Work Motivation Profiles of the Millennial Generation
Journal Title: Revista CEA - Year 2023, Vol 9, Issue 21
Abstract
Purpose: This study aimed to determine characteristic profiles of the Millennial generation based on their sociodemographic features and motivational preferences regarding work. It contributes to the literature on Millennial motivation and provides insights for organizations seeking to better understand and manage said generation. Design/Methodology: The study was conducted on a sample of 197 questionnaire responses from individuals in the Millennial generation who had work experience. The sampling was non-probabilistic and did not consider aspects related to socioeconomic or education levels to broaden the coverage of the study. The data were collected through an online survey in Guadalajara, Jalisco, Mexico. Said data were examined using an analytical procedure—which involves a clustering algorithm to determine the optimal number of clusters—and logistic regression analysis—to identify significant variables that can explain the behavior of each group. Findings: Two distinct motivational profiles were found among Millennials: (1) a group motivated by achievement and power and (2) another one inspired by affiliation and supervision group. It was also found that these two profiles are related to certain sociodemographic features, such as age and main breadwinner. Conclusions: Understanding the motivational profiles of Millennials can help organizations better tailor their management practices and work environments to meet the needs of this generation. Likewise, organizations may need to provide several kinds of incentives and rewards to motivate different groups of Millennials. Future research in this area could explore the relationship between these motivational profiles and other outcomes, such as job satisfaction and turnover. Originality: This study contributes to the literature on Millennial motivation by introducing a quantitative methodology to identify different motivational profiles and explore their relationship with sociodemographic features. The use of a clustering algorithm and regression analysis also contributes to the methodological approaches employed in this area of research. Focused on the Mexican context, this paper also provides insights into the unique cultural and economic factors that may influence Millennial motivation in this region.
Authors and Affiliations
Jessica Rubiano-Moreno, Carlos Alonso-Malaver, Samuel Nucamendi-Guillén, Carlos López-Hernández, Camilo Ramírez-Rojas
Innovation Value Chain Assessment and Collaborative Practices in Business Digital Ecosystems: A Case Study
Purpose: To analyze the digital innovation management process in Industry 4.0 companies in Valle del Cauca. Design/methodology: This study is based on the innovation value chain model proposed by Hansen and Birkinshaw (...
Analysis of the relationship between habits and acceptance of the 9’s as a competitiveness factor in manufacturing SMEs in Aguascalientes
This study presents the experimental stage of the analysis of habits and acceptance aided by an evaluation tool and based on each element of the theory proposed by Covey on how an employee at a manufacturing...
College graduate satisfaction model: A case study
The objective of this study is to create a model that can be used to analyze the impact and satisfaction of college graduates based on their perception of personal development and the curricular structure of their progra...
Valley of Death: Factors Hindering the Success of Technological Innovation
The term Valley of Death (VoD) is a metaphor used to describe a gap or bottleneck that technological innovation projects undergo after the research and development (R&D) stage and before the development of new products a...
Entrepreneurial orientation, entrepreneurial resources, and entrepreneurial success: The need for further exploration
Starting new businesses is important for the social and economic development of each country (Esfandiar et al., 2019; Fayolle & Liñán, 2014). However, research on starting a business has so far been more about clarifying...