What age category is Gen Y?

Gen Y: Gen Y, or Millennials, were born between 1981 and 1994/6. They are currently between 25 and 40 years old (72.1 million in the U.S.) Gen Y. 1 = 25-29 years old (around 31 million people in the U.S.)

What does Generation Y mean in business?

Generation Y or Gen Y refers to people born between the early to mid-1980s and the early 2000s. We also call it the ‘Millennial Generation. ‘ We often refer to people born during that period as ‘Millennials. Gen Y people are tech-savvy because they grew up with computers, laptops, and electronic games.

What is Gen Y generation known for?

People of Gen Y can be described as self-confident and ambitious. Some other characteristics of the Generation Y are: They are looking for a good work-life balance, flexible working hours and strong diversity policies. They also expect to rise rapidly through the organization and move up the ladder very fast.

How do you attract Gen Y employees?

“Offering professional development and training programs to employees, and playing them up during the recruiting process, is a winning strategy.” Gen Y job seekers also expect employers to promote positive work-life-balance and offer things like remote work opportunities and flexible work schedules.

What is the Gen Y age range?

When it comes to Generation Y age range you can generally make up your own rule of thumb. Gen Y are typically children and grandchildren of the Baby boomers generation so commentators tend to use this as a benchmark for any age ranges. Want to Discover More About Your Gen Y Team Members?

Which generation is the most entrepreneurial and why?

A generation that has been described as lazy, narcissistic, entitled and unable to stay in one job, have also been described as the most purpose driven and potentially the most entrepreneurial of all previous generations. Every generation has its stereotypes, they all have their good, their bad and their ugly characteristics.

What does it take to be a millennial entrepreneur?

So, what does is it take to be a millennial entrepreneur? Inc.com wrote, “Although many millennials have an entrepreneurial mindset, fewer in this generation are starting their businesses before the age of 30 than their baby boomer counterparts were.”

What generation is 1981 y?

Generation Y is defined as those who were born between 1981 and 1996. The name Generation Y was chosen to logically follow Generation X, whose members were born between 1961 and 1980. Those born after Generation Y are known as Generation Z.