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Generation U
 

Generation U

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Get Schooled on Today's Multi-Generational Workforce

Get Schooled on Today's Multi-Generational Workforce

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    Generation U Generation U Presentation Transcript

    • Generation u
    • multigenerational WORKFORCE
    • “Workers walk the same halls, but are separate generational societies.” Randstad 2008 World of Work Survey
    • One out of four human resource professionals report witnessing intergenerational conflicts among workers.Source: Society for Human Resource Management
    • “Generational differencesare often about perspective and how things should be done. It’s as if everyone looks at the other group saying, ‘That’s not how I would do it.’” Randstad 2008 World of Work Survey
    • When you were born determines the momentous events, social trends,economic conditions, and cultural norms you experience as a young person.
    • 12 years old
    • 1950: ‣Cold War heats up when United States convicts communist spy Alger Hiss of perjury ‣Truman orders development of hydrogen bomb ‣United States enters Korean War ‣FCC licenses first color television broadcasts ‣“Great Appalachian Storm” ravages 22 northeastern states, killing 323 people ‣Peanuts debuts in seven newspapers
    • 1963• George Wallace becomes governor of Alabama• Betty Friedan publishes The Feminine Mystique, launching the Women’s Movement• The Beatles release their first album, Please Please Me• U.S. Postal Service introduces ZIP Codes• Coke unveils TaB, the first diet cola• Martin Luther King delivers “I Have a Dream” speech• President John F. Kennedy is assassinated
    • 1972✓ President Nixon visits China for eight days✓ Nixon re-elected as the Watergate Scandal breaks✓ U.S. ground troops leave Vietnam✓ Atari kicks off video game craze with launch of Pong✓ Apollo 17 is last manned mission to the moon✓ Wallace is shot✓ The Boston Marathon allows women to officially compete
    • • 1987 Dow Jones closes above 2,000 for first time• DJ drops 22.6 percent on “Black Monday” (remains largest one-day decline)• Second “Unabomber” bomb explodes• “Baby Jessica” rescued after falling into a well• Prozac approved• Tower Commission blames President Reagan for Iran- Contra affair• World population reaches 5 billion
    • 2001 • September 11 attacks • George W. Bush becomes president • First self-contained artificial human heart implanted • U.S. Patriot Act becomes law • Enron files bankruptcy • Timothy McVeigh is executed for Oklahoma City bombing
    • MILESTONE THE 21ST CENTURYmarks the first time in history that members of fourseparate generations make up the U.S. workforce
    • The age gap betweenF A the oldest and youngest workers in America isC T wider than ever—and likely to continue growing.
    • Four Generations at Work Silent Generation 1925 - 1945 Baby Boomers 1946 - 1964 Generation X 1965 - 1980 Generation Y 1981 - 2000
    • Generations aredetermined less by timeperiods and more by the momentous historical events that bond their members.
    • GENERATIONALCOHORTS
    • TIME MAGAZINE 1951: SILENT“GRAVE AND FATALISTIC”
    • Lacking Conviction**or so it seemed
    • Having grown up inthe wake of WorldWar II, many peoplein this generationrefrained fromvoicing unpopularbeliefs for fear ofbeing consideredsubversive.
    • Paying Dues Perhaps more than any generation since,the Silent Generation considered adulthood a privilege—one that comes with a price.
    • job security Unlike their parents who might have dreamed of traveling the world or amassing corporate empires, the Silent Generation had simpler aspirations.
    • Midlife Crisis In the late 1970s,companies responded to an economic recession and high inflation by laying off workers in droves.
    • Difference of OpinionHow SG describes itself How others describe SG Ethical Excessively conforming Competent Incompetent Strong work ethic Risk-adverse Respectful of coworkers Resistant to changeAccepting of responsibility Intellectually diminishedEager to share knowledge Too old to get the job done
    • Two-thirds of Generation Yers say theyhave little or no weekly interaction withmembers of the Silent Generation at work. Source: Randstad, 2008 World of Work Survey
    • FACT:Even the youngest members of the SilentGeneration are old enough to begin collectingSocial Security—in other words, they are at ornearing what society has long consideredretirement age.
    • Whether because theyare leading longer, healthier lives or lacking the financialresources necessary to stopworking, many older workers are putting off retirement.
    • In the ten-year periodending 2007, the number of workers age sixty-five and over increased by 101 percent. Perhaps more surprising is that employment among people age seventy-five and over jumped 172 percent during the same period. Source: Bureau of Labor Statistics
