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

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Listed:
  • 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)

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.

Suggested Citation

  • Florina PÃŽNZARU & Elena-Madalina VÄ‚TÄ‚MÄ‚NESCU & Andreea MITAN & Rodica SÄ‚VULESCU & Alexandra VITELAR & Cosmina NOAGHEA & Madalina BÄ‚LAN, 2016. "Millennials at Work: Investigating the Specificity of Generation Y versus Other Generations," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 4(2), pages 173-192, June.
    • Handle: RePEc:nup:jrmdke:v:4:y:2016:i:2:p:173-192
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    References listed on IDEAS

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    1. Andreea Mitan, 2014. "Digital Natives Coming of Age: Challenges for Managers," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 2(5), pages 335-354, August.
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    Cited by:

    1. Aithal, Sreeramana & Aithal, Shubhrajyotsna, 2020. "Conceptual Analysis on Higher Education Strategies for various Tech-Generations," MPRA Paper 104025, University Library of Munich, Germany.
    2. Ümit Deniz İlhan & Burcu Kümbül Güler & Mehmet Aksaraylı, 2020. "The Regulatory Role of Work Engagement in the Relationship Between Work Values and Affective Organizational Commitment of Generation Y Production Workers in Industry," Journal of Economy Culture and Society, Istanbul University, Faculty of Economics, vol. 62(62), pages 65-89, December.
    3. Ümit Deniz İlhan & Burcu Kümbül Güler & Mehmet Aksaraylı, 2020. "The Regulatory Role of Work Engagement in the Relationship Between Work Values and Affective Organizational Commitment of Generation Y Production Workers in Industry," Journal of Economy Culture and Society, Istanbul University, Faculty of Economics, vol. 62(0), pages 65-89, December.
    4. Stefan Strecker & Ulrike Baumöl & Dimitris Karagiannis & Agnes Koschmider & Monique Snoeck & Rüdiger Zarnekow, 2019. "Five Inspiring Course (Re-)Designs," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 61(2), pages 241-252, April.
    5. Flor Madrigal-Moreno & Salvador Madrigal-Moreno & María de Jeús Montoya-Robles, 2020. "Communication as a Key Element in the Labor Inclusion of Mexican Millennials," International Review of Management and Marketing, Econjournals, vol. 10(2), pages 15-20.

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