Many millennials, like their Gen-X parents and Baby Boomer grandparents before them, are ready to jump right out into the world and get on their own once they leave college. In our culture of independence, there may be a certain social stigma attached to those who continue living with Mom and Dad after they’re finished with school. CNN Chief Business Correspondent Christine Romans, author of Smart is the New Rich: Money Guide for Millennials, suggests in a recent video for USA TODAY that it’s not a bad idea for newly graduated millennials to live at home for a couple of… Read More
Categories: Baby Boomers, Generation Y / MillennialsDo you know what’s motivating your millennial employees? Research presented earlier this year by venture capitalist Mary Meeker, and shared by the Huffington Post, indicates that many managers don’t. In studies cited by Meeker, nearly half the managers believe the most important indicator of success for millennials is high pay. All other factors paled in comparison, with none registering higher than 12 percent. But when millennials were asked how they define success, only 27 percent said money was most important. Most of those surveyed, 30 percent, said meaningful work was their top factor, while 24 percent said it was a… Read More
Categories: Generation Y / Millennials, WorkplaceA recent article on millennials at salesforce.com referred to them as the Convenience Generation. Perhaps it’s just me – and it wasn’t the apparent intent of the author — but that moniker seems to have a negative connotation, like millennials can’t be bothered to drive to a store, make a telephone call or get off the couch to change the channel. It’s not an inaccurate characterization, but why is convenience so important to them? Perhaps it’s because they’ve never lived without it. Technology has grown to a point to where we don’t have to go to a store to make… Read More
Categories: Generation Y / Millennials