All Articles Tagged "Gen Y"
We’re not sure what it is with Generation Y Americans—the 22- to 29-year-old population—but no one seems to be warming up to them. Corporate America despises them not only as workers, but as bosses, too.
While Gen Y workers look up to their bosses as mentors, figures who are wise and experienced, bosses have a less favorable opinion of their younger employees as having “unrealistic compensation demands, a poor work ethic and poor concentration and focus,” BusinessNewsDaily said.
A study conducted by Millennial Branding, titled ”Promote Yourself: The New Rules for Career Success,“ finds that the miscommunication between Gen Y workers and their bosses stem from their stance on social media. While young workers are more comfortable in connecting with their managers on Facebook and LinkedIn, “[j]ust 14 percent of managers say they are comfortable connecting with their employees on Facebook, while 24 percent say they are comfortable connecting on LinkedIn,” BusinessNewsDaily added.
Speculatively, bosses might assume that younger workers are much too consumed in the distractive social media realm to be diligent and efficient employees at their company. However, there is one good quality about the Gen Y worker: They are more ambitious and are more likely to see promotions as a perk. Older generations see promotions as a burden.
And corporate America can’t seem to stand Generation Y as bosses either, according to new research released from Ernst & Young LLP. A startling 68 percent of workers view their younger managers as “entitled” and only concerned with self-promotion, Today said. “Entitled workers, those who feel they are owed things from their organization and that their excellence is a given, are less likely to lead teams effectively and advocate for subordinates.
The perception of Gen Y management is alarming since the younger population is moving up the corporate ladder at a rapid pace. A survey discovered that between 2008 and 2013, 87 percent of Gen Y bosses took on a new management role compared to only 38 percent and 19 percent of Gen X and baby boomers, respectively.
“Part of Gen Y’s management problem may just be inexperience. The next older cohort, Gen X, ages 33 to 48, were perceived as the strongest managers by 70 percent of survey respondents,” Today explained.
Fortunately for Millennial bosses, not all the feedback is harsh. In addition to being tech-savvy, workers describe younger bosses as being leaders of diversity in the workplace.
Ever had a Gen Y boss or are you a Millennial worker? Do you agree with how young corporate America is perceived?
We’re accessing social media all day long, both for work and personal reasons. For Gen Y, the ability to access their social networks, and access them on the devices of their choice, are of the utmost importance.
Black Enterprise reports today on a new Payscale survey finding that, for this generation, the ability to choose the smartphone, tablet, and other assorted gadget for both work and play purposes is very important. They’re also looking for a great deal of flexibility. So much so that they’ll take that over a higher pay.
Jamie Harrison, writing for the site, offers three must-ask interview questions for those young people (and the older ones) who are looking for a job to meet this liberal specifications. For more, click here.
With more millennials entering the workforce, employers are adjusting company policies — from promotion procedures to work schedules — to accommodate the most talented of this demographic. However, the concessions are rankling older workers.
Millennials or Generation Y, defined as those born in the 1980s and 1990s, are an important workforce pipeline as baby boomers retire. The Bureau of Labor Statistics estimates that millennials will make up 40 percent of the workforce by 2020. These workers are credited with being tech savvy, collaborative and willing to work long hours if the working conditions are right.
The perceived special treatment is rubbing some of the experienced workers the wrong way, according to the Wall Street Journal.
Just this week, The Washington Post published an opinion piece noting the bad rep that millennials have, but also pointing out the improvements that their presence could make. Americans work hundreds of hours more than workers in other developed countries. And for our hard work, we miss out on life.
Gen Y workers will live with parents, work odd jobs, and leave a position in pursuit of their “dream job,” that article says. Moreover, they’re aggressive, asking directly for what they want.
“Beyond that, Gen Y’s demands may eventually help bring about the family-friendly policies for which working mothers have been leading the fight,” the article says. “Now everybody wants to leave the office at 5:30. Because they’ve got band practice. Or dinner with their grandma. Or they need to walk their rescue puppy.”
The author, Emily Matchar, emphasizes that the things the younger generation of workers want are the same things that the older ones desire. So many the generation gap isn’t as wide as we thought.
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