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Who are Millennials (aka Generation Y?. Generations are defined not by a formal process, but rather by demographers, the press and media, popular culture, market researchers, and by members of the generation themselves.Years from 1978-2000, which equals about 76 million people. What are people say
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1. Recruiting of the Millennials By NCC(SS) Chris Wilhoite
NRD Michigan
2. Who are Millennials (aka Generation Y? Generations are defined not by a formal process, but rather by demographers, the press and media, popular culture, market researchers, and by members of the generation themselves.
Years from 1978-2000, which equals about 76 million people
3. What are people saying about Millennials?
4. Family and Friends
Very focused on family
More family and friends focused and less work-centered focused
They tend to interact in large sociable networks (usually technology based)
Rely on peers for decision making; more likely to believe information that comes from those they know and trust
5. Family and Friends (continued)
More in common with Baby boomers (1946-1964) than Generation X (1965-1982)
Most 18-25 yr olds are still financially dependent upon their parents
Supportive of the family unit and wanting a family of their own but happens later in life
Believe in HEROES (personal family members or people they know)
6. Health They are considered very healthy; less illegal drug use, alcohol consumption and cigarette smoking than previous generations
Increase in prescribed drug use, increase in obesity
More likely to play more video games than organized sports
They have greater levels of stress
7. Education Parents are involved heavily
Technology based generation; they prefer fast-paced, technology enabled learning and multitasking
College entrance and graduation rates are up
More seniors will report, they will attend college (more than actually attend)
8. Education (continued) Large portion of college dropouts
Half of all freshman students do not complete college
Majority drop out before their second year
They are more likely to attend several institutions during college career
Take longer to graduate
Tend to set higher goals for themselves
9. Motivators/Preferences Very focused on money; intimidated by challenging situations
BUT they choose job on flexibility versus pay
Used to a very structured life and endless choices
Prefer things to be personalized to them specifically
Expect to be respected by those whom they interact with
10. Outlook Highly confident
Generally have a positive outlook
Have a moral code of No harm, No foul
They are used to research and prone to ask why
11. Workstyle They dont think about careers as a long-term progression
Very prone to jump from job to job
Usually need a strong mentor and specific instructions
Usually treats authority figure as an equal
Very technology savvy
Prefers teamwork over individual assignments
12. Supporting to Capture Interest Focus on achievements. Millennials are goal oriented.
They are used to having many options. DONT feature-dump but do help them see that they have many options.
13. Addressing Concerns Most will be considering college.
You will need to help them make an honest comparison between the option.
14. In closing
.. We need to review the areas of a millennial
Adjust our style to meet their style.
Any Questions?