Sheltered: Due to increased health and safety regulations and a move towards protection for children over the past few decades, millennials have lived more sheltered lives than previous generations.
Strauss and Howe ascribe seven basic traits to the millennial cohort: special, sheltered, confident, team-oriented, conventional, pressured, and achieving.
In many cases, it's natural for Millennials to exude entitlement because they are immature in their grasp of workplace dynamics. In addition, the human brain continues to develop until a person is around twenty-five.
Issues that matter to Millennials
Millennials as a whole also demonstrate more optimism about the future than the other generations. They are more passionate than the older generations, with 27.2% falling into the Passionate group compared to 14.2% of Baby Boomers and 18% of Generation X.
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.
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.
Millennials face unique communication challenges in their relationships because of technology and the impact of social media. As a generation that grew up with access to communication tools like smartphones and the internet, millennials often rely on technology to connect with their partners.
The business cites that so many millennials want to leave their current employer due to a lack of engagement tactics and attraction and retention strategies. It's safe to say that based on these findings, millennials aren't interested in remaining with companies that don't tend to their need to feel engaged at work.
One 2010 study that examined millennials graduating university between 2004 and 2008 showed that they had more traits associated with low resilience than people who graduated before 1987.
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 millennials believe the order should be as follows: openness to experience, conscientiousness, extraversion, agreeableness, and emotional stability. The major differences are the different valuations for extraversion and openness to experience.
Design. One Urban Dictionary user goes so far as to define millennial gray as: “The sad depressive hue of the color gray which many millennials coat their life in.
Gen Zs are more realistic
Millennials are characterized as optimistic thanks to their encouraging Baby Boomer parents and the fact that they were born and raised in more prosperity and opportunity. On the other hand, Gen Zs will be more realistic mainly thanks to the fact that they grew up in unrest.
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.
Gen Z cares about sustainability more than anyone else – and is starting to make others feel the same.
Key points. Millennials and baby boomers have a mostly contentious relationship.
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.
Millennials, the generation that includes those born between 1980 and 2003, are commonly described as lazy, poorly prepared and without aspirations.
Millennials are more obese than previous generations were at the same age, putting them at risk for type 2 diabetes, hypertension, high cholesterol, and other physical health conditions. In addition, obesity can raise risk for weight gain. Eating habits of Millennials may help explain part of this trend.