    • Unlike the generations thatcame before them, today’solder employees don’t feelobligated to make roomfor younger workers.
    • “Can they still be productive?” Frequent Question
    • There is an enduring and widely held belief that job performancesuffers as workers age.
    • Research shows that there is no correlation between age and how well employees perform their primary tasks.Source: Ng, T. W. H., & Feldman, D. C. (2008). The relationship of age to tendimensions of job performance. Journal of Applied Psychology, 93(2), 392-423.
    •  Engage in tardiness Older workers are or absenteeism less likely to...  Display workplace aggression  Use drugs or alcohol at work  Refrain from helping co-workers  Complain(Ng & Feldman, 2008)
    • AConspicuousSilence
    • QUESTION? Why do those who risked their lives fighting wars to protect democracy abroad seem loath to press for equal rights at home? THEORIES Maybe World War II left the Silent Generation weary of fighting on any front. Perhaps Time was correct and the Silent Generation avoids speaking out for fear of being labeled as un-American. Or maybe the Silent Generation is not really afraid to speak up on civil rights issues—maybe its members simply like things the way they used to be.
    • In an American societythat increasingly appreciates cultural diversity, the Silent Generation seems highly intolerant.
    • Intentionally or not, members of this generation continue to use demeaning andbigoted language, employ genderand racial double standards, and show deference to white males.
    • The largest generation,BABY BOOMERSmake up 50 percent of the U.S. workforce.
    • 80MILLION
    • From crowded elementary schools to depleted retirement funds, the Baby Boomer generation’s size has burdened institutional infrastructures for decades.
    • Baby Boomersare the generationof television,assassinations,The Beatles, theVietnam War,moonwalks,and the sexualrevolution.
    • Unlike their “silent” parents,Baby Boomers were not afraid to challenge cultural norms.
    • Whereas the Silent Generation fought a war abroad to protect freedom, Baby Boomerswaged war at home against the people and policies that limited that freedom.
    • “Change Agents” Civil Rights bills passed U.S. involvement in Vietnam War ended Legislation enacted barring discrimination on the basis of race, gender, religion, national origin, sexual preference, physical ability, and age Movements to stop polluting the earth and to start conserving it instead Employee-focused policies, procedures, and regulations prevalent in most business organizations today
    • These formercrusaders went towork, putting inlong hours andchasing salariesthat would allowthem to improve ontheir parents’ lot.
    • “workaholics”
    • In the twenty years following theBoomers’ entrance in the workforce,the annualamount of timeAmericans spent at work increasedan average of one full month.
    • AN AVERSIONTO AUTHORITY
    • To lead themeffectively,managers need toprove that they’renothing like thepolitical andbusiness leadersBoomers distain.
    • At a point in life when boomers are looking for greater balance,work is becoming exceedingly rigorous.
    • Employees face demands to work longer hours, learn new technology, absorb the dutiesof laid-off coworkers, and meet increasingly unrealistic goals.
    • Boomers believe they mustoutwork their fresh-faced, computer-savvy counterparts or face losing their jobs to lower-paid youngsters.
    • “The Sandwich Generation” Boomers who care for older children as well as aging parents.
    • The Boomer Agenda1. Make love, not war. Done.2. Make more money than Done. our parents did.3. Make a difference In progress. (make amends for #2).
    • Boomers may have traded marching on Washington for walking for a cure, but they’re still looking for ways to make a difference.
    • retentionMATTERS MORE THAN EVER
    • relevance matters
    • WantedGeneration Xers were born intoa culture in which birth controland abortion became prevalent—and children were seen asavoidable or disposable.
    • Gen Xers inherited their Boomerparents’ social rubble (i.e.,no-fault divorce, staggering debt, anti-American sentiment abroad, etc.)
    • Gen Xers witnessed Watergate, the Challenger explosion, the Chernobyl disaster, the Iran hostage crisis, andthe rising gap between rich and poor.
    • I want my Music videos, personal computers, the Internet, thewomen’s liberation movement, and AIDS all proliferated during their lifetime.
    • Attributes:skeptical; fiercelyindependent; technicallycompetent; comfortablewith diversity, change,and competition
    • Whereas Boomersquestioned authority, GenXers disrespect it outright.
    • More interested inwork outcomes than with work processes.
    • “Whatever!”Xers consider truth to be relevant–and cutting to the chase a good approach to getting things done. Those philosophies might conflict with professional and ethical codes of conduct.
