- The Find: The much ballyhooed differences between Gen Y and older workers are largely a myth, claims extensive new research.
- The Source: Research from PricewaterhouseCoopers entitled "Millennials at Work"
The perception that the new generation of workers, the 'millennials', are disloyal and will reject traditional work practices is a mythOn the contrary, Gen Y workers "expect to be predominantly office-based, work regular office hours and have a small number of future employers," or in short to be much like the rest of the workforce.
What's the takeaway? If your company is expending scarce resources on special programs intended to attract and retain Gen Y workers than it might be worth reconsidering if that's money well spent. This conclusion is reinforced by other research due to be published next year by PwC that has found "61% of CEOs say they have challenges recruiting and integrating younger employees."
Check out the complete study for much more on Gen Y's attitudes towards globalization and working abroad, technology, corporate social responsibility and compensation and other rewards.
The Question: Gen Y exceptionalism: myth or reality?