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What Motivates Millennials? An Analysis of Work Values and Intrinsic Motivation

by Benjamin, Elizabeth M.

Abstract

Organizations are currently facing the retirement of the Baby Boomers and the challenge of recruiting, developing and retaining the newest generation to enter the workforce: the Millennials (born in or after 1980). This study investigates the work values and career expectations of this generation. Data were obtained from a survey of Millennials from across the U.S. (N=224). Data were analyzed using various techniques to assess the work values, career aspirations, and employment patterns of this generation. Millennials placed the greatest importance on the individualistic aspects of a job, as they rate work as less central to their lives, value leisure more, and want to develop personally throughout their careers while having a consistently high pay check. The results suggest that Millennials’ have high career expectations, and will job-hop in order to create a successful career for themselves. These findings have practical implications for the management of the emerging workforce.

Note

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Includes bibliographical references.

Administrative Notes

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Copyright
Copyright restrictions apply.
Publisher
Colorado College Tutt Library
PID
coccc:27202
Digital Origin
born digital
Extent
36 pages : illustrations
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Jim Parco
Department/Program
Economics and Business
Degree Name
Bachelor of Arts
Degree Type
bachelor
Degree Grantor
Colorado College Tutt Library
Date Issued
2017-05