Friday, September 27, 2013

Are Millennials Lazy? And the Generation Gap

So I've seen an article going around about how Millennials expect everything to be given to them and how everyone thinks they are special. Although I didn't disagree with the article I felt it was severely lacking in it's scope. (http://www.huffingtonpost.com/wait-but-why/generation-y-unhappy_b_3930620.html)

There is a mind set that Millennials are lazy, don't stay at jobs for long and in general don't care about work. This is very misleading. There is a different mindset that arrived with Millennials. We saw what the generations before us did, and wanted a change. I have heard things like "You have to be with a company for X amount of years to get ahead and get your corner office." or "Do what makes you happy and you will never work a day in your life." These are BS. There are so many issues that I personally see and have experienced.
Many companies today treat employees as commodities. Examples include:

  • A national company just cut back on their regional district managers from 23 to 9 in the state of NY. They laid off 14 employees that had been with the company for years.
  • I had a boss that worked 60 to 80 hours a week, even going to the hospital, for what I think was stress. He ended up leaving the company after 6 years.
  • Companies no longer provide quality health insurance, a lot of co-pays are $50 for a doctor visit and $1000 for an in patient hospital stay.
My point is, staying with companies for a long time no longer makes sense to this generation. I work at a non-profit that actually provides great benefits and values me as an employee. I have to work only 40 hours a week, honestly I usually get closer to 45, I hate not finishing a task. For many, it's better to take contract work and pay for their own health insurance, or work for a company that treats them better and let's them lead a life style they like. This leads me to my next point LIFESTYLE.

I've heard it called the work like life balance, but the idea is that workers no longer want to work 60 to 80 hours a week and get nothing from it. There is a myth that working those hours will help you to move up. This just doesn't make sense. With companies down sizing and hundreds of employees clamoring for one spot, the odds are against you. The employee doesn't get any more money or incentive. I would rather have time with my family that work crazy hours, with a chance to maybe get an interview for a position. Some companies have realized this, Starbucks provides health care and stock options to employees. Cosco pays $22 an hour and has great benefits. Trader Joe's is dropping health coverage for part time employees because obamacare is cheaper, and they are providing a $500 stipend.

A lot of people in this generation think that companies don't value them. Pensions are being taken away and benefits being stripped down. So I guess my question is, What's the point? Long term this generation will be eventually running the companies and understand that this is the way it was. There are companies doing it right but a lot that aren't.