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Work ethic

Job loyalty, for a long time, was shown by how long you stuck around and paid your dues. Gen Y, on the other hand, says, "I show you love by how hard I work, not how long I stick around."

Tech savvy

They are tech dependent. They're the generation that's come of age with the explosion of technology.

Communication and teamwork

When it comes to communication, you can often count on Gen Yers to spread out the message fast and often.

Many Gen Y members function fairly well as a group and as "team players," but some struggle in standing out as individual, assertive leaders.

Money

Employers, listen up: Gen Y is talking to each other about the money they are (or aren't) making at your organization. They are comparing how competitive your salary is with your competitors -- and they're not afraid to share their findings.

Recognition

Gen Y is a generation of the "there are no losers -- everyone's a winner" mentality.

Gen Yers don't care how it gets done --they just want to get it done. And they want to be told they did a good job once they do it; recognition is very important.

Diversity

Gen Y doesn't embrace diversity -- they expect it -- and if your company says you believe in diversity, but then a Gen Y worker shows up and all workers look the same -- they will think you're not living up to your diversity message.

This generation has grown up with a greater awareness of and comfort with diversity of all kinds. From home lives, to school experiences, to messages absorbed from pop culture, they often don't see what all the fuss is. This can manifest as difficulty in understanding why others struggle with issues around differences.

Work versus life

"I love my job, but I love my life more" -- that's something you may hear a lot of Gen Yers say.

We're increasingly seeing workplace flexibility issues evolving in the workplace, and Gen Y workers in particular (though they're not alone)

As mentioned above, Gen Y has no problem with work or with the idea of working hard. They were raised with the imperative to "follow your dreams!", and their job and life may intersect in new ways than we've seen in past generations. "Gen Y," Kesher stressed, "doesn't want a job -- they want a life that hopefully includes a job."

Being green

This is the generation that's leading the green movement -- so give them the power to build, make changes, and become leaders in your organization's (existing or non-existing) green movement.

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There are several specific aspects that characterize those in Generation Y.  These include emphasis on consensus, education, concerns about a lack of employment opportunities, increasing housing and living costs, body image and personal development, and crime rates.

Generation Y sets the historical record for having the most access to material goods thanks to the success of their hard-working Generation X parents.  But Gen Y has also paid the price by having to cope with absentee parents, high divorces rates, and the toll that their faster paced lifestyles is taking on physical health.

Gen Y cohorts are much less receptive to traditional marketing ploys and can easily spot corporate intentions that are not in sync with their own personal values. They’ have “seen it all” through old media channels like television and radio, and they’ have grown up with new channels like the Internet, blogs, and social media.

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In a Livesciencewebpage written by Douglas Main

Teenagers and twenty-something have been dubbed the Millennial Generation, or simply Millennials.

Generation Y definition

The Millennial Generation is also known as Generation Y, because it comes after Generation X — those people between the early 1960s and the 1980s.

The term Millennials generally refers to the generation of people born between the early 1980s and the early 2000s. Perhaps the most commonly used birth range for this group is 1982-2000.

It has also been called the Peter Pan or Boomerang Generation because of the propensity of some to move back in with their parents, perhaps due to economic constraints, and a growing tendency to delay some of the typical adulthood rites of passage like marriage or starting a career

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Teenagers, twenty- and thirty-somethings have been dubbed the Millennial Generation, or simply Millennials. But what does it mean? And how old is too old to be a Millennial?

The term Millennials generally refers to the generation of people born between the early 1980s and 1990s, according to the Merriam-Webster Dictionary. Some people also include children born in the early 2000s.

The Millennial Generation is also known as Generation Y, because it comes after Generation X - those people between the early 1960s and the 1980s. The publication Ad Age was one of the first to coin the term "Generation Y," in an editorial in August 1993. But the term didn't age well, and "Millennials" has largely overtaken it. But the terms basically mean the same thing.

This age group has also been called the Peter Pan or Boomerang Generation because of the propensity of some to move back in with their parents, perhaps due to economic constraints, and a growing tendency to delay some of the typical adulthood rites of passage like marriage or starting a career.

