Sentences with phrase «boomers than millennials»

Next Avenue's Gig Economy: Better for Boomers Than Millennials covers the growing trend of retirement age Americans choosing to work in the gig economy.

Not exact matches

However, our study found that Baby Boomers (age 53 - 70) make up 24 percent of the on - demand workforce, while GenX's (age 35 - 52) actually make up a greater percentage (41 percent) than Millennials aged 18 - 34 (35 percent).

«Plus, Baby Boomers have a higher net worth than previous generations so it's easier for Gen - Xers and millennials to borrow from them.

Rather than go stale, A&W has in recent years targeted millennial consumers instead of its traditional Baby Boomer crowd, undertaken an ambitious urban expansion and noisily advertised its efforts to improve food quality.

But even providing good jobs for all these potential workers wouldn't solve the labour market's problems, because the workforce is shrinking: the number of millennials poised to enter the labour pool is lower than the number of baby boomers set to retire.

The Millennial generation has an entirely different consideration set for motivation, and given that they already comprise more of the workforce than GenXers and Baby Boomers, we need to invest time, money, and energy into creating workplaces that Millennial employees will love.

Millennial small business owners have more confidence in their retirement savings than baby boomers, according to our survey, possibly because millennial owners started their business at a younger age on average (26 vs. 43 years old), allowing more time for them to grow their businesses» profit margins and create comfortable retiremMillennial small business owners have more confidence in their retirement savings than baby boomers, according to our survey, possibly because millennial owners started their business at a younger age on average (26 vs. 43 years old), allowing more time for them to grow their businesses» profit margins and create comfortable retiremmillennial owners started their business at a younger age on average (26 vs. 43 years old), allowing more time for them to grow their businesses» profit margins and create comfortable retirement plans.

Millennials appear to be more sensible with their financial planning than baby boomers and Generation X.

And millennials feel significantly more intimidated than Baby Boomers or those in Generation X, it says.

It has enabled millennial investors to begin saving for retirement far earlier than their baby boomer parents did.

Millennials are 19 percent more likely than their baby boomer peers to use productivity apps.

According to the survey, 56 percent of millennials believe CEOs have a greater responsibility today than in years past to speak up about social issues, compared to just 28 percent of generation X and baby boomers.

Millennials have a much different worldview than baby boomers, and oldschool ways simply don't work.

A new study finds that millennials are more likely than baby boomers to give based on their emotions rather than a strategic plan.

Loneliness seems to lessen with age: Millennials (adults ages 23 to 37, according to the study) are not quite as lonely as Gen Z, but lonelier than Baby Boomers (ages 52 to 71).

In fact, boomers are more likely than millennials to visit consumer websites and use them as primary sources for shopping research.

For example, of the millennial respondents, 45 percent say they chose a more expensive home than they'd planned, compared to 30 percent of «Generation Xers» — those born from the early 1960s to late 1970s — and 19 percent of baby boomers.

In fact, US millennial parents are on track to be richer in retirement than the typical Gen - Xer or baby boomer with kids.

Researchers have found that more than half of Millennials prefer to consume email via a mobile device, compared with only 21 percent of Baby Boomers.

Unlike other generations, we found that Millennials tend to have less positive work experiences as they move up the ladder in an organization; Millennials in executive leadership roles not only reported lower scores than their Boomer and Gen X executive counterparts, they also fared worse than Millennials in front - line manager and department leader roles.

In a generational research report that came out recently, it was shown that Millennials had lower chances to contribute to their 401 (k) plans, than their Baby Boomer and Generation X peers.

Millennials are more likely than Gen X'ers and Baby Boomers to say it matters if American businesses give back to society, according to a new poll conducted by Morning Consult for Fortune.

As far as investing is concerned, UBS found in a study that Millennials were more likely to self - identify as conservative investors than their Baby Boomer or Generation X peers, even though they had the longest time window to retirement.

