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 were born into a technological world and came of age in a new millennium. They also were old enough to experience and comprehend 9/11. This generation has witnessed technological growth and development. As a result, they are considered more progressive, creative and far-thinking than earlier generations.
When we first started delving into the buying habits of Gen Z and Millennials, we found Gen Z to be pragmatic, focused on saving money, and wanting brands to constantly innovate. Millennials, on the other hand, were idealistic, willing to pay more for experiences, and committed to their favorite brands.
Baby boomers are typically more traditional than millennials in terms of lifestyle. They are more likely to be homeowners and to live in traditional nuclear families. On the other hand, millennials are more likely to put off getting married and having kids later in life.
Research shows members of the millennial generation (those born between 1981 and 1996) are aging faster than the generations before them.
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.
Gen Z (42%) is about twice as likely as Americans over 25 (23%) to battle depression and feelings of hopelessness.
Millennials are the most educated generation ever. This trend is likely due to higher income returns from a college education, as well as many young people choosing to wait out the recession and lack of jobs by staying in or returning to school.
The Greatest Generation refers to those Americans born between 1900 and 1925, many of whom fought during World War II. These individuals grew up during WWI and lived through the Great Depression and are often the parents of the Baby Boomer generation.
If you were born between 1981 and 1996, you are a millennial. Anyone born after that is in a different generation. Millennials are the "most racially and ethnically diverse adult generation in the nation's history."
The Similarities of Millennials and Gen Z-ers
These two groups actually have a major thing in common – their love of video storytelling and their love of Instagram. Alongside Instagram, YouTube is a major source of entertainment for both generations.
According to a recent survey of 1,300 managers, three out of four agree that Gen Z is harder to work with than other generations — so much so that 65% of employers said they have to fire them more often.
Strauss and Howe ascribe seven basic traits to the millennial cohort: special, sheltered, confident, team-oriented, conventional, pressured, and achieving.
Millennials are well educated, skilled in technology, very self-confident, able to multi-task, and have plenty of energy. They have high expectations for themselves, and prefer to work in teams, rather than as individuals. Millennials seek challenges, yet work life balance is of utmost importance to them.
Zillennials (sometimes called Zennials) are the micro-generation of individuals born on the cusp of the Millennial and Generation Z demographic cohorts. Zillennials are generally the children of members of Generation Jones (younger Baby Boomers) and Generation X.
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.
Millennials Had the Biggest Increase in Giving Among the Generations, New Survey Finds. FEATURED: Ethics and the Source of Foundation Money.
Millennials are the smartest, richest, and potentially longest living generation of all time.
A generation of narcissists
Baby boomers are living longer but not necessarily healthier. The Journal of the American Medical Association study reported lower activity levels, obesity, high cholesterol, and take more medication for diabetes and hypertension than previous generations.
It's no secret that every single generation has endured horrible trauma of one variety or another. But Generation Z is likely the most aware of (and most openly vocal about) the concept of trauma, its lasting mental health aspects, and mental health conditions in general.
The younger generation has powered through a lot of upheaval in their short lives but it's taken a toll on their mental health. A new survey finds that an astounding 42 percent of those born between 1990 and 2010 – Gen Z – have been diagnosed with a mental health condition.
Millennials are often typecast as so laid-back that they are positively lazy with a poor work ethic. Fact or fiction? Well, almost every generation faces the same criticism from their elders of being lazy in their youth! The truth is that millennials are not lazy as such, they just have different ways of working.
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.