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What Motivates Millenials

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Submitted By christinaaa29
Words 2168
Pages 9
Christina Lee

Analysis of Business Issues

The George Washington University

October 13, 2015

There are many organizations in the world today that are composed of four generations of employees with an age range spanning more than 60 years. Each generation is a distinct group, including the Silent Generation (1925-1942), Baby Boomers (1943-1960), Generation X (1961-1981), and Generation Y or Millennials, (1982-2005). These dates are given by Strauss and Howe (1991) to define each generational cohort. Each of the generational cohort brings varying beliefs, work ethics, values, attitudes, and expectations with it to an organization (Niemiec, 2000). Generation Y is the most recent and potentially largest generation to enter the workforce.
Generation Y’s have a drastically different outlook on what they expect from their employment experience. Generation Y’s are well educated, skilled in technology, very self-confident, able to multi-task, and have plenty of energy. They have high expectations for themselves, and prefer to work in teams, rather than as individuals. Generation Y’s seek challenges, yet work life balance is of utmost importance to them. They do, however, realize that their need for social interaction, immediate results in their work, and desire for speedy advancement may be seen as weaknesses by older colleagues.
In order to establish whether or not Generation Y is motivated by the same elements as the generations before them, we will compare what motivates Generation Y to classical motivational theories by Maslow and Herzberg. Maslow’s (1943) needs hierarchy on motivation is commonly used to classify human behavior that involves five categories, basic needs, safety needs, belongingness needs, ego-status needs, and self-actualization needs. Maslow was concerned with the sources of motivated behavior. Whereas, Herzberg’s two-factor theory of

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