Managing Older Employees – Hard for Everyone Involved
Posted On November 30, 2016
Here’s a news flash for you: Older employees working for younger bosses may be a recipe for a difficult workplace. Another news flash: Water is wet. The Washington Post recently cited a study by the Journal of Organizational Psychology which found that not only is working for a younger boss awkward, however, it can also be bad for productivity. Surveying nearly 8,000 employees at 61 German companies, the study found a significantly higher level of “negative emotions” on the job at companies who had more young bosses overseeing older subordinates, and that those companies reported lower levels of performance. The… Read More
Categories: Workplace
Are Millennials More Entrepreneurial? One Question. Different Data. Different Answers.
Posted On November 22, 2016
It’s interesting how you can come to different conclusions about an issue simply by which set of statistics you choose to examine. Take, for instance, the issue of millennial entrepreneurship. A Fortune article in February hailed the generation as “millennipreneurs,” noting that millennials had launched about twice as many businesses as Baby Boomers at the same age. Citing the 2016 BNP Paribas Global Entrepreneur Report, Fortune noted that millennial entrepreneurs were also starting earlier, starting their first businesses at age 27, as compared to 35 for Boomer entrepreneurs. But Forbes contributor Natalie Bacon cites research from the Kauffman Foundation, which… Read More
Categories: Entrepreneurship, Generation Y / Millennials, Work
4 Trends of the Millennial Home Buyer
Posted On November 10, 2016
(Today’s post courtesy of Zillow.com who offered to share some of their home buying trends research.) By Jennifer Riner Young, urban professionals have a reputation for renting in the city. While this holds true for many, you might be surprised to learn that half of the current home buying market is under 36-years-old. Millennial home buyers between 18- to 34-years-old currently make up the biggest piece of the residential real estate pie at 42 percent. In the newly released Zillow Group Report on Consumer Housing Trends, the real estate experts and economists dove into the demographics of home buyers. Here’s… Read More
Categories: Generation Y / Millennials, Home Ownership
Boomer’s Influence on Politics Coming to an End? And Will the Younger Gens go the Other Way?
Posted On November 2, 2016
Millennials have made their voices heard in this year’s contentious presidential election, mostly through the vociferous support for Democratic primary candidate Bernie Sanders – a phenomenon I explored in a blog back in May. After Sanders fell in the primary to Hillary Clinton, their level of support for the Democratic nominee may play a role in whether she or Republican Donald Trump wins the presidency. Washington Post columnist Dana Milbank recently cited polls showing Trump leading slightly among Baby Boomers while trailing among Gen-Xers and millennials. Milbank offered the opinion that Baby Boomers’ preference for the combative Trump is proof… Read More
Categories: Baby Boomers, Generation X, Generation Y / Millennials, Voting Behavior