We Generation Xers and Baby Boomers are well attuned to what we perceive as millennial flaws. They’re not good with commitment, we believe. They don’t know how to overcome adversity. They expect things to be handed to them. They don’t do well when conditions in the workplace or in life aren’t what they consider ideal. There’s something else we don’t talk about as much, however, that millennials also don’t do well: divorce. Bloomberg recently cited a study by University of Maryland sociology professor Philip Cohen that showed the divorce rate has dropped 18 percent from 2008 to 2016. What’s more,… Read More
Categories: Generation Y / MillennialsEver wanted to just quit your job, leave everything behind and move to an island? Most of us have, at some point, fantasized about it. According to the New York Post, however, many aren’t just daydreaming about it. They’re doing it. The Post interviewed several twenty-somethings who have quit their jobs, some of them quite lucrative, and left it all in search of peace, adventure or fulfillment. Sarah Solomon was a publicist in New York until she quit and moved to Hawaii, where she now does freelance work in between trips to Guatemala, Indonesia and other exotic locales. Gracie Halpern quit… Read More
Categories: Generation Y / Millennials, Travel, WorkAs the largest generation currently in the workforce, millennials are changing the way the modern office looks and operates. Cubicles and offices are giving way to open floor plans and standing desks. Employers are paying more attention to work-life balance and charitable opportunities for their employees. And at least one company in Minneapolis, they’re allowing employees who have just gotten new pets to work from home. According to Minnesota Public Radio, Minneapolis-based digital marketing firm Nina Hale instituted the “fur-ternity leave” policy earlier this year after a senior accounts manager got a new puppy and wanted to be there while… Read More
Categories: Generation Y / Millennials, WorkplaceSo apparently Business Insider isn’t the only outlet obsessed with blaming millennials for the demise of pretty much any product that’s seeing a slip in sales. Quartz published a piece recently blaming millennials for what it termed the death of the classic novel. In making this claim, writer Ajinomoh Ozovehe Caleb compared sales of J.D. Salinger’s The Catcher in the Rye upon its release in 1951 with a newer critically acclaimed work, Khaled Hosseini’s A Thousand Splendid Suns, which sold only half as many copies per year as Salinger’s masterpiece. Caleb further noted that it’s almost unheard of now for… Read More
Categories: Advertising, Downloadable Media, Generation Y / MillennialsIn the digital age of social media white noise, media outlets make their money by attracting eyeballs. Two of the ways they try to do this are by jumping on popular topics and inventing new angles until they run them into the ground, and by using what we now commonly refer to as “clickbait” – misleading or sensationalized headlines that draw readers to click on a story that ultimately doesn’t deliver the shock that was promised. Today.com, the website of NBC’s Today Show, recently checked both these boxes with one post that took the stereotyping of millennials to a new… Read More
Categories: Generation Y / Millennials, Home OwnershipAs millennials take over the workforce and Generation X moves into management, Baby Boomers are ready to slide off into retirement. But what if they don’t? Citing a 2018 small business trends surveyby Guidant Financial, Forbes noted in a recent piecethat instead of retiring, many Baby Boomers are doubling down. While Guidant’s parameters for the Baby Boom generation were a little wide, its survey found that more than half of the country’s small business owners are over 50. And these aren’t just Boomers who have been running their own show for a long time. A 2017 USA Today article notedthat… Read More
Categories: Baby Boomers, Blog, WorkplaceFor years, meetings were the bane of a Generation X employee’s existence. What a time suck, they thought. What a colossal waste — time spent yapping and staring at each other that would be better spent working. When I’m running things, they told themselves, we aren’t doing this anymore. Well, now they are running things. And true to their word, many of them did away with meetings altogether. Our guest in this episode of “What’s Working with Cam Marston” is Stephanie Constantine, an HR consultant in my hometown of Mobile who tells us why that plan isn’t working – and… Read More
Categories: Generation X, Podcast, Uncategorized, Work, WorkplaceThey were the cool kids, the kids we aspired to be. They sat atop their chair, with their mirrored sunglasses and tan skin, twirling a whistle around their finger and reminding us, once again, to stop running and stop hanging on the rope by the diving well. One day, we told ourselves, we’ll be lifeguards too. But a funny thing happened on the way to the pool for today’s generation of would-be lifeguards. According to the Washington Post, you might be just as likely to see a Baby Boomer sitting atop the chair at your neighborhood pool this summer as… Read More
Categories: Baby Boomers, Blog, Parenting, Work, WorkplaceWhat does a CEO need to focus on if his or her company is stagnant and starting to lose business to competitors? What about the CEO of a company that is growing so fast it can’t hire fast enough? While these two situations are wildly different – even opposite – the questions they need to be asking themselves are largely the same. Our guest in this week’s episode of “What’s Working with Cam Marston” is Gary Frey of Insight CXO, a Charlotte-based firm that provides coaching for CEOs of mid-market companies looking to manage their growth or maintain their foothold… Read More
Categories: Generation Y / Millennials, Podcast, Work, WorkplaceWe grouse about their participation trophies and helicopter parenting. We stereotype them as overly entitled and self-absorbed. We laugh about their reactions to pop culture standards from before they were born. But instead of mocking millennials, we should perhaps be worried about them. A new study from the Federal Reserve Bank of St.Louis found that many millennials have never gotten over the Great Recession of the late 2000s. The study found that the net worth of a typical family whose head was born in the 1980s, the front edge of the millennial generation, was 34 percent below expectations, and lost… Read More
Categories: Blog, Financial Services, Generation Y / Millennials, Wealth