The corporate environment has become multigenerational and understanding each generation has become essential for companies. The experiences of each generation influence how they deal with the role of work in their lives and with their career expectations. The transformation that comes through the workplace, through new forms of communication, relationships, business operations and personnel management has been enhanced by the inclusion of a large contingent of young people from Y Generation into the labor market. According to the literature that characterizes the Y Generation, these young people have aspirations and interests about their jobs. However there aren’t many studies that explore the expectations of young people concerning their careers. Thus, this research analyzed the career expectations of young entrants into the labor market, the so-called Y Generation or Millennial Generation. For this purpose, a qualitative study was developed, based on semi-structured interviews with young people between 21 and 30 years old, who have completed graduation and have worked for at least one year in the corporate world, not including internships. The interviews aim was to identify the career expectations of Y Generation. The interview’s contents were categorized and analyzed according to theoretical background and on the career profile and characteristics of Y Generation. As a result, the analysis suggests that elements of both traditional and new career settings characterize the expectations of the younger generation.