As well as enjoying their time at work, millennials want to feel their job has a purpose. Wellness and mental health programs Generally, the younger the generation, the higher the prevalence of mental health diagnoses. And that's great news when our world is facing problems, such as inequality, climate change, environmental degradation and gender-based violence. 75% of Millennials would prefer to work from . Millennials are an important demographic for brands to win over. A survey of 1,000 Millennials found that two-thirds of respondents had at least $10,000 in student loans, and more than a third owed more than $30,000. Within two years millennials will make up half the global workforce, by 2025 it will be 75%. 33% of Millennials want collaborative workspaces. Diversity and inclusion are very important to younger . 19% of Millennials say flexibility is their most important workplace benefit. 1. Here are the top 4 most important benefits for Millennials and Gen Zers. Millennials want to understand how they fit . Thanks to the rising cost of college tuition, Millennials have amassed $1 trillion in student loan debt. Answer (1 of 3): There are three things that I feel Millennials find important: 1. The data presented below comes from Mary Meeker's "Internet Trends Report" - one of the reports I look forward to each year. Millennials in the workplace are a hot topic right now. Autonomy- We want to be able to be assigned a project, and then be trusted enough to do the job to the best of our abilities without micro-management. Millennials represent a large segment of the population and are an important target market for consumer companies. They expect to work on different tasks and accomplish them on time. This post is about millennials - why they are changing the game, how to hire them, and how to keep them motivated. Gen X and Baby Boomers prioritize their desire for ethical leadership. Around the world, millennials are shaping society and business in a powerful way. What are Some Characteristics of Millennials? We have creative solutions to problems, and we'd like to use t. They will account for one third of all retail spending in the next five years, and soon, millennials will be 50% of the workforce. Wellness and mental health programs Robust financial support Emphasis on work-life balance Feedback, mentoring, and advancement 1. 3. But they are a very different group. Looking at those numbers, there's no denying they are one of the most important consumer segments. Their shopping habits can sometimes make or break an industry. What are the 5 characteristics of Millennials? Gen Z and millennials now make up 46% of the full-time U.S. workforce. The marketing agency Moosylvania has compiled its annual "Millennials' Top 100 Brands" list after surveying 1,000 millennial consumers. Since millennials grew up in an environment with a diverse group of people, they are used to making friends and working with teams. In Brazil, for example, more than 90% of millennials said the most important thing for them was the chance to work with great people. The group consists of people born between 1981 and 1996, or roughly 25% of the. Perhaps most important, 97 percent of these millennials are extremely optimistic about what lies ahead for them. The hospitality industry is no exception. A full 87% of millennials say professional development or career growth opportunities are very important to them in a job. Shutterstock. 49% of Millennials support social tools for workplace collaboration. Honesty at 77%, reliability at 74%, helping family at 74%, compassion at 72% and commitment at 72% are the most important values to millennials, according to data released by Morning Consult, a technology company. Others wrongly believe that millennials are those born in the new millennium (meaning today's teenagers and young adults). These priorities vary, however, from country to country. I spent some time reviewing my notes and conversations with nurses throughout the last few years and here are the three most common things millennial nurses said are important to them on the job: 1) They want, expect, and value professional growth opportunities from their employers Harnessing and nurturing this optimism should be a goal of all American companies hoping to show Millennials that their firms' contribution will make the world a better place. They work well with others. These individuals, born between 1981 and 1996, are thought to be the most powerful generation for companies around the world at the moment, and in 2016 they became the largest generation in the US labour force, and it was predicted that they would represent 50% of the global workforce by 2020. 10,176 Millennials are those born between 1980-2000, today between the ages of 15-35. Millennials are proactive and confident at work. They want to learn and grow. From Netflix to Adidas, here are Millennials favorite brands that made the cut. 59% of Millennials say flexibility will improve productivity, 49% say it'll improve their happiness. Broadly speaking, millennials are people who are in their 20s and 30s right now. In general, millennials want more feedback on their performances, in part because they want the affirmation, and in part because they want to keep learning and improving. NOT today's teenagers, and certainly not everyone younger than a baby boomer. What are the morals of Millennials? Millennials are aware of the key issues and problems in society and want to make a difference through philanthropy and social participation. They've been raised in . In a recent presentation on marketing to this group, Maurisa Potts, CEO of Spotted MP, pointed out that, by 2030, millennials will outnumber baby boomers by 22 million. 2. But only half of Japanese young people said this mattered to them. They also look for feedback about their performance.