Sorry bosses, a new breed of worker is attacking everything you hold sacred—from giving orders, to your starched white shirt and tie. They’re called Millennials (or Generation Y); born between 1980 and 1995, they’re rapidly taking over jobs from baby boomers who are now entering retirement.
Therefore, the increase in Millennials entering the workforce has led to a radical shift in the workplace environment. Feeling unbound by a single office, a traditional 9 to 5 schedule—even a single job—this group of workers is able to work from anywhere at anytime; with the help of technology. This has turned ordinary workplaces into psychological battlefields; and the Millennials have the upper hand.
“You have to speak to them a little like a therapist on television might speak to a patient,” laughs ad agency executive Marian Salzman. “You can’t be harsh or tell them you’re disappointed in them. And you can’t really ask them to live and breathe the company; because they’re living and breathing themselves, and that keeps them very busy.”
Faced with these new employees who want to roll into work with their iPods and flip flops around noon, but still be CEO by Friday, companies are realizing that the era of people just happy to have a job are as dead as the three-Martini lunch.
So, to help you figure out what you’re dealing with, TollFreeForwarding.com has created this handy infographic. Work Habits of the New Millennium delves deep into 5 common types of Millennials, such as the night owl and the nomad. Find out more about them and their respective traits in the infographic below:
Work habits of the Millennials
The first wave of Millennials has entered the workforce, and already the traditional work environment is being transformed. Workers are no longer bound to one office, one device, even one job.
Currently only 2.6% of US employees consider their home as their primary place of work. But of Gen-Y workers, 3 out of 5 expect to work remotely. Remote working is all the rage with all age groups, though, and for good reason. According to IBM, teleworkers are 50% more productive than their office-bound counterparts. When overall employment dropped after the 2008 recession, the telecommuting workforce actually grew.
Click here to find out what to do with downtime at work.
The Night Owl
“9 to 5” no longer applies when when modern technology allows people to not only work where, but when they feel most productive. A recent study by the University of Adelaide shows our brains actually learn better at night. The rise in freelancing also means more people working unconventional work hours. When asked to describe their work habits, 18.8% of both men and women described themselves as night owls.
Multi-tasking has been around for ages, but the rise of the Internet and connected devices brought it to a whole new level. Studies have shown that due to growing up hyper-exposed to multimedia, Millennials are better suited to multi-tasking that any other generation before them. 89% of smartphone owners use them while at work. The lines between professional and personal are blurring, especially when 24% of employees use a smartphone or tablet as their primary work-related device. Of Gen-Y jobseekers, 66% care more about social media freedom over salary when looking for a new job.
It’s estimated that only 2% of people can truly multitask effectively, yet recent studies have shown that employees who are given some freedom to surf the web at work are 9% more productive than those who don’t.
For most Millennials, their parent’s and grandparent’s experience of a single salaried career will never come. And in today’s economy, one job isn’t enough. 35% of employed Millennials have started their own business on the side to supplement their income. This includes:
- Blogging and freelancing
- Selling handmade products on sites like Etsy and Cafepress
- Reselling specialty & collectable items on eBay
- Completing small skill-related jobs on sites like Fiverr and Craigslist
45% of Millennials want to start their own business within the next 5 years. Click here to learn why we sometimes pretend to be busy.
With such a changing work environment, most Millennials don’t plan to stay in one job for more than 3 years at a time. 63% of Millennials know someone who has had to move because of the economy. So many Millennials prefer to stay on-the-go. More than a quarter of Millennials are self-employed; 61% prefer video meetings with advisors; 69% believe office attendance is unnecessary on a regular basis. 38% of Millennials who are currently working said they were actively looking for a different job. While 43% said they were not actively looking, but were open to offers.
Millennials also account for 30% of US business travellers.