The Millennial Lifestyle is focused on making a difference on every level – professionally, socially, politically and economically. Millennials refuse to accept that “things have always been done this way,” and are committed to finding solutions that fit the present, while trying to honour and salute the past.
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.
So, millennials tend to have very positive views of themselves and are very optimistic about their expectations for their lives and they're more likely to say that they're above average compared to their peers and they tend to score higher on other measures of positive self-views, like self-esteem and even narcissism.
So what do millennials do all day? They spent more time working, providing child care and taking part in educational activities than their older peers. But they spent less time than nonmillennials on household chores, civic or religious work and leisure activities.
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.
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.
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.
Strauss and Howe ascribe seven basic traits to the millennial cohort: special, sheltered, confident, team-oriented, conventional, pressured, and achieving.
Millennials, the generation that includes those born between 1980 and 2003, are commonly described as lazy, poorly prepared and without aspirations.
Born between 1981 and 1996, millennials are the largest living group at 83.1 million strong. They are tech savvy, care about more than just a paycheck, and are accustomed to having a voice and seat at the table. They're an optimistic group who love social media and want their jobs and encounters to have meaning.
Flexibility and Multitasking. As already mentioned, the Millennial Generation is able to accept different cultures. Hence, flexibility means that Millennials are able to work with new people, places, and situations. Although they do not expect to change, they are ready to accommodate to new things and people.
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.
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.
According to Cigna International Health's 2023 survey of almost 12,000 workers around the world, 91% of 18-to-24-year-olds report being stressed – compared to 84% on average. Research indicates Gen Z are emerging as the most stressed demographic in the workplace, and struggling mightily to cope.
The average person falls asleep by 10 p.m., but nearly a fifth of respondents go to bed later than this. Those who claim they have “excellent” sleep prefer to hit the hay a little earlier at 9:39 p.m. Millennials are the most likely to go to bed the earliest at 9:49 p.m., followed by Gen X and baby boomers.
Instead "gucci" in slang is a synonym for cool, good, fine or OK, so if something is "all gucci," it's "all good."
Understandably, the first few items on the list include essentials like food, water, and WiFi (yes, internet access is an essential to these generations) but many Gen Z and Millennials say they couldn't live without their family. Their loved ones rank above entertainment, being able to go out, and even… toilet paper.
They are eating healthier and exercising more than previous generations. They smoke less. Almost half consider healthy eating a lifestyle choice as opposed to a goal-driven diet. Technology has enabled greater access to wellness information and has put personal health monitoring into the palms of their hands.
They constantly work on improving themselves. Sixty-five percent of millennials say personal development is the most important factor in their careers. This generation is hungry for personal growth, and this intrinsic motivation makes them incredible workers.
It's so stressful, in fact, that a survey of 1,000 Millennials conducted by YPulse showed that Millennials' number one life goal is not to get into a fulfilling relationship, build the career of their dreams, or start a family. No. Millennials' top life goal is ... to be debt-free.
They want experiences that are immersive, interactive, and that offer a sense of adventure and exploration. Millennials also want experiences that provide them with the opportunity to learn and grow, as well as to socialize and build meaningful connections with others.
Study after study shows that Millennials not only have a rock solid work ethic (that may present itself differently than the work ethic displayed by Boomers), but they are also a lot more created and a lot more collaborative when they have a passion for their vocation.