What females say are their favorite hobbies differ from what males say, but overall, the most popular hobbies for the Millennial and Gen Z generations, in order, are gaming, followed by music, sports, and art.
Millennials spend more on convenience, online shopping, eating out, experiences and travel, streaming services, debt, and social impact by donating and buying from socially responsible brands. On the flip side, Millennials spend less on cars, clothes, housing, and retirement than previous generations.
The Deloitte and Robin surveys both show that Gen Z and millennials want a better work-life balance, better learning and development opportunities, improved mental health and wellness support, and a greater commitment from businesses to make a positive societal impact.
Stress: According to a recent survey conducted by Cigna TTK Health Insurance Co., 95 per cent of Indian millennials admit to being stressed, which is higher than any other country across the globe. Stress is said to have severe implications one's health and well-being.
Due to their independent nature, Millenials are not as interested in teamwork as other generations. Millennials do not have as strong a work ethic, with an average of 38.8 hours spent at work a week compared to previous generations who both average above 40 hours8.
Social media, video content, and gaming are more likely to be taking up their time. Starting from the top, listening to music is the top thing Gen Z and Millennials do in their free time, with Gen Z more likely than Millennials to say so.
Their overall goal is to express themselves in a way that is true to who they really are. Barbara Bylenga added that Millennials are especially passionate about things that impact others: the planet, the environment, social justice, poverty. They see their passions as a way to define themselves as 'changemakers'.
Strauss and Howe ascribe seven basic traits to the millennial cohort: special, sheltered, confident, team-oriented, conventional, pressured, and achieving.
Flexible and in control. More than anything, Millennials — those born from the early 1980s to early 2000s — want control of their lives, so build the tools that give them control. Millennial is not simply a generation. It is an attitude that is reaching across generations.
Millennials, the generation that includes those born between 1980 and 2003, are commonly described as lazy, poorly prepared and without aspirations.
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.
Millennials are passionate about issues such as sustainability, social justice, and economic equality. They are also passionate about technology and staying up to date with the latest trends, as well as being actively involved in their communities and finding ways to give back.
Most of the millennial generation's worries center around opportunities for career advancement and development: 40 percent said they feared getting stuck with no development opportunities, and 32 percent said they feared they wouldn't meet their career goals.
The millennial generation tends to be independent, focusing less on themselves, and more on real-world issues. They are hyper-focused on getting things done in their way and in their own time. Dating doesn't always fit into their other life goals. When finding love is important enough, they make time for it.
Millennials are looking for recognition
We already know that millennials aren't motivated by money as much as their predecessors. In order to keep them motivated, they need to know that they are in an environment where they (and their ideas and hard work) are valued. They want to feel respected and appreciated.
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.
Work-life balance and flexibility
Millennials aren't willing to sacrifice their personal life in order to advance their careers. They like to “work hard, play hard” and want to be at a company that appreciates this desire for balance.