Whether you call them "Generation Y" or "Millennials", it's hard to ignore the impact the younger generation is having on the workforce. These ambitious individuals are not only taking over most of today's businesses, but they're also rapidly embracing leadership positions too.
Managers today are looking for ways to respond to a multi-generational workforce, made up not only of Generation Y, but also Gen X, Baby Boomers, and more. As different generations begin to collaborate, a new dynamic has emerged. After all, while it might sound like a stereotype, the truth is that different generational groups do have different behaviours to share in the workforce. The question is, how do you address this shift?
Moving Away from Generation X
Generation X are the people in your team born between the years of 1965 and 1978. They're the independent, relatively tech-savvy and pragmatic individuals that have been leading the way in various industries for some time now.
Though Generation X have seen some serious hardships over the years, from a recession to problems with politics and more, they thrive thanks to their focus on impudence and dedication. However, unlike their baby-boomer parents, Gen X is less interested in the workaholic lifestyle, and more drawn towards work/life balance.
Recruiting and retaining Gen X is all about ensuring flexible schedule, embracing technology that allows for telecommuting, and supporting their independence and creativity.
Exploring the Millennial Mindset
So, what makes millennials so different? Born between the years of 1979 and 1994, these experts can sometimes be impatient and bold. While some employees consider them to be "high maintenance", others suggest that Generation Y have more potential than their previous generations, as they know how to take advantage of the digitally-transforming workplace.
