The Millennial Generation, commonly known as Generation Y, is the generation of people born after Generation X. They include those who were born in the early 1980s to early 2000s. They are generally characterized by their familiarity with digital technologies, music, and communication.
People of this generation demand constant performance appraisals in order to achieve high growth. Annual performance reviews are too long for them to wait. Recognition is more important for them compared to salary. Recognition is the easiest way to increase their motivation and this can be ...