Gen Y managers still have a lot to learn
As this generation moves up the ranks, they're not getting high marks. A survey finds them entitled and difficult.
If you've got a Generation Y manager who's rubbing you the wrong way, you're not alone.
The group is described as entitled and difficult to work with, according to a new survey of younger workers from Ernst & Young. Unfortunately, Generation Y, people born roughly from the early 1980s to the early 2000s, are just starting their climb into the managerial ranks.
Gen Y also scored lower than other generations in being considered as team players and hard workers.
Both Gen Y and its older cohort, the Gen Xers, are moving into management at a fast clip, the survey found. Eighty-seven percent of the Gen Y managers Ernst & Young surveyed moved into their management roles between 2008 and 2013. For Gen X managers, that rate was 38%, while only 19% of baby boomer managers moved into those roles during the period.
One problem for Gen Y might be simply lack of experience, EY Americas inclusiveness officer Karyn Twaronite told CNBC. But older managers should also be seeking to help Gen Y improve their management skills, she added.
"Only 5% said Gen Y was prepared to lead," she said.
So who comes off as the best managers? Members of Gen X.
Once called slackers, this cohort may have been a victim of mislabeling, given the survey's finding that the group ranked highest with positive perceptions of their management skills. Well-known Gen X leaders include Yahoo (YHOO) chief executive Marissa Mayer and Google (GOOG) co-founder Sergey Brin.
Eighty percent of respondents picked Gen X as the group best able to manage in today's economy. Members of this generation were also most cited as being problem solvers, collaborators and adaptable, but they did fall down when it came to "executive presence," the study found.
As for boomers in management roles, they were perceived as the best generation to manage in challenging times but trailed Gen X for displaying leadership.
Not everything was negative for Gen Y managers, though. The survey found they were excellent at being inclusive leaders, tapping a diverse group of workers to tackle projects. Gen Y also ranked high for tech and social media abilities.
The good news for Gen X and boomer workers is that your Gen Y manager will help you deal with Twitter's quirks. But the bad news is that she'll feel entitled about it.
Gen X experienced the transition from paper to digital. WE know how to do things both ways. IF you acted up in school, you got the paddle with the holes drilled in it (for better aerodynamics). Gen Y kids would get time out. When Gen X got in trouble at school, we did not want to tell our parents because the beating we got at home was usually much more than we got at school, while the Gen Y parents would sue the school for calling their little Johnny a bad boy. Gen X car seats were mother's lap as babies, and the flattened out back of the station wagon after we could walk. When riding a bike, the only thing between a Gen X's skull and the ground when they fell was their hair. Gen Y kids did not keep score on the baseball field because then some of the kids would feel bad when they would, gasp, lose. Oh, and everybody got a trophy.
No wonder they all feel so special. It didn't matter what you did, there were no punishments or rewards. Everybody was special.
Forget about Gen Y managers, you've just described Obama.
I also feel...Psychotherapist are going to have a few banter years ahead of them...
When these NEWER Generations (the latters) realize, there really are WINNERS and LOSERS..
And everything is not going to go their way, eventually.
NO THROPHIES,,FOR YOU !!!!
"Forget about Gen Y managers, you've just described Obama."
Today he is confronting Putin... a man with a million times his experience, prowess and capacity to win. We are so screwed...
Dennis.....Re-Tired Old Guy.....Not geezer....Those are in Yellowstone, I think.
Worked in Garden last night and this morning...
Made my breakfast, washed dishes...
Fed snacks to and talked to our animals..
Got to help mow grass and weed whack....Takes about 2 days.
Need to trim trees, and put some stain on back porch...Maybe a little, on parts of deck.
Was going to golf today, started to leave, and had no money; Can't find key to safe.
Miss Lilly went to City, get supplies, pet food, booze for me and more money.
Might want to go to Casino tonight..?
Am self directed investor...Come here for a past-time, and humor between other duties..
Now I have to go pick Sweet Corn....To put up along with tomatoes; Put up peppers yesterday.
Get off my Lawn....Just old and bored...yuk, yuk.
TAXPAYER 1:If you believe all those lies of yours I want to see you the Golden Gate bridge.
Is it fun being a Fox news zombie?
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 shed less than a point, ending the week higher by 1.3%, while the Dow Jones Industrial Average (+0.1%) cemented a 1.7% advance for the week. High-beta names underperformed, which weighed on the Nasdaq Composite (-0.3%) and the Russell 2000 (-1.3%).
Equity indices displayed strength in the early going with the S&P 500 tagging the 2,019 level during the opening 30 minutes of the action. However, ... More
More Market News
As geopolitical tensions threaten to spin out of control, investors are wondering how best to position their portfolios for the global turmoil.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'