about a quarter of the world’s population.

According to Pew Research on Millennials in the United States, there are 72.1 million of them, outnumbering Boomers with a population of numbered 71.6 million.

Technology lovers

Millennials are a digital generation that feels at home on the Internet. Technology, such as smartphones, tablets and laptops, have revolutionized the way they connect and interact with one another and the rest of the world.

According to Gallup's research on how Millennials want to live and work, 85% of Millennials access the Internet from their phones. Moreover, Millennials spend a lot of their free time on their smartphone, and they expect to have access to their work-related tasks from their mobile devised as well.

The urban population

Millennials are the most urbanized cohort of young adults ever. Young people have always had a propensity to live in cities, and Millennials are a part of this trend.

According to Financial Times,

“this is most visible in developing countries, where levels of urbanization are generally lower — just over half of millennials live in urban areas — but have increased rapidly over the past 30 years”.

Sense of purpose

Millennials is the generation that buys from and works for businesses that have a purpose at their core, and they want their core values to be aligned with their company's core values.

A job is no longer just about a paycheck; for Millennials, it’s very much about purpose, with 75% saying they want their personal values to align with their company’s values and are even willing to take a pay cut to work for a value-aligned company.

Millennials as employees

Millennials behave as consumers of the workplace. They have a lot more freedom and options to look for roles and organizations that enable their best performance. Leaders and managers must understand what millennials expect from their jobs, managers and companies.

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