SlideShare a Scribd company logo
Managing Between the Generations
From Baby Boomers to the Y Gen, retain and attract your diverse talent pool!
October 30, 2008
•Provides staffing solutions and
professional recruitment services
•Founded in 1981, we have a 27 year
history as a dynamic woman-owned
& operated business
•Our firm has been headquartered
and focused on Rochester. We also
service Syracuse and Buffalo.
•Our company has grown more
than 600% since 2001.
The Employment Store – Who Are We?
• Our team employs a proprietary
recruitment process in every
search we conduct
• Our recruitment methodology is
disciplined, consistent and
complete
• This is our proprietary “5 Point
Plan”
The Employment Store – Who Are We?
The Employment Store – Who Are We?
Some of our notable clients include:
•The University of Rochester
•Strong Memorial & Highland
Hospitals
•Rochester Institute of Technology
•Paychex
•Wegmans
•VWR International
•UCB Pharma
•Inscitek Microsystems
•Tyco Healthcare
•1000+ other small to mid sized
clients
Our clients range from Fortune 100 firms to
local companies with just a few employees.
Demographic Shift & Labor
Shortage
Within 10 Years
-5.2%
16.5%
3.3%
-20.0%
10.1%
33.6%
18.3%
0.1%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
Projected Change in Population 2000-2010
15-19 20-24 25-34 35-44 45-54 55-64 65-74 75+
How will it affect Rochester?
Demographic Shift & Labor Shortage Within 10 Years
• Starting in 2011 the Baby Boom Generation will begin to hit
retirement age
• Just 7 years later (2018) GenY will account for more than 50%
of the workforce
• Companies will scramble to learn to communicate and attract
GenY workers… we expect this period to be very competitive
• By 2025 the concept of entry level, middle management and
senior management will virtually disappear
Demographic Shift Conclusions
• There are many unknowns in
the future
• Current economic changes as
well as questionable solvency in
the social security system could
change the “traditional”
retirement age
• Could we defy the demographic
trends?
Demographic Shift Conclusions
Some Initial Thoughts
•Recruiting is like fishing; you
need to use the right bait
•Acknowledge that you need a
diverse workforce
•Understand that competition for
talent will increase steadily in the
coming years
Recruiting & Retaining Boomers, GenX and GenY
•Recruiting in the next 10 years
will become increasing difficult
•Out of the box ideas need to be
investigated
•Blogs
•Social/Professional
Networking
•New Technologies
•Already, traditional job boards
are becoming overused therefore
loosing their affect
Recruiting & Retaining Boomers, GenX and GenY
Recruiting & Retaining Boomers, GenX and GenY
• Interactive career page
• Non-linear job postings
• Creative succession plans
• Benefits
• Work/life balance
• Working off-site
• Team building
• Training
• Promote your companies
“Brand” and “Mission
Statement”
Recruiting & Retaining Boomers, GenX and GenY
• Remember that job search
methods and tools vary greatly
between generations
• It is important not to be
exclusionary in your recruiting
methods and tools
• In a tight labor market, your
candidate pool should become
an asset not a burden
• Recognize that resume
expectations will be adjusted
• Interview standards will
change
• Expectations of dress and
other traditional standards will
be different
Recruiting & Retaining Boomers, GenX and GenY
Recruiting & Retaining Boomers, GenX and GenY
• Retention will be key to your
success
• Companies will need to “grow”
their own middle management
class
• Generations are recruited with,
but not always retained with,
money alone
• Think out of the box
Recruiting & Retaining Boomers, GenX and GenY
Characteristics: GenY
• Driven and college-educated
• Strong desire to succeed &
make and impact
• Need to be mobile not at a desk
• Motivated by recognition &
constant feedback
• Expected career path within 18-
32 months rather than 3-5
years
Recruiting & Retaining Boomers, GenX and GenY
Characteristics: Boomers & GenX
• High level of knowledge &
intellectual property
• Motivated by ownership
• Loyal & driven by company success
• Low tolerance/understanding of
desired mobility & recognition of
GenY
• Flexible schedules
Opportunities and Challenges
• Recognize the problems we face as a
nation and specifically as a
community
• Embrace returning post-retirement
workforce
• Be creative and strategic in designing
recruitment & retention solutions
• Open our minds to new expectations

