Not surprisingly, these tips, while especially effective with Gen-Y workers, apply equally to your entire staff; it's just that the Gen-Yers expect these behaviours. Older workers might be surprised by them.
From a business perspective, you get between X'ers and their children at your peril. Even in these difficult times, companies are finding X'ers unwilling to compromise their standards of parenting.
From a generational perspective, we are changing chairs - shifting out of the roles we've each played for the nearly two decades, and into new roles that combine our generational strengths and our peculiarities in new ways.
It is not affecting employment across the board as many of the past ones have, but rather seems to be targeting specific sectors and types of work. Obviously banking and financial services, but also manufacturing and anyone in a semi-skilled job such as auto workers are especially affected. Needs are pocketed and specific. Talent shortages remain.
Despite a slowdown in immediate career opportunities, the current financial crisis is likely to reinforce the overall happy, fortuitous economic life of Generation Y.
Most members of this generation seek their parents' input on key decisions; virtually no Y will accept an offer of employment without first calling home to discuss the pros and cons with his or her parents.