Recently, a friend of mine complained that she’d received correspondence from the parent of a soon-to-be college graduate, promoting him as a potential fit for her organization. She was exasperated that a young man who is about to enter the workforce wouldn’t be sending out his own resume and making his own contacts and instead was letting his parents do it for him. As crazy as it sounds, however, they aren’t alone. CollegeParentCentral.com cited data from the College Employment Research Institute at Michigan State University which found that some helicopter parents keep their rotors hovering close even as their millennial… Read More
Categories: Generation Y / Millennials, WorkBill Belichick is, most would agree, clearly the most successful person in his field – coaching professional football. He has led the New England Patriots to five Super Bowl victories, including two of the last three years. He is the benchmark by which other NFL coaches are now judged. But while his fashion sense is somewhere just this side of high school sophomore (the hoodies! The hoodies!), he claims to have no idea what Snapchat is – or even how to say it. “I’m not on SnapFace and all that,” Belichick said on a radio show recently when asked about… Read More
Categories: Generation Y / Millennials, RecruitingI’ve written a lot in this space about what millennials are looking for in a workplace as they start their careers. Since millennials are now the largest segment of the American workforce, employers would be wise to listen to what they value in a workplace. Flexible work hours, a stimulating work environment, a healthy work-life balance, and the opportunity to make a difference in the world are all important attributes to millennials, as countless studies and surveys have shown. But when asked which benefits are most important when searching for a job, respondents to a recent survey of Alabama millennials… Read More
Categories: Generation Y / Millennials, Work, WorkplaceWant to keep your millennial employees happy? The first step might be one that’s rather easy to accomplish, but also easy to overlook: Talk to them. Feedback is important – and not just formal annual or biannual reviews. Not just a cold calculation of production metrics. Not a written evaluation for their file. And for goodness sake, not a challenge to justify their existence like the Bobs in Office Space — “What would you say you do here?” About 40 percent of millennial respondents in a recent survey conducted by Clutch, a Washington D.C.-based B2B research firm, did not find… Read More
Categories: Generation Y / Millennials, WorkplaceLooking to hire a few good millennials? One way to attract them may be by giving them a chance to give back. Many millennials have a philanthropic bent – finding ways to improve the world is important to them. A report from the Case Foundation and Achieve, a research and marketing agency for causes, found that many want and expect their employers to provide tangible outlets for their charitable urges in their professional lives. And that doesn’t mean just signing over a few dollars a month to the United Way. One industry that’s taking this data to heart is the… Read More
Categories: Generation Y / MillennialsAre millennials suffering from a lack of adversity? The question was posed in a headline on AL.com this week, introducing a column by Eddie Vines, a Jefferson County, Alabama district judge whose guest editorial on the website was basically a column-length version of “Get off my lawn.” Most millennials haven’t known want, Vines says, on the level of his parents in the Great Depression. Most millennials have never had to sacrifice like the Greatest Generation. The sky is blue. Water is wet. Every generation thinks the one below it is soft. Fathers who lived through the Revolutionary War probably thought… Read More
Categories: Generation Y / Millennials, ParentingWho among us wouldn’t love to work from home? No unwelcome interruptions from overly chatty co-workers. Unlimited refills from our own refrigerator and snacks from our own cupboard. Background music of our own choosing and as loud as we like. And, perhaps best of all, no dress requirements. While working from home may seem like a millennial invention, its rise is really just a product of the technology that’s been developed during the millennials’ entrance into the workplace. With the internet, remote messaging systems and cloud technology, there’s often little reason for all of a company’s employees to be under… Read More
Categories: Generation Y / Millennials, WorkplaceIt’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(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 OwnershipMillennials 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