Millennials have a problem with management But not in the way you might think. The problem they have is that they don't think they're being managed; they feel either neglected or controlled. More than a third consider their bosses are not up to it.
Everyone experiences stress at some point in their lives.” While you are correct, 78 percent of those surveyed stated that they think they are more stressed than previous generations, with more debt, a more competitive job market, and more expensive healthcare being the leading reasons why.
Despite stereotypes endorsed by older generations, millennials are one of the hardest working generations. Over a quarter of them work 2 or more jobs. The number of weekly working hours is also astonishing for this generation, with 73% working more than 40 hours per week, and almost 25% working more than 50 hours.
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.
The New York Times cites that they've been called, “narcissistic, lazy, and indecisive. Millennials have been labeled the boomerang generation for the many unable or unwilling to leave their parents' home, or even more negatively, the Peter Pan generation because they supposedly won't grow up.”
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.
During the course of my workshop, generational cohorts were analyzed based on the Myers-Briggs theory. Boomers are known as ENFPs (Extraversion, Intuition, Feeling, Perception), Xers are INTJs (Introversion, Intuition, Thinking, Judgment) and Millennials are ESFPs (Extraversion, Sensing, Feeling, Perception).
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.
Gen Z is also the smartest and best educated generation. Having an unlimited wealth of information at our disposal has not gone to waste. In America, 57 percent of Gen Z is reported to have enrolled in a two-year or four-year college, compared to 52 percent of Millenials and 43 percent of Gen X.
Research also indicates that Gen Zers are currently the most stressed demographic of people. The American Psychological Association (APA) reports that: 90% of Gen Z experienced psychological or physical symptoms as a result of stress in the last year. ²
As people left their jobs for greener pastures, millennial managers were left footing the bill. This led to overwork as they struggled to fill open positions and balance added responsibilities. They also felt increased stress due to lack of support, unclear communication from leadership, and unmanageable workloads.
Key points. Millennials and baby boomers have a mostly contentious relationship.
Millennials have demonstrated their strong work ethic through volunteerism, social activism, and entrepreneurship, proving their capacity to contribute meaningfully to society. They're also known for their ability to multitask and adapt quickly to changing circumstances.
Another major factor in why younger people are more lonely is that they're more likely to have recently moved. While technology makes it easier to stay connected, we still tend to have a proximity bias when it comes to making friends. As social creatures, we like to gather face-to-face and have impromptu hangouts.
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.
Gen Z has been called the 'most depressed generation' with the least positive outlook and diminished emotional and social well-being. They have more unmet social needs than any other generation. The statistics for their behavioural-health issues – mental and substance disorders – are alarming.
Gen X is sometimes called the “Forgotten Generation.” They are the smallest generation by population, with about 65 million people.
Millennials (and the kids born after them) are currently being called the “unhealthiest generation” in human history—facing diagnoses, mysterious illnesses and conditions that our ancestors or their parents never faced.
According to the poll, 41% of Gen Z and younger Millennials are currently dealing with anxiety and depression, compared to 15% of Boomers.
Strauss and Howe ascribe seven basic traits to the millennial cohort: special, sheltered, confident, team-oriented, conventional, pressured, and achieving.
What do Millennials value most? Millennials value experiences, personalization, authenticity, and transparency. They appreciate companies that are socially and environmentally conscious, and also value flexibility, communication, and collaboration.
Inflation is the top problem Gen Z and Millennials name as the biggest they are facing today. Over-dependence and addiction to technology ranked second as the top problem among young people for the first time. However, racism and COVID-19 are still top concerns for these gens.