More Related Content

What's hot

Can We Teach Entrepreneurship?
Can We Teach Entrepreneurship?Can We Teach Entrepreneurship?
Can We Teach Entrepreneurship?
Emad Saif
 
Youth enterpreneurship
Youth enterpreneurshipYouth enterpreneurship
Youth enterpreneurship
LabithianakisEmmanouel MagiorouOlga
 
[Tigers@Mekong] Problem Solving, Team Building, and Innovation Strategy
[Tigers@Mekong] Problem Solving, Team Building, and Innovation Strategy[Tigers@Mekong] Problem Solving, Team Building, and Innovation Strategy
[Tigers@Mekong] Problem Solving, Team Building, and Innovation StrategyTri Dung, Tran
 
Venture capitalism
Venture capitalismVenture capitalism
Venture capitalismpdillon25
 
Teaching Entrepreneurs through Experiential Learning
Teaching Entrepreneurs through Experiential LearningTeaching Entrepreneurs through Experiential Learning
Teaching Entrepreneurs through Experiential Learning
Tecnológico de Monterrey
 
Open 2013: High Technology Entrepreneurship
Open 2013:  High Technology EntrepreneurshipOpen 2013:  High Technology Entrepreneurship
Open 2013: High Technology Entrepreneurshipthe nciia
 
A Presentation on YOUTH ENTREPRENEURSHIP
A Presentation on YOUTH ENTREPRENEURSHIP A Presentation on YOUTH ENTREPRENEURSHIP
A Presentation on YOUTH ENTREPRENEURSHIP
Gns Patnaik
 
Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)
Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)
Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)Afzaal Ali
 
Later stage advice
Later stage adviceLater stage advice
Later stage advice
Fabien Grenet
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
manel jarrar
 
Pune TiECON -- Second Orbit Presentation
Pune TiECON -- Second Orbit PresentationPune TiECON -- Second Orbit Presentation
Pune TiECON -- Second Orbit Presentation
Anand Deshpande
 
Second Orbit - Action COACH Business Redefined Summit
Second Orbit  - Action COACH Business Redefined SummitSecond Orbit  - Action COACH Business Redefined Summit
Second Orbit - Action COACH Business Redefined Summit
Anand Deshpande
 
College Interns: A Wise Workforce Alternative...Especially During Troubling E...
College Interns: A Wise Workforce Alternative...Especially During Troubling E...College Interns: A Wise Workforce Alternative...Especially During Troubling E...
College Interns: A Wise Workforce Alternative...Especially During Troubling E...
nickpwood
 
Evaluating startups : An Employee Perspective
Evaluating startups : An Employee PerspectiveEvaluating startups : An Employee Perspective
Evaluating startups : An Employee Perspectiveversesane
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
Jeet Manojit
 
Establishing MNC Operations in India
Establishing MNC Operations in IndiaEstablishing MNC Operations in India
Establishing MNC Operations in India
Pushpendra Singh
 
Startup Turkey 2016 - Yousef Hamidaddin
Startup Turkey 2016 - Yousef HamidaddinStartup Turkey 2016 - Yousef Hamidaddin
Startup Turkey 2016 - Yousef Hamidaddin
Startup Turkey
 
You are the CEO. What's next?
You are the CEO.  What's next?You are the CEO.  What's next?
You are the CEO. What's next?
Anand Deshpande
 
5 Secrets of Winning Start-ups
5 Secrets of Winning Start-ups5 Secrets of Winning Start-ups
5 Secrets of Winning Start-ups
G. Li & Company Ltd.
 

