"They have a healthy skepticism of the commitment their employers have to them and the commitment they owe to their employers."
I think this is a significant point. Why would anyone be more than nominally loyal to an employer who has no loyalty. Yes folks, the latest crop of twenty-somethings can be motivated just as their parents could.
What motivates people has not changed.
That's so true. In fact, if anything I think as the youngest generation grows into its 30's and 40's it's learning that it will have to adapt and change to stay in the work force.
This isn't an era of 1 job loyalty for life. The modern business model doesn't seem to allow a 1 job/1 company for life ideal. Not that that was ever an ideal to begin with.