Millennials News

Gen Xers Pass Boomers in Wealth; Inequality on Basis of Race Persists

Crammed between the cultural extremes of the baby boomers and the millennials, members of Generation X saw their wealth jump during the Trump administration and through the coronavirus pandemic as they hit their prime earning years during a record bull …

Pandemic Brings Shift in Younger Workers’ Views of Employee Benefits

The coronavirus pandemic has led to a greater emphasis on employee benefits that help people plan for unexpected life events and provide financial protection, according to a study by The Hartford. The Hartford’s Future of Benefits Study found that 40% …

How Coronavirus Pandemic Has Disrupted Both Millennials and Boomers

Millennials, are taking a big hit — again. And boomers are not OK, either. Sometimes at odds, America’s two largest generations now have something to agree on: The coronavirus pandemic has smacked many of them at a pivotal time in …

Blending Generations: Why Millennials, and the Industry, Must Bridge the Gap

Workplaces everywhere are becoming more flexible. People now work irregular hours, work from home, work out of state and even across oceans. This phenomenon is no surprise given the influx of new technology. The large number of millennials in the …

Millennials Think They’re So Much Better at Multitasking Than Everyone Else. They Are.

Emails, instant messaging, app notifications, RSS feeds, and a plethora of social networks inundate almost every aspect of daily life from work to home or just keeping in touch socially. Some people average more than four information technology (IT) switches …

Insurer Pulls Plug on Socially-Conscious Investment Platform Targeting Millennials

In 2017, Pacific Life Insurance Co. introduced a socially conscious, online investing platform tailored to thirtysomethings eager to use their assets to make the world a better place. Those investors proved more expensive and rare than the company thought, and …

Millennials in Insurance Talk Age and Tech Gaps, Insurance Being a ‘Well-Kept Secret’

What is the best part about working in insurance? For a group of millennials speaking with Insurance Journal at a July roundtable, the answer was simple. “The people,” roundtable participants agreed. At the same event, when asked about one challenge …

The Lowdown on The Capital One Cafe…Meeting Millennials on Their Turf

Capital One has spent the last two years reclaiming its personal connection with the tech-savvy generation. After considerable investment in on-line and mobile banking to compete in the fintech arena, Capital One is taking a new approach to build relationships …

U.S. Insurers Not Doing Enough on Sustainability, New Report Shows

A new report from a sustainability advocate gives two green thumbs down to the U.S. insurance industry for its inability to grow its efforts, or its interest, in dealing with climate change compared with other sectors. The report, TURNING POINT: …

Why More Corporate Agendas Are Reflecting Social Issues

In the weeks since the Parkland school shooting, big U.S. companies have found themselves in a familiar position: pressured to act on controversial social and political issues where government won’t. It’s a trend currently manifested by firms cutting ties to …