Generational differences in the workforce

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Generational differences in the workforce

One of the biggest challenges facing HR professionals is how to attract, engage, and retain employees from four generations. Each generation has its own set of values, strengths, weaknesses, and expectations.

Following are a few characteristics about each generation HR professionals need to know in order to create effective recruitment, retention, and employee development. Baby Boomers Born between andBaby Boomers are loyal, confident, and hard working.

They prefer in-person or phone communication—they were not a generation that grew up with email or text messages. They are open to flexible work environments for different reasons than their younger counterparts, and are fearful of losing jobs to younger, more tech-savvy employees.

Baby Boomers have already established themselves in their careers. What attracts them to positions comes in the form of strong job titles and salariesas well as benefits e.

Emphasize how valuable their experience is to the company, and provide them with opportunities to mentor and share their knowledge.

Provide learning opportunities that will keep Boomers engaged and up-to-date with the latest industry trends and changing technology. Born between andGen Xers are self-reliant and highly individualistic.

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They favor concise communication, with email being the preferred channel, and are used to multi-tasking on the job. Gen X looks for transparency from companies. Building trust is key.

This generation has seen a decline in pension plans and k benefits, so they worry about retirement. Showcase the benefits you provide employees, especially retirement plans. Spend one-on-one time with this generation to develop trust.

You may also like Or they decide to go and work for a non-profit. Or, with next to no experience, they want to start their own business.
Generational Differences in Job Satisfaction & Career Plans The popular media, authors, consultants, reporters, professional speakers and others drive the conversation, sometimes in a genuine effort to help, in other cases, perhaps to fan the flames of a debate that may deserve less attention. For organizations hoping to tailor their incentive and engagement programs for employees and customers, the debate concerning the generations can be confusing and even overwhelming.

Highlight their results and accomplishments. Forget micromanagement with Generation X. Give them the lead on assignments and let them figure out their own way of doing things.

Keep them few and far between.

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Gen X would rather get things done via quick email messages. Generation Y Gen Y—the Millennials—were born between and and make up the largest generation at the moment.The topic of generational differences in the workplace has been immensely popular over the past decade, spawning a large number of academic publications and a far greater number of consulting reports, popular press books, magazine articles, media reports, blogs, and infographics.

The secret to effectively managing different generations (it's not what you think) Jessica Kriegel, a talent strategist at Oracle and the author of a new book about generational stereotypes, says that smart bosses think of their employees as individuals—not labels. The main three generations in the workforce right now certainly have some similarities, but it is the differences that matter, and the companies that understand how important these differences are will be the ones able to recruit the best talent moving forward.

Work Values and Attitudes: Popular literature claim that the younger generation of workers possess a different attitude toward their work than their older coworkers. Despite modest differences in commitment, which is lowest with the Generation X.

Jun 19,  · This paper examines differences in work-family conflict and synergy among the four generational groups represented in the contemporary workforce: Generation Y Generation X, Baby Boomers, and Matures using data from the National Study of the Changing Workforce (n = 3,).

Significant generational differences were found for work-family conflict (work interfering with family .

Generational differences in the workforce

Generational Differences in the Workplace For the first time in history, the current American workforce is composed of four separate generational cohorts: Traditionalists, Baby Boomers, Generation Xers, and Millennials.

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