Today's young people have an entirely different view of work than their parents and grandparents. The boundaries between work and the rest of their lives are not as distinct, so Millennials expect more personal fulfillment from their day jobs.Share
But Generation Y — defined loosely as those born after 1980 — has also been acutely affected by the Great Recession, and this means that they also know the value of a hard-earned paycheck.
In fact, entering the workforce during a down economy creates attitudes that could last up to 20 years, according to a recent study led by Yale economics professor Lisa Kahn. This includes a tendency toward risk-aversion, a greater willingness to settle, and a belief that luck plays a big role in future success. (Read more.)