image credit: Shutterstock AUGUST 14, 2015 There is one issue from which no business–regardless of size, type or location–is immune: employee turnover. Retaining top talent is a challenge, and this challenge is increasing in difficulty with the millennial-employee population. According to the U.S. Department of Labor's Bureau of Labor Statistics, the median tenure of … [Read more...]
Millennials: Not So Cheap, After All
image: AJ Reynolds/AP For a while, young people were taking public transit and using car-sharing apps instead of buying cars. But now they're heading to the dealership, just like their parents. DEREK THOMPSON APR 21, 2015 One of the hazards of being paid to think out loud is that most ideas are wrong, and some of those wrong ideas are bound to be yours.Several years … [Read more...]
March of the Millennials
As young people flood into the city, the only constant is change They belong to the ill-defined cohort known variously as millennials, echo boomers or Generation Y. Their ages range from 24 to 34, or perhaps 18 to 36, or even 21 to 30, depending on which firm is polling. They’ve been called the “Me, Me, Me Generation” by Time magazine, “screwed” by Newsweek and Salon, … [Read more...]
Millennials – Coming Of Age (Goldman Sachs Infographic)
One of the largest generations in history is about to move into its prime spending years. Millennials are poised to reshape the economy; their unique experiences will change the ways we buy and sell, forcing companies to examine how they do business for decades to come. The infographic from Goldman Sachs attempts to define Millennials in the following categories... Who … [Read more...]
Why Are Millennials So Obsessed With Food?
The author Eve Turow argues that a generation’s taste for natural ingredients will shape the future of restaurants, grocery stores, and agriculture. When Eve Turow returned to her college campus for her five-year reunion, she realized that she’d changed: Back when she was in college, she was content subsisting on “gelatinous brown rice, pre-cooked mushy pinto beans, [and] … [Read more...]