Media, including me, have termed Millennials the “entitled generation,” but, as with most things, there are two sides to the coin.
Over the last few years I’ve written about what I call “aMillennials” and I still think the term is apt.
As they age, the difference has become clearer.
Some Millennials still seem to think they are entitled to a job because they are there and promoted because they show up; in general, they feel they are owed something by the world at large.
aMillennials believe they should be hired because they can contribute, challenged to grow and that hard work will get them promoted.
They also have the silly idea that there is more to life than work.
“There’s a huge gap across the generations in terms of how people look at the whole question of time and commitment and what that means,” said Stewart D. Friedman, director of the Wharton Work/Life Integration Project and the author of “Baby Bust: New Choices for Men and Women in Work and Family.”
They crave transparently, have little patience with corporate games and vote with their feet when stymied.
“People are just more disaffected now with that kind of lifestyle and want to have a greater sense of control,” Mr. Friedman said. “Where companies don’t provide that sense of meaning and purpose, their brand as employer is weakened. They’re not going to be able to compete for the best and the brightest.”
aMillenial-style entitlement is even invading the hallowed halls of Wall Street.
“The longstanding tradition of 100-hour work weeks, that’s not going to be easy to change, but I applaud these efforts,” Mr. Friedman said. “The young people, after two years in an analyst program at a bank on Wall Street, they’re burnt out, they’re saying ‘I don’t want to live like this.’”
Given the attitude, you can expect careers, from medicine to finance, that have historically included long hours, total immersion, high stress and total commitment to change and the changes will be wrenching.
What it means to business, both large and small, is a willingness to provide meaningful work as opposed to just a paycheck—no matter how fat.
Please join me Friday for a first person look at this change and another view on what’s driving it.
Flickr image credit: Jannes Pockele