Managing Those Pesky Millennials

The 80 million millennial workers born between 1980 and 1995 are now streaming into the workplace, and they are hellbent on rewriting the rules of American business. So reported Morley Safer on "60 Minutes" on Sunday.

These young, tattooed, flip-flop wearing workers are "about to attack everything you hold sacred: from giving orders, to your starched white shirt and tie," Safer asserted. And what's more, you aren't even going to put up a fight. Faced with this unruly group of unretainable recruits, businesses are relaxing dress codes, learning to lavish praise on even the most mediocre underlings, embracing work-life balance, and nurturing their reputations as fun "employer brands." (In a related story, Google's house masseuse just retired young and rich, according to the New York Times.)

Mike Hofman was previously editor of Inc.com and a deputy editor at Inc. magazine, which he joined in 1996. The site was nominated for a National Magazine Award for Digital Media in 2010, and was named the best business website by Folio Magazine. In 2006, Hofman was part of a team of writers nominated for a Webby Award for best business blog. He lives in New York City. @mikehofman