Find out what makes young professionals tick by understanding the goals and ambitions of the millennial generation
Look up the word “millennial” and, if you are part of the generation born in the early 1980s to the 2000s, you might be offended. Adjectives such as “lazy,” “entitled,” and “narcissistic” are only a few reviled terms used to describe them. Millennials—also known as “Generation Y” —are all too often labeled as the “instant” generation: the age group to which all things come easy, and who hardly lift a finger yet expect no less than great rewards.
Cess, a 28-year-old business intelligence head, believes that while people may have their “lazy” and “narcissistic” moments, it is an unnecessary generalization. “It’s a bit unfair, really, to think this way because not all millennials are like that,” she said. “Many are already successfully running their own businesses, and others are already in a good position in a reputable company.”
So, for the older folks who think Gen Y are not worth their salt, here’s what they have to say.
“We are more efficient than you think”
Many older people these days have the “back in my day, we didn’t have this and that” attitude, and that real work would entail doing things “the old-fashioned way.”
“There is a belief that older generations tend to hate the younger ones because they don’t replicate the things they did,” said 24-year-old web designer Mark. “Technology sometimes makes older generations feel insecure because most of them do not understand it as much as we do. As a result, they think us lazy because now, there are tasks we perform better with technology that wasn’t available back then.”
The reality is, technological advances exist because people who developed them recognized the necessity to accomplish certain jobs in the fastest and easiest way possible. But in the end, how these innovations are used is what matters. As 32-year-old project development officer Ryan puts it: “It’s important for millennials to utilize the advanced tools they have been given to contribute to the betterment of society.”
“We are harder on ourselves than you are on us”
Millennials are no stranger to pressure; they experience it just as much as the previous generation did. According to 22-year-old senior marketing associate Nadine, earning money and achieving a certain career status is not easy now that everyone is on equal footing in terms of availability of information.
“It’s more challenging now because we have to be more competitive in the workplace. We have to work harder to stand out,” she explained.
In fact, pressure from others is almost unnecessary, as they also have an inner desire to challenge themselves to do better.
“I believe we have no responsibility to prove our worth to the older generation because we’re too busy proving our worth to ourselves,” Mark pointed out.
“We get stressed, too”
Technology may have simplified how specific tasks are done, but the level of stress is just as significant now as it was back then. Millennials just have a good understanding of what it takes to stay sane.
“There are times that I cannot handle the stress very well, but I think it’s just a matter of balancing your lifestyle so that the stress will not get the best of you,” said 24-year-old PHP developer Riza.
“It depends on the actual workplace environment and culture. Right now, it’s easy to cope with stress because the people around me are fun and easy to work with,” Cess added.
Among millennials, traveling is a common form of stress reliever, but sometimes it can also be something as simple as eating out or relaxing with friends.
“We have our own goals”
If you thought all millennials do is waste time on social media, you’d be wrong; they are as serious about their future and that of the people around them as anyone can be. Typical of Filipinos, one factor that pushes them to work hard is family.
“I hope one day I can be fully independent and enjoy life while giving back to my parents who have also worked hard to get me to where I am,” Nadine revealed.
Personal development and comfort is another thing they want to achieve. Ryan aspires to become an executive in his current company or eventually put up his own business, while Cess is hoping to one day no longer worry about day-to-day expenses by saving up and investing her earnings.
But as varied as these motivations are, one common long-term goal for most (if not all) is to purchase a property to call their own. “I can’t imagine anyone who doesn’t want to buy a home,” Ryan said. Indeed, a study released by U.S.-based real estate website Zillow shows that half of all homebuyers in the United States are under the age of 36, which means millennials are shaping the future of U.S. real estate.
In the Philippines, it is safe to say that the same is happening. Onsite search data from real estate website Lamudi Philippines shows that 35% of visitors from January to September 2016 were between the ages of 25 and 34 years. This is almost 15 percentage points higher than the next age group, 35–44 years, which gives us a glimpse on how young Filipinos are shaping Philippine real estate. Whether their attitude toward real estate would spell boom remains to be seen, but there’s no denying this demographic group’s formidable size and potential.
Above guest post was written by Nivelle Dumlao
, Content Writer for Lamudi PH
, two of the Philippines’ largest real estate websites. Photo provided by the guest writer.