Checklist for Gen Yers

Yesterday, we're talked about Generation Y. Now, to be really sure, here is a checklist of Gen Yers:


They are financial savvy
After witnessing the financial insecurity that beset earlier generations stung by layoffs and the dot-com bust, today's newest entrants into the workforce are generally savvy when it comes to money and savings. They care about such benefits as 401(k) retirement plans. They invest and want to make sure that they have a comfortable retirement and a stash of savings to enjoy life after retirement. Investing in bonds, funds, shares and other investments are part of their financial smarts


Work hard, play harder.
Unlike boomers who tend to put a high priority on career, today's youngest workers are more interested in making their jobs accommodate their family and personal lives. They want jobs with flexibility, telecommuting options and the ability to go part time or leave the workforce temporarily when children are in the picture. Life is short, why waste it all by sitting on your office desk?

Change, change, change.
Generation Yers don't expect to stay in a job, or even a career, for too long — they've seen the scandals that imploded Enron and Arthur Andersen, and they're skeptical when it comes to such concepts as employee loyalty, Tulgan says. They're like Generation X on steroids. They are also not afraid to change how the organization works as they deem fit


Conflicts over casual dress
In the workplace, conflict and resentment can arise over a host of issues, even seemingly innocuous subjects such as appearance, as a generation used to casual fare such as flip-flops, tattoos and capri pants finds more traditional attire is required at the office.


Technology savvy
And then there's Gen Y's total comfort with technology. While boomers may expect a phone call or in-person meeting on important topics, younger workers may prefer virtual problem solving, Tulgan says.


Conflicts in management style
Unlike previous generations who've in large part grown accustomed to the annual review, Gen Yers have grown up getting constant feedback and recognition from teachers, parents and coaches and can resent it or feel lost if communication from bosses isn't more regular.

Gen Yers are well travelled and are more enriched in experiences than the Gen Xes. Gen Yers ruthlessly want what they have set their sights on. Could it be because they have been groomed by their parents? Soccer practice, piano classes, karate, everything. Anything is possible. However, they lack certain social skills. They don't treat older employees as well as they should

There is tension between older employees and Gen Yers. The older employess dismiss the abilities of the new comers and the Gen Yers dismiss the ability of the old timers - they're outdated. Period

Gen Yers are no obedient sheep. They're not those that say 'how high' when told to jump. They are quick to question authority and to justify their own convictions


Perks and recruitment
Companies are realizing how valuable Gen Yers are to their organization. Many have come up with attractive perks to attract Gen Yers. For example, Aflac, an insurer based in Columbus, Ga., is highlighting such perks as time off given as awards, flexible work schedules and recognition.

If you're reading this blog, you're probably a Gen Y. Sounds familiar?