Millennials at Work: Investigating the Specificity of Generation Y versus Other Generations

Florina Pãžnzaru (), Elena-Madalina Vä‚tä‚mä‚nescu (), Andreea Mitan (), Rodica Sä‚vulescu (), Alexandra Vitelar (), Cosmina Noaghea () and Madalina Bä‚lan ()
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Florina Pãžnzaru: National University of Political Studies and Public Administration
Elena-Madalina Vä‚tä‚mä‚nescu: Bucharest University of Economic Studies
Andreea Mitan: National University of Political Studies and Public Administration
Rodica Sä‚vulescu: National University of Political Studies and Public Administration
Alexandra Vitelar: National University of Political Studies and Public Administration
Cosmina Noaghea: HART Consulting
Madalina Bä‚lan: HART Consulting

Management Dynamics in the Knowledge Economy, 2016, vol. 4, issue 2, 173-192

Abstract: The present study intends to discuss the psychological profile of Generation Y versus other generations. The differences between Millennials and other generations are addressed in terms of values, personality characteristics, and reactions under stress. The topicality and relevance of the research theme are supported by the fact that most of the people who are currently employed in companies all over the world are members of the Generation Y. This situation requires a proper investigation of the characteristics and specificity of the so-called Millennials with a view to provide organizations with pertinent inputs for designing well-informed policies and for smoothly integrating Millennials in the workplace. To this end, Hogan Assessments personality inventories were applied online to more than 1000 persons from Generation Y (up to 29 years old) and more than 3000 persons from other generations (above 29 years old). Among others, the findings show that Millennials are motivated by recognition, public acknowledgment, instant and frequent positive feedback and gratification. As they need balance between personal and professional life, as well as a comfortable environment, they require a flexible work schedule, resent staying after hours. Being motivated to become part of various social networks, work in various teams, Millennials are able to easily find satisfaction in missions that involve interactions with new persons coming from different cultures and geographical areas. They are motivated by work in a nonconformist environment without strict rules and traditional work approaches, they tend to challenge the status quo and they will not be patient to keep the same job many years.

Keywords: Generation Y; Millennials; Hogan Assessments personality inventories; workplace. (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:nup:jrmdke:v:4:y:2016:i:2:p:173-192

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