Generation Y (also known as the millennial generation) includes people born from the late 1970s to the early 2000s. According to the U.S. Bureau of Labor Statistics, by the year 2020, Gen Y employees will comprise more than 40 percent of the workforce in the United States. Although there are many stereotypes about Gen Y workers, in reality, there are many compelling reasons why organizations should be eager to hire people from this demographic group.
Here are five things to think about as you consider hiring your next Gen Y employee: