By now, you've probably heard of millennials, but do you know who they are?
Millennials, sometimes known as the "Echo Boom", are the children of America's 70+ million baby boomers. As the baby boomers begin turning 65 in 2011, their children are entering the workforce.
These new workers are different than any group we have known before. Typically thought of as being born after 1982, they don't remember President Reagan or the Challenger, and can barely recall a time without easy web access. Sometimes known as the Peter Pan Generation, they are stereotyped as not wanting to grow up and being reluctant to set out in life without their parents. They've been called the Trophy Generation, as just showing up at little league was enough to bring home some hardware. Experiencing formative years in the booming 1990s, millennials hold high expectations, and are expected to change jobs much more frequently than their parents or Gen-X cousins.
Check out these videos and see what your thoughts are. Do you have millennials in your office? How has it changed your company?
You can read about recruiting, employing, and marketing to this huge segment of our economy here.