For Gen Y, the rallying cry was, "I want my MTV." For Millennials, the cry might as well be, "I want my mobile banking." About 67% of Millennials now use mobile banking, according to a study released today by the Federal Reserve. This compares to 18% for those consumers aged 60 or over. And the usage gap is widening.
A quarter life crisis is something that most people can relate to. You wake up, look around, wonder what your purpose is, and come to grips with the idea of actually becoming an adult. Most twentysomethings leave it as that and take a bit of time to wallow, soul-search, and (more often than not) commiserate with friends. Not Samantha Jayne. In her mid-20’s, Jayne was working at an ad agency when she encountered her first taste of a quarter life crisis. She wasn’t happy and needed to decide what to do about it.
Although generational differences are often overstated in the workplace, Millennials do face a unique challenge, thanks to the reality of modern 24/7 communication: “ruthless comparison” with their peers.
Millennials in the U.S. read more books than people over the age of 30, according to a new report from the Pew Research Center. The organization surveyed of more than 6,000 U.S. adults and found that 88 percent of Americans under the age of 30 revealed that they had read a book in the past year compared with 79 percent of those people over the age of 30.
The latest studies say Millennials looking to retire someday will need anywhere from $1.8 million to $2.5 million saved to maintain a standard of living, and the nation’s largest generation is taking notice.
What's the matter with "kids" today … at work? Across our great nation, grumpy middle managers, executives and owners alike are wondering who these fresh-faced, impatient and entitled millennials think they are with all their outsized demands.
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