This document discusses the differences in values between generations currently in the workforce, including Baby Boomers, Generation X, and Generation Y (Millennials). Baby Boomers value hard work, quality work, and respect based on seniority. They can be suspicious of new ideas and believe in traditional values. Generation X values balance, education, and ongoing training. They lack organizational loyalty and demand advancement opportunities. Generation Y is the most individualistic generation; they value flexibility, teamwork, and embrace change. Managing the different expectations and risks posed by each generation is important for organizations.

2. Fill in The Gaps:
Understanding the ethics
of every generation
Jenny Reid
Director

4. Key Drivers of Corporate Ethics
Corporate Ethics
Accountability
Responsibility
Integrity

5. Generation Gap Values

6. Is everyone on the same page?
• Age
• Morals
• Work Principles

7. The value chain
Hiring = risk & reward
Do you consider the
generational differences?

8. Millennials and Born Frees

9. Baby boomers
• Born 1946 -1964,
• Largest part of the
workplace
• Results-driven
• Work long hours
• Quality work
• Believe seniority =
respect

10. Baby boomers
• Place company before
individual
• Suspicious of new ideas
• Believe traditional values
are disintegrating. This
could cause internal
conflict.

11. Baby boomers Values
• “Real” people
• Personal Freedom
• Patriotism
• Integrity
• Justice for All
• Optimism
• Savvy

12. Baby boomers
• Acknowledge hard work
• Acknowledge
contribution.
• Prestige is important to
this group.

13. Generation X
• Born 1965 -1980
• Strive for balance
• Believes in working
smart, not hard.
• Needing structure and
direction
• Test authority.
• Diverse and adaptable
• Do not fear change but
may be slow to embrace
it.

14. Generation X
• Lack of organisational
loyalty, could present as
slackness or
demotivation.
• High levels of education -
if they decide to devise a
scheme, they’ll know the
best way to hide it from
you.

15. Generation X
• Don’t expect blind loyalty
• Ensure on-going training
• Advancement needs to
be a HR priority.

16. Generation X Values
• Relationships
• Fun
• Experience
• Freedom
• Family

17. Generation Y (Millenials)
• Born 1981 -2000
• Most individualistic &
ambitious generation.
• Tech-savvy
• Entrepreneurial flair
• May view work as a way to
fill in time before the next
weekend.

18. Generation Y (Millenials)
• Don’t want to be in one job
forever - by 2020 40% of
global workforce will be
contractors
• Switch jobs 6.3 times between
18 & 25
• 10% consider current job part
of their career
• Need a flexible & mobile work
environment

19. Generation Y Values
• Family & Relationships
• Genuine matters –
nothing phony
• Optimistic
• Embrace change
• Advocates for the
environment & social
justice
• Teamwork & balance
• Spiritual

20. Generation Y (Millenials)
• Understand the mind-set
of a generation
• Understand expectations
of employees.
• Understand what risks
different generations pose
Manage these risks
effectively.