Millennials (Gen Y) – Born between 1980 and 2000 - the most recent generation to enter the workforce. Neil Howe and William Strauss, author of the 1991 book Generations: The History of America’s Future, 1584to 2069 coined the term “Millennial”. They are called so as they have a close relationship with the new millennium and digital world. Millennials are generally confident, achievement-oriented, enjoy working in teams. They want perfect work-life balance, as they give emphasis on their life as well. This generation is well skilled in terms of technology usage and enjoys being tech savvy. It is high time that employers must understand this generation’s expectation from the work environment. The reason being, the global workforce will comprise of 75per cent Gen Y by 2025 (Delloitte, 2014). In fact, managing millennials has become one of the key challenges faced by most of the organizations today.
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