Generation Y, also known as Millennials, includes people born between the early 1980s and the late 1990s.
When Were Members of Generation Y Born?
Members of Generation Y were born between 1980 and 1996. The exact years vary from expert to expert. This generation is more commonly known as millennials.
Millennials were born after Generation X, but before Generation Z.
What Is the Difference Between Generation Y and Millennials?
Generation Y and Millennials are terms that refer to the same group of people, the population born between the 1980s and the end of the 1990s.
What Are the Key Characteristics of Millennials?
Millennials are what experts call digital natives. They were born with technology and know how to use it very well. They are very comfortable with social media.
Key characteristics of Millennials include:
- They adapt easily and are very creative
- They are highly educated
- They are good with technology
- They are open-minded about diversity
- They are concerned about their financial situation
- They prefer to work in teams rather than individually
How Do Members of Gen Y Behave at Work?
At work, Generation Y has a strong entrepreneurial spirit. Millennials prioritize achieving common goals over strictly personal ones. They want to build strong interpersonal relationships with colleagues and feel part of a team.
They are looking for employers who advocate a balance between personal and professional life. They have a strong need to belong and are looking for employers with whom they share values. They need to find meaning in their work in order to be totally committed to it.
They have a strong need for autonomy, but still wish to receive relevant feedback from their superior. They will be loyal to a company that allows them to develop and participate in a mission that is meaningful to them.
They need change, and will tend to change employer more frequently than previous generations. They place a high value on the salary offered to them.
What Are the Strengths of Millennial Employees?
The strengths of millennial employees include:
- They are comfortable using technology
- They work as a team to achieve common goals
- They have a desire to develop their knowledge
- They are creative and innovative
What Are the Needs of Generation Y Employees?
The needs of Gen Y employees include:
- They need feedback from their manager
- They want autonomy
- They want to develop their knowledge
- They need to find meaning in their work to be fully invested
- They want their employer to share similar values to their own
What Skills are Common Among Gen Y?
Skills that are widespread among members of Generation Y:
- Social media skills
- Ease of use of technological tools
- Creativity
- Innovation
What Are the Different Generations?
Since the early 1900s, experts have generally identified 7 distinct generations: the Greatest Generation (1900-1930), the Silent Generation (1930-1945), the Baby Boomers (1945-1965), Generation X (1965-1980), the Millennials (1980-1996), Generation Z (1995-2012) and Generation Alpha (2012-2025).
What Is the Difference Between Millennials and Generation Z?
Millennials grew up at the same time as the emergence of technology, while Generation Z were born with it. As a result, they are fully conversant with all things digital. Technology is part of their identity.