    • The most ignoredchildren of anygeneration.
    • HOME ALON eWhereas the Industrial Revolution drewfathers outside the home to work, GenXers probably grew up in households in which both parents held jobs.
    • EXGENERATION 40 percent of Gen Xersgrew up in broken homes
    • it’s all aboutME
    • 56 percent of Gen Xers are married,and 49 percent have children at home.In other words, the “me generation” is entrenched in the American Dream. Source: Randstad, 2008 World of Work Survey
    • WORK-LIFE BALANCE
    • Technology is botha blessing and acurse–employersexpect Xers to workanywhere andanytime, becausethey can.
    • XUsed to being in chargeuntil mom or dad camehome from work, Gen Xersprefer working independently. Gen
    • Titles and power hold littleappeal for Gen Xers. And beingless ambitious in the traditional corporate sense frees them toact fearlessly when challenging the status quo or bypassing the chain of command.
    • employment at will
    • Gen Xers realize that there is no such thing asjob security. So they seek career security instead.
    • The average Gen Xer changesjobs every eighteen months. Source: Appelbaum, S. H., Serena, M., & Shapiro, B. T. (2004) Generation X and the boomers: Organizational myths and literary realities. Management Research News, 27(11/12), 1-28.
    • MILLENNIAL =Gen Y
    • the e word
    • 85Percent of HR executives who feel that millennials havea stronger sense of entitlement than older workers do. -CareerBuilder.com
    • The September 11 terrorist attacks,Columbine high school massacre, andKatrina all happened in their lifetime; yet optimistic aboutthey tend to begoing to college, making lots ofmoney, and being famous.
    •  Sheltered Other wordsused to describe  Spoiled Gen Yers  Impatient  Disrespectful  Blunt  Diverse  Thin-skinned  Wanted
    • Wired
    • Most watched over, ever
    • Striving to be friends withtheir children, parents givekids significant influence infamily decision-making.
    • SOME MANAGERS COMPLAIN THAT YERSARE TOO BLUNT.THEY WANT INSTANT FEEDBACK, SO THEYGIVE IT IN RETURN.
    • Sol√ e f∅r whyIn 1968, 18 percent of American college freshmanhad achieved an A average in high school.By 2004, that figure was 48 percent.During that same period, SAT scores decreased. SOURCE: Twenge, J. M. (2006). Generation me: Why today’s young Americans are more confident, assertive, entitled—and more miserable than ever before. New York: Free Press.
    • Grade>> INFLATION
    • “independent spellers ”
    • Self-Esteem First. Learning Second.
    • a PROPENSITY toCHEAT
    • In a 2008 survey conducted by theJosephson Institute, 64 percent of highschool students said they cheated on atest in the past year, and 38 percentsaid they cheated more than once.**However, 26 percent confessed to lying on the survey.
    • Bred for SuccessHighly educated; pressured to achieve
    • Used to feelingspecialand receiving praise,Gen Yers do not takecriticism well.
    • “Generation Yhas been calledthe least stablegenerational groupand the mostwilling to job-hop.”Randstad, 2008 World of Work Survey, p. 27
    • The Netter Paradox “The money’s good. But won’t you just downsize me, too?”
    • Ron Alsop, The Trophy Kids Grow Up“It may seem obvious that employees should show up on time, limit lunchtime to an hour, and turn off cellphones during meetings. But those basics aren’t necessarily apparent to many millennials.”
    • thx for the iview!i wud to work 4 u!! :)
    • only20percent of millennials describe their generational cohorts as having a strong work ethic Source: Randstad
    • reality:“The transfer of knowledgebetween retiring generationsof veteran workers and newerentrants to the workforce isunlikely.” Randstad
    • keep in mind…
    • One thing that hasn’tchanged: Silent Generation workers continue to value long-term job security
    • Boomers Crave Relevance Baby Boomers rightfully consider themselves highly knowledgeable about how their workplaces function; although they’re willing to share that knowledge, their younger co-workers (and bosses!) seem uninterested in listening or learning.
    • Recession WearySome Gen Xers are experiencing their third economic recession since launching their careers. They are likely to feel “stuck” intheir jobs—and be hesitant to ask for anything more. Leaders could easily misread a Gen Xer’s silence as job satisfaction.
    • Give it to ‘em straight Gen Yers want straight talk (no jargon!), ongoing feedback, encouragement, and recognition.
    • When selecting employers, job candidates fromall generations are focusing less on the financial rewards and more on the values rewards.
    • IMAGINE: 12 years old in 2010?
    • nZ •Generatio ut” Generation •The “Bailo •Obam a Boomers 1 •Gene ration H1N n man d Generatio •The On-De t eration TexNaming •Gen ctive Generatio n •The Interathe next •Gener ation Wann abe xgeneration •Generation He
    • Generation u