Understanding Generational Types

Understanding different generations is important for recruitment, retention, and training. As baby boomers retire, there will be labor shortages. Younger generations like millennials and Gen Z have different expectations of work-life balance, feedback, and career growth. Organizations need to understand generational traits and adapt practices to engage multi-generational employees. This includes knowledge transfer from retiring workers, clear career paths, frequent feedback, work-life balance, and leveraging each generation's strengths. Adapting to different needs is key to retaining talent amid competition for skilled workers.