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Harnessing the
Potential of the
Millennials in the
Workplace
Age diversity in the workplace and what
it means
By Sandra Yaworski
Generation Born During Age in 2016 Stereotypically Known for:
Baby Boomer 1945 to 1964 52 to 70 yrs Achievement and financial orientation
“self absorbed, workaholic”
Gen X 1965 to 1980 36 to 51 yrs Autonomy, productivity, adaptability
“work–life balance”
Millennials 1981 to 2000 19 to 35 yrs Entrepreneurial, global awareness, socially
connected, technologically savvy, creative,
collaboration (team)
“selfish, self-entitled”
The Generation Segments
31% 34% 37%22%
50%
20%
Demographic Shift - 2014 versus 2020
Source: Statistics Canada Labour force survey estimates (LFS), by sex and detailed age group
Baby Boomers Gen X Millennials
2014: 1st time millennials outnumbered baby boomers and Gen X in the workforce.
Needed to foster & transfer
cross generational knowledge
Our next leaders as boomers
retire. They have been waiting
for their turn.
Expect more from their
employers than previous
generations – “Show me why I
should work for you!”
Millennial Agenda
• Collaboration / working on
teams
• Entrepreneurial mind /
ambitious
• Values based
• Technologically savvy
• Creative / Innovative
Millennial Advantage
• Social & Environmental
conscious employers
• Meaningful work
• Personal growth /
Mentorship
• Technology to be present
• Work anytime / anywhere
Strategies to attract Millennials
• Non-standard work hours
• Remote work
• Any device
Clear career
paths
Flexible work
environment
• Meaningful work – tied to purpose
• Ongoing Training
• Mentorship
Team based
work
• Allow different teaming models
• Exposure to all parts of the organization
• Several projects with opportunities for leadership
Make it fun
• Cool and immediate rewards for small successes
• Freedom / flexibility in type of work
• Activities to socialize with co-workers
R U RDY?
Do you have a transition
plan?
Need Help?

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Harnessing the millennials

  • 1. Harnessing the Potential of the Millennials in the Workplace Age diversity in the workplace and what it means By Sandra Yaworski
  • 2. Generation Born During Age in 2016 Stereotypically Known for: Baby Boomer 1945 to 1964 52 to 70 yrs Achievement and financial orientation “self absorbed, workaholic” Gen X 1965 to 1980 36 to 51 yrs Autonomy, productivity, adaptability “work–life balance” Millennials 1981 to 2000 19 to 35 yrs Entrepreneurial, global awareness, socially connected, technologically savvy, creative, collaboration (team) “selfish, self-entitled” The Generation Segments
  • 3. 31% 34% 37%22% 50% 20% Demographic Shift - 2014 versus 2020 Source: Statistics Canada Labour force survey estimates (LFS), by sex and detailed age group Baby Boomers Gen X Millennials 2014: 1st time millennials outnumbered baby boomers and Gen X in the workforce. Needed to foster & transfer cross generational knowledge Our next leaders as boomers retire. They have been waiting for their turn. Expect more from their employers than previous generations – “Show me why I should work for you!”
  • 4. Millennial Agenda • Collaboration / working on teams • Entrepreneurial mind / ambitious • Values based • Technologically savvy • Creative / Innovative Millennial Advantage • Social & Environmental conscious employers • Meaningful work • Personal growth / Mentorship • Technology to be present • Work anytime / anywhere
  • 5. Strategies to attract Millennials • Non-standard work hours • Remote work • Any device Clear career paths Flexible work environment • Meaningful work – tied to purpose • Ongoing Training • Mentorship Team based work • Allow different teaming models • Exposure to all parts of the organization • Several projects with opportunities for leadership Make it fun • Cool and immediate rewards for small successes • Freedom / flexibility in type of work • Activities to socialize with co-workers
  • 6. R U RDY? Do you have a transition plan? Need Help?