Millennials are known for their resolve in sharing their opinions and ideas, as well as challenging their superiors when they feel it is warranted. This characteristic comes from the idea that what is best for the company results from active listening, collaboration and considering all points of view.
FUNDAMENTAL TRAITS
According to Howe and Strauss (2000), in their canoni- cal Millennials Rising: The Next Generation, seven dis- tinguishing traits define Millennials: Special, Sheltered, Confident, Team-oriented, Conventional, Pressured, and Achieving.
Millennials' values are the result of traits and characters that are unique to them. For example, enjoying human interactions and constant learning are two core attributes for which Gen Y is well known. There is then no surprise that this generation values teamwork and all kinds of collaborative projects.
Career Impatience
Growing up in fast times and coming of age in an on-demand culture, Millennials have little patience for stagnation, especially when it comes to their careers.
TL;DR: Inflation is the top problem Gen Z and Millennials name as the biggest they are facing today. Over-dependence and addiction to technology ranked second as the top problem among young people for the first time. However, racism and COVID-19 are still top concerns for these gens.
Data shows Gen Z workers report more struggles than the general population with hostile work environments, mental- and physical-health issues and even the inability to share one's full self in the workplace.
Millennials have been described as the first global generation and the first generation that grew up in the Internet age. The generation is generally marked by elevated usage of and familiarity with the Internet, mobile devices, and social media, which is why they are sometimes termed digital natives.
Lifestyle of Millennials
They also tend to take a more holistic approach to health and are more likely to incorporate strategies that balance physical, mental and spiritual well-being in their lives. However, that doesn't mean that the millennial lifestyle is optimal.
Millennials have also been sheltered all of their lives. They have been subjected to many forms of protection—or overprotection—since they were born.
Flexibility and Multitasking. As already mentioned, the Millennial Generation is able to accept different cultures. Hence, flexibility means that Millennials are able to work with new people, places, and situations. Although they do not expect to change, they are ready to accommodate to new things and people.
Millennials are most worried about saving money, managing debt, and planning for retirement.
The focus on clean eating and balanced nutrition contributes to their overall health, vitality, and youthful appearance. Skincare has also become a crucial component of millennials' health and fitness routines. They recognize the importance of maintaining healthy skin and are diligent about skincare regimens.
When we first started delving into the buying habits of Gen Z and Millennials, we found Gen Z to be pragmatic, focused on saving money, and wanting brands to constantly innovate. Millennials, on the other hand, were idealistic, willing to pay more for experiences, and committed to their favorite brands.
Generation Z has more conservative spending habits and is more focused on saving money than millennials were at their age. Gen Z tends to be interested in purchases that provide the maximum amount of value for their money, while millennials are more focused on the buying experience.
Millennials are always on social media communicating and engaging in conversations that resonate with their interest. Beyond texting, social media is the form of communication that millennials frequently use to socialize. Social media platforms are where millennials receive their news and other important information.
Additionally, a 2019 survey by the American Heart Association found that millennials are more likely to engage in healthy behaviors, such as regular exercise and maintaining a healthy diet, than in previous generations.
The younger generation has powered through a lot of upheaval in their short lives but it's taken a toll on their mental health. A new survey finds that an astounding 42 percent of those born between 1990 and 2010 – Gen Z – have been diagnosed with a mental health condition.
Members of Generation Z report higher rates of depression and a number of other mental health conditions than do generations before them. At the same time, they are more likely than previous generations to report these problems, positioning those who seek help in a place to receive it.
Money is one of the most common focal points for millennials' worries. Many of them have trouble finding jobs, are still living with their parents, or harbor serious concerns about making enough money to start their own lives in earnest.