What is Gen Y? How are Millennials different from Gen Z?

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It can be said that Gen Y were the ones who laid the groundwork and witnessed the great changes of the millennium. So what is Generation Y?

What is Gen Y?

When was Gen Y born? How to identify Generation Y people

Gen Y aka Millennials – People born between 1981 and 1996 (between the ages of 26 and 41). It can be said that people born during this period witnessed the tremendous development of giants in the technology industry such as Google, Facebook, Twitter, LinkedIn, PayPal… and other major events of the corporate world. Compare Gen Y and Gen Z:

Characteristics Generation Z generation y
Age 1997-2012 1981 – 1996
Favorite MX Instagram, Youtube, Tiktok Yahoo, Facebook, Twitter
Time to use MX 4.5 hours 3.8 hours
contact option social network Phone messages, social networks
consumer behavior Pay attention to the price Take care of the experience

The origin of the name Generation Y

The name Gen Y – Millennials comes from the fact that they were born around the turn of the millennium. In fact, it took sociologists several years to decide on a name for each generation. William Strauss and Neil Howe are co-authors of the Strauss-Howe systems theory, and their naming of the “millennial generation” is widely recognized around the world.

However, there is another explanation that the letter Y in English is homophonic with the word “Why” (meaning “Why” in Vietnamese). This represents a generation that is always curious and eager to explore the world around them.

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Personality Analysis of Generation Y (Millennials).

Having been exposed to technology from a young age and having been exposed to many different cultures, Generation Y has a characteristic confidence and knowledge base. The personality traits they possess set them apart from previous generations.

Millennials are tech-savvy

Generation Y people are rarely referred to as “low-tech”. Having grown up during the economic downturn, information technology explosion and globalization, Generation Y has faced many innovations so far.

Generation Y is very curious

Many recent studies have proven that Millennials are the most inquisitive generation compared to other generations, both in relation to work and matters of daily life.

respect family

For most millennials, family is the most important thing. They are often the voice of the family and cherish the moments they spend with loved ones.

GenY always wants a balance between work and life

Compared to other generations, Millennials are not willing to completely sacrifice their personal lives to advance in their careers. They are easily attracted to a flexible work environment that allows them to experience life while achieving specific accomplishments.
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