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Leading Generation Y
A mindful approach to retaining employees
Whit Tice
Abstract
Generation Y is the up and coming group that will have a serious impact upon the business,
political, and social realms of the US. Many from Generation Y have joined the workforce and still more
are to come. With Baby Boomers nearing retirement or already retired, Generation Y will soon aim to fill
their shoes. However, with the departing Baby Boomers there will be job vacancies because Generation
Y simply is not a large enough population to fill the capacity the Baby Boomers occupied. This means
companies are currently competing and will continue to compete over the recruitment and retention of
Generation Y employees. This paper will go into the background of the desires of Generation Y in the
workplace and how a company can orient itself, from supervisor, manager, and leadership roles, to hold
onto their Generation Y employees through the application of mindfulness.
Introduction to Generation Y
This new generation that shall soon take up the mantle of business, society, and politics has
been known by many different monikers. They are called the Millenials, Net Generation,
Twentysomthings, and Generation Y, among other names. The rough time period that the generation
encapsulates varies by the sources and study starting anywhere from 1977 to ending in 2003. Most of
the commonly agreed upon time periods start around the early 1980’s and last through the late 1990’s.
What has characterized this group of individuals also greatly varies, but there are some common
elements. To understand Generation Y (Gen Y or Gen Yers), you need to understand the environment
that they were brought up in. This generation has had
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