And as a result of yesterday's discussion, i google a bit on this Gen Y. Amazingly, there are a full load of discussion on this mere topic. In many articles, they said that Gen Y are lazy although they are IT savvy.
Based on my personal experience with 5 Gen Y at home, my conclusion - it boils down to one fact : They are brought up when the technology at its peak. Google, Facebook, Yahoo, Iphone, etc etc... As such, everything is by the fingertips and everything must be exciting and fast
As such, at workplace
1. work must be exciting
2. work must be very short..if it is long winded, they will lose the focus
3. Money must be good. Because they need to keep up with the latest phones, gadgets and definitely must be at par with their peers
4. They love to socialize at work. They will believe in equality in actual sense.
5. They are emotionally driven.
So as managers, we must take into accounts all the above in order for us to enjoy working with them and to retain them. However, do not expect them to stay loyal. I think their motto would be "You should see how hard i work in your company, not how long I stay"...hahahhaha...stay cool managers...this will be a new challenge for the Gen X managers. Anyway, if we can handle big recessions, Gen Y will not stop us from performing at work.
Have a good day at work.

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