The document presents key statistics about millennials in the workplace, indicating that 90% aspire to entrepreneurship, with a strong preference for workplace flexibility and social media access. It highlights the anticipated leadership gap as 63.3% of U.S. executives are set to retire in the next five years, alongside millennials' rising management roles and values prioritizing social impact over pay. Additionally, millennials favor collaborative and technology-enhanced work environments, with significant importance placed on creative colleagues and community engagement.

1. STATISTICS ABOUT
20
MILLENNIALS
IN THE WORKPLACE

2. of Millennials surveyed think
being an entrepreneur means
having a certain mindset
rather than starting a
company.
90%
1

3. either want to start a
business or already
have started one.
54%
2

4. of freelancers are still
enrolled at a university.21%
3

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MILLENNIALS

6. 3 out of every 4 workers globally will
be Millennials.
By 2025
4

7. Currently there are
Millennials in the workplace.
40 Million
5

8. of Millennials would prefer to
choose when and where
they work rather than being
placed in a 9-to-5 position.
89%
6

9. of Millennials will
choose workplace
flexibility over pay.
45%
7

10. of Millennials won’t accept
jobs from companies that
ban social media.
56%
8

11. Average tenure for Millennials is
2 Years(compared to 5 years for Gen X and 7 years for Baby Boomers.)
9

12. It costs an average of
$
24,000
to replace each
Millennial employee.
10

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MILLENNIALS

14. of U.S. executives will be
eligible to retire in the next
5 years.
63.3
%
(If that stat is half right, that still leaves a
large leadership gap that will have to be filled
by Millennials. Will they be ready?)
11

15. of Millennial workers took on
management roles, vs 38% of
GenX and just 19% of Boomers.
87%
In the last 5 years:
12

16. of Millennials admit to
bringing their own apps
—even against corporate
policy—in order to work.
70%
13
BREATH
12h15 12h45 13h15 14h45

17. of Millennials say they would
choose to work for a video-enabled
organization over a company that
has not invested in video.
87%
14

18. of Millennials say working with
creatively-minded colleagues
was important to them.
31%
15

19. 16
of Millennials would choose
social media freedom & device
flexibility over a higher salary.
33%

20. 17
of Millennials say making a
difference in the world is
more important than
professional recognition.
84%

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MILLENNIALS

22. of Millennials said it was important for
them to attend frequent face-to-face
meetings, 10% more than Gen X
candidates.
77%
18

23. of Millennials are already in
management positions.15%
19

24. of Millennials believe
businesses should be
measured by more than
their profits.
92%
20

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