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The Millenial Employee

An overview of the generational personality of the Millenials, also known as Generation Y. Although there is danger in stereotypes, this presentation summarizes some of the tendencies of this group who are now playing a significant role in the U.S. workforce. Something for managers and supervisors to think more about.

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The Millenial Employee

  1. 1. The Millennial Employee A presentation for the Burlington Business Association Peter Straube Champlain College Division of Business Adapted from a presentation by Beth Moriarty of Bridgewater State College
  2. 2. <ul><li>Much of this material is based on a theory of generational personalities, developed by William Strauss and Neil Howe and described in Generations and Millenials Rising . </li></ul><ul><li>Basic concept: Our individual worldviews are shaped by our life experiences; Generations tend to grow up with a set of shared experiences, which produces a common worldview or “group personality”. </li></ul>
  3. 3. Disclaimers: <ul><li>“ Millennials” is a term that makes generalizations about a group of people who share some common characteristics. </li></ul><ul><li>The Millenials “personality” is only a stereotype. Individual experiences and perceptions will vary from person to person. </li></ul>
  4. 4. Generations in the Workforce: <ul><li>Traditionals </li></ul><ul><li>Baby Boomers </li></ul><ul><li>Generation X </li></ul><ul><li>Millennials </li></ul>
  5. 5. Snapshot: Generational Personalities <ul><li>TRADITIONALISTS: value security, loyalty, seniority. Patriotic. Accept military-style leadership. </li></ul><ul><li>BABY BOOMERS: question authority, change things for the better, competitive, value recognition </li></ul>
  6. 6. Snapshot, part 2: <ul><li>GEN X: the “Me” generation; skeptical of authority and institutions; value freedom and autonomy: “I have to take care of myself” </li></ul><ul><li>MILLENIALS: work that has meaning; collaborate to make a difference </li></ul>
  7. 7. Who are the Millennials? <ul><li>Americans born 1982 – 2000 </li></ul><ul><li>Sometimes referred to as Generation Y, Nexters, the Boomerang Generation or the Dot-Com Generation </li></ul><ul><li>They have never known a world without cell phones, computers, CD’s or MTV </li></ul><ul><li>As a group, they are highly educated, creative & techno-savvy </li></ul><ul><li>Tend to have had lots of parental supervision & involvement </li></ul>
  8. 8. Trends that Have Shaped the Generation <ul><li>Focus on children & family </li></ul><ul><li>Scheduled, structured lives </li></ul><ul><li>Multiculturalism </li></ul><ul><li>Terrorism </li></ul><ul><li>Heroism and Patriotism </li></ul><ul><li>Parent Advocacy </li></ul>
  9. 9. Characteristics of Millennials <ul><li>Optimistic & Hopeful </li></ul><ul><li>Cooperative Team Players </li></ul><ul><li>Accept Authority and follow the rules </li></ul><ul><li>Tolerant of Diversity </li></ul><ul><li>Connected 24/7; techno-savvy </li></ul><ul><li>Share their lives on the world stage </li></ul>
  10. 10. Characteristics of Millennials (continued…) <ul><li>Intelligent and Value Education </li></ul><ul><li>Goal and Achievement-Oriented </li></ul><ul><li>Confident & “Ready” </li></ul><ul><li>Eager for Recognition </li></ul><ul><li>Civic Minded </li></ul>
  11. 11. Implications for the workplace <ul><li>Need Feedback and Structure </li></ul><ul><li>Expect high standards, but also “fairness” </li></ul><ul><li>Team/group ethic—like to collaborate </li></ul><ul><li>Search for meaning in work: may seek employers they perceive as being “the good guys” </li></ul>
  12. 12. Working with Millennials <ul><li>Be a role model </li></ul><ul><li>Set clear expectations </li></ul><ul><li>Show them respect </li></ul><ul><li>Challenge them; help them learn </li></ul><ul><li>Be flexible </li></ul><ul><li>Develop social/work relationships </li></ul><ul><li>Have some fun at work! </li></ul>
  13. 13. <ul><li>Contact Info at Champlain College: </li></ul><ul><li>e -Mail: [email_address] </li></ul><ul><li>Phone: 865-6438 </li></ul>
  14. 14. Comments, Questions, Thoughts?