The Data Behind Generation Y

UB URBANBOUND. presents THE DATA BEHIND GENERATIONY Millennials are our future. They may do things differently, but their generation is marching into the workplace, demanding to be heard. While their habits are certainly a change of pace from generations past, there are ways to adapt. THE FIRST STEP: UNDERSTANDING THE DATA 0000000. 000000 •. 0000000 000 INTHEUNITED STATES,THERE AR 86 MILLION MILLENNIALS AND BY 2025, MILLENNIALS WILL ACCOUNT FOR OF THE GLOBAL WORKFORCE 75% 45% OF MILLENNIALS WILL CHOOSE WORKPLACE FLEXIBILITY OVER PAY THE PERCENTAGE WHO WANT A JOB WHERE THEY CAN HAVE AN IMPACT: 72% 69% BELIEVE OFFICE ATTENDANCE IS UNNECESSARY ON A REGULAR BASIS. 60% OF MILLENNIALS LEAVE THEIR COMPANIES INLESS THAN3 YEARS AT A COST TO THE ORGANIZATION OF $20,000 PER PERSON TOREPLACE 54%&F O GEN Y WANTS TOSTART ABÜSINESS 46% of Millennials complained that older managers were resistant to change and had a tendency to micromanage, BUT... 33% of older respondents said that younger workers' informality and lack of respect for authority were problematic SAY LOSING THEIR PHONE OR COMPUTER WOULD HAVE A 65% GREATER NEGATIVE IMPACT ON THEIR DAILY ROUTINE THAN LOSING A CAR 40% of Millennials think they should be promoted EVERY TWO YEARS– regardless of performance. AND 92% BELIEVE SUCCESS SHOULD BE MEASURED BY MORE THAN JUST PROFIT UB URBANBOUND. http://smallbusiness.com/manage/employees/10-facts-generation-y-small-businesses-know http://business.financialpost.com/2013/09/16/like-it-or-not-millennials-will-change-the-workplace http://danschawbel.com/blog/74-of-the-most-interesting-facts-about-the-millennial-generation http://www.thefiscaltimes.com/Articles/2011/11/11/Gen-Y-vs-Boomers-Workplace-Conflict-Heats-Up http://nation.time.com/2013/o5/09/millennials-the-next-greatest-generation