CAREER ADVICE 2 minutes January 18, 2017

• Key Points To Generation Y Mean
• Key Points To Generation Y Chart
• Key Points To Generation Y Guide

Key Points To Generation Y Mean

Our last survey in relation to Generation Y was undertaken in 2007 under extremely different economic circumstances. This recent survey is based on Generation Y and their attitude towards the economic downturn. 2010 was a turning point for Generation Y. As the first members of this generation approach their thirties and the. While Generation Y spent money boldly and with few boundaries, 57% of Generation Z prefers saving money to spending it. While Generation Y spent loads of time at the mall, Generation Z prefers shopping online for almost all their purchases except for online games. Millennial-bashing has become something of a spectator sport, but, in fact, millennials have become a major driving force in shaping the culture, economy,. Jul 11, 2013  According to a recent CIO study, relations among the generations seem to be at a low point, as Gen Y (defined as people born after 1982) think Gen X (born between 1961 and 1981) are a bunch of whiners; Gen X sees Gen Y as arrogant and entitled, and everyone thinks the Baby Boomers (born between 1943-1960) are self-absorbed workaholics.

With four different generations making up your workforce, it can be difficult understanding what they all need and where they are best utilised. Baby boomers, Gen X, Millennials and Gen Z each bring a different dynamic to the table but the only way to truly harness their potential is to understand their generational characteristics.

The strengths and weaknesses of the generations in your workspace:

For now, however, it might do us some good pay attention to these six common characteristics of Generation Z: Six Defining Characteristics of Generation Z. They are Cynical. While the students I met were fairly happy and well-adjusted, they are not giddy like so many Generation Y kids were in the 90s. They tend to be more realistic not. Dec 08, 2013  Here are the key millennial traits every recruiter should know before working with this generation born between 1980 and 2000. “Millennials,” “Generation Y,” “Generation WE,” “The Boomerang Generation,” “The Peter Pan Generation,” – we go by many names and were born roughly between 1980 and 2000.

BABY BOOMERS (born 1946-1964):

/linux-generate-ssl-key-and-certificate.html. StrengthsResident evil 6 key generator.

• Boomers are characterised as being workaholics who relish long weeks and overtime.¹ They are more committed to their roles than any other generation
• Baby boomers are considered good team players with 53% of organisations saying they work well with others²
• This generation are regarded as making excellent mentors to their colleagues and juniors in the organisation³

Weaknesses

• This generation has a preference for structure and discipline and are less inclined to welcome change⁴
• Boomers are competitive so need recognition and rewards to keep them motivated to achieve more
• Baby boomers are regarded as the least tech savvy of all generations, prohibiting their ability to keep up with developments⁵

Key Points To Generation Y Chart

GEN X (born 1965-1976):

Strengths

• 70% of organisations believe Gen X are the best overall workers⁶
• Gen X is committed to juggling work with family time, and favour work-life balance in an organisation⁷
• Gen X is considered to be the biggest revenue generators overall

Weaknesses

Key Points To Generation Y Guide

• Less than 40% of Gen X are satisfied with the senior management in their organisation⁸
• This generation is less inclined to say something if they disagree with management than their successive generations⁹
• Gen X value being able to do things quickly and are less inclined to spend hours of overtime completing something perfectly¹⁰

MILLENNIALS / GEN Y (born 1977-1994):

Strengths

• Of all generations currently featuring in the workforce, Millennials are considered the most independent workers¹¹
• Millennials are concerned with ethics and the social responsibility of the organisation they work for¹²
• Millennials have grown up sourcing information, they need to be left to create their own processes rather than being told exactly what to do¹³

Weaknesses

• Due to their independent nature, Gen Y 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 hours¹⁴
• This generation is impatient when it comes to career growth. 71% are likely to leave before 2 years if they feel their leadership skills are not being developed

GEN Z (born 1995-2010):

Strengths

• The most tech competent of any generation, members of Gen Z are able to pick on developments quicker than other employees
• Gen Z are natural entrepreneurs, with 72% wanting to start their own business and hire people¹⁵
• Described as the “always on” generation, Gen Z are able to multi-task unlike any other generation using up to 5 screens at once

Weaknesses

• Gen Z are regarded as more cynical than their predecessors, favouring a realistic outlook over the idealism of Gen Y
• This generation is not likely to show too much company loyalty, with 25% believing they should only stay in a job for a year or less
• Gen Z don’t know much about a time before social media and easily accessible tech. This can make them very reliant on technology to solve problems for them

No matter which generation you belong to, you need the most up-to-date skills to stand out.

Browse over 60 online short courses from the world’s leading universities.

¹The Balance
²Business Insider
³One Park Financial
⁴eLearning Industry
⁵LinkedIn
⁶Vision Critical
⁷Vision Critical
⁸Vision Critical

⁹Eremedia
¹⁰Chron
¹¹Vision Critical
¹²Forbes
¹³Ivey Business Journal
¹⁴Inc.com
¹⁵Growing Leaders