Tag Archives: Millennials

The Evolution of Work and the Changing Nature of the Global Workplace

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A generational workplace shift is currently underway and it’s having a big impact on the way organizations work and engage their employees. Millennials, employees born between 1981 and 1997, are now the largest generation in the U.S. workforce, according to the Pew Research Center. They have different assumptions and expectations about work, and wise organizations should adapt quickly to the multiple challenges that arise in retaining and developing a younger-skewing workforce.

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Millennials Make 2015 the Year of the Milestone Infographic

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Millennials moving past recession, diving into new jobs, new homes and new rides. It’s been widely reported that for many Millennials, “30 is the new 20,” with many delaying major life milestones, like full-time employment, marriage and having children. However, recent data from the American Express Spending & Saving Tracker suggests that as the economy continues to recover, Millennials will make 2015 a year of major purchases and life experiences.

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Report Reveals Gen Z Work Styles and Trends

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Universum’s latest research report, Generation Z Grows Up, shows the next wave of digital natives are optimistic about the future and fascinated by entrepreneurship. The global leader in employer branding, Universum surveyed approximately 50,000 young people (born between 1996 and 2000) across 46 countries about their future careers, fears about work, and attitudes about higher education, among many other topics – insights hiring companies can use to attract and retain the next generation of digital natives. A copy of the full public report, Generation Z Grows Up, is available online.

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Millennial Employees Crave Recognition, Employer Reward Programs Miss the Mark

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New employee research from Blackhawk Engagement Solutions reveals that current employee rewards and recognition programs—a key component in growing employee happiness—are not aligned with what makes Millennial employees happy and more productive. “Millennials are accustomed to attention and praise from their earliest days, and expect regular affirmation in the workplace. They are also prepared to switch jobs earlier and more frequently than previous generations, so employers need to take particular steps to maintain Millennial engagement,” said Rodney Mason, GVP of Marketing with Blackhawk Engagement Solutions, an international incentives and engagement company. “All-expense-paid trips and tickets to sporting events have little appeal for Millennials. Instead, they want more immediate and consistent recognition for their professional contributions and love the immediate gratification of prepaid card rewards.”

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Millennials Outnumber Baby Boomers and Are Far More Diverse

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Millennials, or America’s youth born between 1982 and 2000, now number 83.1 million and represent more than one quarter of the nation’s population. Their size exceeds that of the 75.4 million baby boomers, according to new U.S. Census Bureau estimates released today. Overall, millennials are more diverse than the generations that preceded them, with 44.2 percent being part of a minority race or ethnic group (that is, a group other than non-Hispanic, single-race white). These latest population estimates examine changes among groups by age, sex, race and Hispanic origin nationally, as well as in all states and counties, between April 1, 2010, and July 1, 2014.

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Survey Says Aflac is a Great Place to Work for Millennials

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Great Place to Work and FORTUNE Magazine’s Newest List Finds Aflac Among Top 100 Companies for Millennials Aflac, the leading provider of voluntary insurance at the work site in the United States and one of FORTUNE’s 2014 Blue Ribbon companies, announced today that Great Place to Work® and Fortune have recognized Aflac as one of the 100 Best Workplaces for Millennials in the country. This inaugural ranking comes from an anonymous survey of millennial employees administered by the workplace culture experts at Great Place to Work®. According to FORTUNE, in just 10 years, millennials will make up 75 percent of the workforce.

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Millennials Outnumber Baby Boomers and Are Far More Diverse

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Millennials, or America’s youth born between 1982 and 2000, now number 83.1 million and represent more than one quarter of the nation’s population. Their size exceeds that of the 75.4 million baby boomers, according to new U.S. Census Bureau estimates released today. Overall, millennials are more diverse than the generations that preceded them, with 44.2 percent being part of a minority race or ethnic group (that is, a group other than non-Hispanic, single-race white).

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Navy Federal Named as Best Place to Work for Millennials

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Navy Federal Credit Union announced today it has been recognized as a “Best Place to Work for Millennials” by The Center for Generational Kinetics, a global leader in researching and understanding Millennials. The list, which comes on the heels of news that Millennials have surpassed Gen Xers as the largest workforce in America1, is the first of its kind to identify companies that excel at recruiting, developing and retaining top performers. Navy Federal ranked first in the list’s Large Employer category.

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