The New York Times cites that they've been called, “narcissistic, lazy, and indecisive. Millennials have been labeled the boomerang generation for the many unable or unwilling to leave their parents' home, or even more negatively, the Peter Pan generation because they supposedly won't grow up.”
Sinek phrases it succinctly: Millennials have been accused of being “narcissistic, self-interested, unfocused, lazy,” and, most of all, “entitled.” However, he argues, it's not really millennials' fault.
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.
Strauss and Howe ascribe seven basic traits to the millennial cohort: special, sheltered, confident, team-oriented, conventional, pressured, and achieving.
Research also indicates that Gen Zers are currently the most stressed demographic of people. The American Psychological Association (APA) reports that: 90% of Gen Z experienced psychological or physical symptoms as a result of stress in the last year. ²
Key points. Millennials and baby boomers have a mostly contentious relationship.
Happn also found that the number one quality Gen Z and millennials want in a partner is the ability to be caring; 40% of people said this is important to them. Nearly as many (39%) cited kindness, while more than one in three (35%) said they place a premium on someone's sense of humour.
Millennials aren't lazy; in fact, most of them are incredibly driven. They want to learn, advance, and progress. And it's important to provide them a path to do so at your company. As Fontana explains, "Giving employees room to grow and progress at your business is a huge motivator.
Instead "gucci" in slang is a synonym for cool, good, fine or OK, so if something is "all gucci," it's "all good."
Millennials (and the kids born after them) are currently being called the “unhealthiest generation” in human history—facing diagnoses, mysterious illnesses and conditions that our ancestors or their parents never faced.
According to a recent survey of 1,300 managers, three out of four agree that Gen Z is harder to work with than other generations — so much so that 65% of employers said they have to fire them more often.
Like Boomers, Millennials are a huge generation that we sometimes split into two subgroups: Early Millennials (born 1980-1987) and Recessionists (born 1988-1995). The fairly obvious element that divides these two groups is life stage.
Gen Z has been called the 'most depressed generation' with the least positive outlook and diminished emotional and social well-being. They have more unmet social needs than any other generation. The statistics for their behavioural-health issues – mental and substance disorders – are alarming.
So it's no surprise recent studies have declared millennials, especially women, the most anxious generation in history. Anxiety comes in many forms, but the simplest way to describe it is feeling worried or nervous about the future or uncertain situations.
Gen Z is also the smartest and best educated generation. Having an unlimited wealth of information at our disposal has not gone to waste. In America, 57 percent of Gen Z is reported to have enrolled in a two-year or four-year college, compared to 52 percent of Millenials and 43 percent of Gen X.
They value family, personal connection, and loyalty. They seek out the genuine and are repulsed by phony. They are famously optimistic and believe in the possibility of change. They advocate for the environment and social justice.
"THEY GROW A BASIC THING, LIKE A FRUIT OR VEGETABLE, AND THEY'RE LIKE, 'WOW I DIDN'T KILL IT'" They're old people trying to use social media. They try to fit in with the younger generation but they're not really the younger generation any more. They try to use all the hashtags and gifs, but they're not very good at it.
Key findings from Nielsen report that millennials typically embody the following characteristics: Diverse, Expressive and Optimistic: As a group they are more racially and ethnically diverse than any previous generation. Self-expression and artistic pursuits are important values to them.
The millennials believe the order should be as follows: openness to experience, conscientiousness, extraversion, agreeableness, and emotional stability. The major differences are the different valuations for extraversion and openness to experience.
Millennials spend 26% of their monthly income on rent or mortgage payments. 36% of Millennials are concerned with the cost of living. 30.3% of Millennials use Buy Now, Pay Later services. Millennials do 54% of their shopping online.