Millennials have been characterized in a number of different ways. On the negative side, they've been described as lazy, narcissistic and prone to jump from job to job. The 2008 book "Trophy Kids" by Ron Alsop discusses how many young people have been rewarded for minimal accomplishments (such as mere participation) in competitive sports, and have unrealistic expectations of working life.

A story in Time magazine said polls show that Millennials "want flexible work schedules, more 'me time' on the job, and nearly nonstop feedback and career advice from managers." Another Time story in May 2013, titled "The Me Me Me Generation," begins: "They're narcissistic. They're lazy. They're coddled. They're even a bit delusional. Those aren't just unfounded negative stereotypes about 80 million Americans born roughly between 1980 and 2000. They're backed up by a decade of sociological research." The article also points out that Millennials may be simply adapting quickly to a world undergoing rapid technological change.

A 2012 study found Millennials to be "more civically and politically disengaged, more focused on materialistic values, and less concerned about helping the larger community than were GenX (born 1962-1981) and Baby Boomers (born 1946 to about 1961) at the same ages," according to USA Today. "The trend is more of an emphasis on extrinsic values such as money, fame, and image, and less emphasis on intrinsic values such as self-acceptance, group affiliation and community." The study was based on an analysis of two large databases of 9 million high school seniors or entering college students.

They have also been described in positive ways. They are generally regarded as being more open-minded, and more supportive of gay rights and equal rights for minorities. Other positives adjectives to describe them include confident, self-expressive, liberal, upbeat and receptive to new ideas and ways of living.

Though viewed as more liberal, some Millennials are bucking the trend. A study published March 31, 2017 by the Council on Contemporary Families found that high school seniors increasingly believe that the man should be the bread-winner in a relationship and a woman should care for the home. "It's been a steady reversal," said study co-author Joanna Pepin, a doctoral candidate in sociology at the University of Maryland.

In addition, it seems that this generation may be having less sex that any other generation before it. In a survey of more than 26,000 American adults, about 15 percent of Millennials between 20 and 24 reported having no sexual partners since the age of 18. Only 6 percent of GenXers (people born in the 1960s) could claim the same. The Youth Risk Behavior Survey by the Centers for Disease Control and Prevention in 2016 also found that teen Millennials were less sexually active that previous generations.

Millennials are also more likely to use public libraries than other generations, according to the Pew Research Center.

There is a spirited, if not tiresome, debate about whether Millennials are self-entitled narcissists or open-minded do-gooders; surely the truth lies somewhere in-between. Generally, however, there does seem to be more of an emphasis on the self than in previous generations, one reason why this group has been called Generation Me. Research presented at the 2016 annual meeting of the Society for Personality and Social Psychology (SPSP) in San Diego found that Millennials themselves do believe that they are more narcissistic that previous generations, but they don't like it. Also, the uptick in narcissism is only very slight when compared with other generations.

"We're not talking about two generations ago, people were just completely selfless, and in this generation we're trying to kill each other to watch the next season of something on Netflix," Joshua Grubbs, a doctoral candidate at Case Western Reserve University in Ohio. [ Millennials See Themselves As Narcissistic, Too (And It Bothers Them)]

The self-centered life approach may be due to the rise of individualism in society. "There is a very consistent and reliable trend where all indicators of individualism [have] been on the rise over the course of the last 100 years," Igor Grossman, a psychologist at the University of Waterloo, told an audience at the SPSP meeting.

Other scholars have pointed out that the attempt to make generalizations about an entire generation is a futile effort. Further, some have suggested that discussion of "Millennials" tends to focus on mostly white youth from suburban areas, ignoring the unique experience of immigrants and minorities.

Additional reporting by Alina Bradford, Live Science contributor.

Additional resources

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Teenagers, twenty- and thirty-somethings have been dubbed the Millennial Generation, or simply Millennials. But what does it mean? And how old is too old to be a Millennial? The term Millennials generally refers to the generation of people born between the early 1980s and 1990s, according to the Merriam-Webster Dictionary.

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1. Definition of Generation Y i n English:

The generation born in the 1980s and 1990s, comprising primarily the children of the baby boomer and typically perceived as increasingly familiar with digital and electronic technology

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Generation Y | Definition of Generation Y in English by Oxford Dictionaries

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Definition of Generation Y - the generation born in the 1980s and 1990s, comprising primarily the children of the baby boomers and typically perceived as incre