Organizations are currently facing the retirement of the Baby Boomers and the challenge of recruiting, developing and retaining the newest generation to enter the workforce: the Millennials (born in or after 1980). This study investigates the work values and career expectations of this generation. Data were obtained from a survey of Millennials from across the U.S. (N=224). Data were analyzed using various techniques to assess the work values, career aspirations, and employment patterns of this generation. Millennials placed the greatest importance on the individualistic aspects of a job, as they rate work as less central to their lives, value leisure more, and want to develop personally throughout their careers while having a consistently high pay check. The results suggest that Millennials’ have high career expectations, and will job-hop in order to create a successful career for themselves. These findings have practical implications for the management of the emerging workforce.