Here are 5 realities about Millennials in the workplace:
1. **Millennials in the Workplace Value Input and Hard Work**: They seek involvement and resist tedious tasks, aiming for a work-life balance. While they expect flexibility, they’re not lazy; they put in extra hours and aspire to advance within the organization. 2. **Millennials in the Workplace Seek Support but Remain Independent**: They appreciate guidance and …. Read More
Here’s a comprehensive guide with tips for effectively managing millennials in the workplace.
Managing millennials in the workplace involves considering various suggestions that can benefit any manager overseeing a team with a significant number of millennials. These suggestions include providing feedback, emphasizing teamwork, and offering guidance to promote employee productivity, growth, and development. Understanding how to manage millennials can help leaders reduce employee turnover and devise strategies for …. Read More
7 Tips for Managing Millennials
Millennials, born between 1981 and 1996, now constitute a significant portion of the workforce, including many in managerial roles. Effective management of this generation is crucial for success in today’s business landscape. 1. Understand Their Motivations: Know what drives millennials. They seek fair compensation, transparency, flexibility, career advancement, and a balance between work and life. …. Read More
5 Basic Financial Tips for Millennials
Many Millennials, who graduated during a period of few job opportunities and significant student debt, feel apprehensive about financial matters. Given their own struggles and witnessing their parents’ generation coping with layoffs, stock market downturns, and the housing crisis, it’s understandable. However, there are practical steps you can take to improve your financial outlook. 1. …. Read More
10 Best Money Resolutions for Millennials, As Recommended by Experts
It feels like just yesterday we entered 2023, and now 2024 is almost here. While time passing can bring mixed feelings, millennials need not worry. With age comes wisdom, and in the new year, there’s a chance to make better financial decisions. Millennials, aged 27 to 42 at the beginning of the year, have unique …. Read More
Financial Tips for Millennials
Millennials often find themselves questioning their career, finances, and life goals due to economic and social factors, leading to a quarter-life crisis. Factors like rising job market costs, student loan debt, and credit card debt contribute to this crisis, making millennials feel pressure to meet societal expectations of success. Establishing a strong financial foundation is …. Read More
Financial Advisors’ Advice for Millennials
Many individuals born between 1981 and 1996, commonly known as millennials, began working just as the Great Recession hit. This period marked by economic instability, coupled with significant student loan debt and the decline of traditional pension plans, has presented millennials with persistent financial challenges throughout their careers. However, financial advisors have recognized millennials’ commendable …. Read More
Financial Tips for Millennials in Canada
In Canada, Millennials, roughly aged between 15 and 35, make up about 27 percent of the population, totaling around 9.5 million people. This demographic now dominates the workforce and is set to inherit wealth in the future. Considering these factors, along with the significant life changes and increased financial independence during these years, it’s crucial …. Read More
10 Tips for Young Entrepreneurs Shared by Successful Entrepreneurs
In spring 2019, the IDS (Information Technology, Design, and Startups) program at the iSchool celebrated its 10th anniversary. To commemorate a decade of innovation, the iSchool is launching its inaugural podcast next week! I had the opportunity to converse with 10 of the program’s most successful companies and have crafted brief podcasts from each dialogue. …. Read More
12 Tips to Enhance Leadership Skills for Millennial Entrepreneurs
What’s a key recommendation for millennial entrepreneurs seeking to bolster their leadership prowess? To aid millennial entrepreneurs in honing their leadership abilities, we consulted established entrepreneurs and business leaders for their top insights. From prioritizing empathy to refining decision-making skills, there’s an array of guidance to assist you in cultivating the leadership qualities essential for …. Read More