Fidelity Charitable, the nonprofit arm of Fidelity Investments that runs its donor - advised fund program, found that 71 percent of millennial women give to charity based on the moment while less than half of baby boomer women do so.

Millennials tend to give to charitable causes in the spur of the moment and based on emotion more than baby boomers do, a new study has found.

Seventy - one percent of millennial women give to charity based on the moment, while less than half of baby boomer women do so, according to a new study from Fidelity Charitable.

More than 30 percent of American workers today are part of the Millennial generation, making them the largest shareholder of the American work force, above both Gen - X and Baby Boomers.

Indeed, Millennial women are twice as likely to be active investors and twice as likely to take on high - risk investments than Baby Boomer women.

According to the survey, of employed parents currently contributing to retirement funds, 38 percent of millennials contribute more than 15 percent of their annual income, compared with 24 percent of Gen X and 23 percent of Boomers.

Baby boomers have most of the wealth and the housing, so «millennials are doing less well than their parents at the same age.»

Millennials are around 2.5 times more likely than boomers to at least occasionally share a social - media link that references a brand or product and to follow brands on Twitter.

Needing and wanting to work: Millennials report needing and wanting to work vs. just needing to work at a higher rate (71 percent) than generation x (65 percent) and baby boomers (66 percent).

Access to flexible work options: Millennials report having to stay at the office to do work at a much higher rate (34 percent) than generation x (26 percent) and baby boomers (19 percent).

And, while a recent study found that 63 percent of millennials prefer eco-friendly product packaging, more than half of both Gen - Xers and baby boomers have the same preference.

The Internet is a more influential source of consumer information for U.S. Millennials than for older generations: 50 percent of younger Millennials and 47 percent of older Millennials said that they trust retailer websites, compared with 33 percent and 36 percent of Gen - Xers and boomers, respectively.

Baby boomers typically have more wealth than millennials and younger generations, so they likely have a higher volume of AUM.

Aside from paying for basic necessities, millennials cited travel as their number two reason for seeking flexible work options, much higher than generation x or baby boomer respondents.

FlexJobs Survey: Millennials More Interested in Travel, Work Flexibility Than Gen X, Baby Boomers

Millennials were also twice as likely than Baby Boomers to buy clothing for their pets, a phenomenon Richter chalks up to the prevalence of social media.

PayScale and Millennial Branding Release Third Annual Study on the State of Gen Y, Gen X, and Baby Boomer Workers Study highlights Millennials are having a harder time achieving financial independence than previous generations, are more willing to job hop;... Continue reading →

Remember that baby boomers are predisposed to being more reluctant than your millennial clients when discussing international diversification opportunities.

Baby boomers may potentially be more susceptible to these behavioral finance precepts than millennials and Generation X.

From a generational standpoint, baby boomers are more likely to be affected by the home bias than millennials.

Millennials have more debt and less income than Gen X or baby boomers on average.

Studies have shown many young adults in their 20s and early 30s are better at tracking expenses and sticking to a budget than baby boomers, who are generally the parents of millennials.

This article was adapted from the Morgan Stanley Wealth Management Client Conversations report «Demographic Destiny: Are Millennials Spending Differently Than Baby Boomers?»

If your millennial is walking around with more technology in his backpack than he has at the office, then perhaps he has a legitimate point that boomers and Gen - Xers should consider.

Clark's script blamed the housing crisis on a shortage of supply, growing population and demand, consumers with double the borrowing power they had in 2000, and millennials «who are greater in number than even the baby boomers — and who are now entering the housing market for the first time — and they aren't happy.»

Home prices have increased 250 % since 1980 and Millennials under 25 are spending 7.7 % more of their wallet on housing than the Boomer generation did at that age.3 As a result, the number of non-married people under 35 sharing a home or apartment has grown.

Millennial employees were 30 % more likely than Gen - Xers and 60 % more likely than baby boomers to stop purchasing or promoting an employer's products due to a poor employee experience.