Psychology of Millennials | Five Facts You Must know About The New Gen-Y Called “The Millennials”

In this post, I discuss Psychology of Millennials covering the following aspects which could give you a good idea, information and psychology facts about the subject:

Let’s discuss this interesting topic of The New Gen-Y Called “The Millennials” in detail.

Soon the generation of baby-boomers is going to get retired and will be replaced by the millennial generation (The Gen-Y’ers) who are born in or after 1982. This new generation who is currently in the age-group of teens, 20s and early 30s is very tech-savvy and born and brought up in digital e-world of technology and very different from its earlier counterparts – Gen Xers and Boomers.

The Millennials is a generation who believes in frequent crisscrossing of globe to taste and live in diverse kinds of environment. Truly multitasker and stressed, this generation is cognitively overloaded with information and is suffering from what is called as ambition addiction and choice-overload.

The Millennials are Impulsive, Self-centered and Narcissist:

The Gen-Y has less patience than its past generations and is more self-focused wherein they do not want social control and obligations from binding relationships. They believe in taking independent decisions and want to take charge of the adult levels of responsibilities only when they feel the need to it. They have more narcissist tendencies meaning they have a grandiose sense of self-importance and are preoccupied with fantasies of success, power, beauty and brilliance. They crave for admiration, praise and flattery and consider themselves unique or special from others. They are not much bothered about the needs and feelings of others and are generally haughty and arrogant in their interpersonal relationships. They are highly sensitive to self-criticisms and react to contrasting viewpoints with anger and rage.

The Learning Style, Attitude and Approach of Millennials:

This new Gen Y differs from Ge-Xers and boomers in their learning style, attitude and approach to see things around them. They believe in team work and group activities. They prefer to learn things by experiencing them rather than reading about them. They have a collaborative work style and believe that multitasking is essential to be successful and for achievement of goals. They have “It’s Cool to be Smart” attitude which means that they believe in both hard work and smart work.

The Millennials are Internet-savvy and fascinated with Technology:

According to research data, the highest percentage of internet users worldwide is the millennials. For this generation, computers and internet are not technology but a functional necessity and an integral part of their life. They have replaced time spent on TV with internet where they do many activities at one time like listening to music, playing games, socializing on networking websites, doing homework, making projects and learning the ways to earn. Instead of learning by reading books or writing things to memorize, they believe in reading information from the internet and cut/copy pasting them for future use. Mobiles, laptops, Notepads and Electronic gadgets are their lifeline. Screen-based entertainment is what they only know when it comes to relaxing or spending time leisurely.

The Gen-Y sees Workplace differently in terms of productivity and performance:

Millennials lay more importance to individualistic aspects of their work. They are well aware of the job market, salary outcomes and type of work role that they wish to take. For them, productivity and performance indicators are not linked to the number of hours spent on the job but on the quality outcomes that they are expected to achieve. Due to this, they seek fast progressions and rapid career advancement with superior job titles and fat salaries. They believe in developing new skills and continuous learning pedagogy. They ensure work life balance by living a meaningful and satisfying life outside the work.

The Gen-Y’ers are stressed, anxious and struggling with how to handle their free time:

In contrast to the Gen-X’ers and Boomers, the millennials have a more chilling lifestyle. They spent most of their time on networking in virtual world. They have poor sleeping habits and less number of hours of sleep. They have almost lost touch and feel of reading books which are replaced by mobiles and laptops, the anxiety—provoking devices. Their eating habits are erratic with either too frequently eating or having long hours of fasting which disturbs their body metabolism and make them prone to stress, strain and anxiety. This generation also struggles with time management. Though they are highly pressurized to excel, avoid risks and pick up every opportunity, they struggle with spending time productively and qualitatively.

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