What's hot (20)

Can We Teach Entrepreneurship?
Can We Teach Entrepreneurship?Can We Teach Entrepreneurship?
Can We Teach Entrepreneurship?
 
Youth enterpreneurship
Youth enterpreneurshipYouth enterpreneurship
Youth enterpreneurship
 
[Tigers@Mekong] Problem Solving, Team Building, and Innovation Strategy
[Tigers@Mekong] Problem Solving, Team Building, and Innovation Strategy[Tigers@Mekong] Problem Solving, Team Building, and Innovation Strategy
[Tigers@Mekong] Problem Solving, Team Building, and Innovation Strategy
 
Venture capitalism
Venture capitalismVenture capitalism
Venture capitalism
 
Teaching Entrepreneurs through Experiential Learning
Teaching Entrepreneurs through Experiential LearningTeaching Entrepreneurs through Experiential Learning
Teaching Entrepreneurs through Experiential Learning
 
Open 2013: High Technology Entrepreneurship
Open 2013:  High Technology EntrepreneurshipOpen 2013:  High Technology Entrepreneurship
Open 2013: High Technology Entrepreneurship
 
A Presentation on YOUTH ENTREPRENEURSHIP
A Presentation on YOUTH ENTREPRENEURSHIP A Presentation on YOUTH ENTREPRENEURSHIP
A Presentation on YOUTH ENTREPRENEURSHIP
 
Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)
Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)
Chapter 1 the foundation of entrepreneurship (lecture 1 & 2)
 
Later stage advice
Later stage adviceLater stage advice
Later stage advice
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
Pune TiECON -- Second Orbit Presentation
Pune TiECON -- Second Orbit PresentationPune TiECON -- Second Orbit Presentation
Pune TiECON -- Second Orbit Presentation
 
Second Orbit - Action COACH Business Redefined Summit
Second Orbit  - Action COACH Business Redefined SummitSecond Orbit  - Action COACH Business Redefined Summit
Second Orbit - Action COACH Business Redefined Summit
 
College Interns: A Wise Workforce Alternative...Especially During Troubling E...
College Interns: A Wise Workforce Alternative...Especially During Troubling E...College Interns: A Wise Workforce Alternative...Especially During Troubling E...
College Interns: A Wise Workforce Alternative...Especially During Troubling E...
 
Evaluating startups : An Employee Perspective
Evaluating startups : An Employee PerspectiveEvaluating startups : An Employee Perspective
Evaluating startups : An Employee Perspective
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
Establishing MNC Operations in India
Establishing MNC Operations in IndiaEstablishing MNC Operations in India
Establishing MNC Operations in India
 
Startup Turkey 2016 - Yousef Hamidaddin
Startup Turkey 2016 - Yousef HamidaddinStartup Turkey 2016 - Yousef Hamidaddin
Startup Turkey 2016 - Yousef Hamidaddin
 
Iact july 2013
Iact july 2013Iact july 2013
Iact july 2013
 
You are the CEO. What's next?
You are the CEO.  What's next?You are the CEO.  What's next?
You are the CEO. What's next?
 
5 Secrets of Winning Start-ups
5 Secrets of Winning Start-ups5 Secrets of Winning Start-ups
5 Secrets of Winning Start-ups
 

Viewers also liked

Aa3tangencias
Aa3tangenciasAa3tangencias
Aa3tangencias
Beto Hd
 
Primeras imagenes del volcan submarino
Primeras imagenes del volcan submarinoPrimeras imagenes del volcan submarino
Primeras imagenes del volcan submarino
QSTAR OCEANOGRAFIA
 
Institucional Presentation - March/16
Institucional Presentation - March/16Institucional Presentation - March/16
Institucional Presentation - March/16
Localiza
 
療法士がフリーランスとしてメリット・デメリット
療法士がフリーランスとしてメリット・デメリット療法士がフリーランスとしてメリット・デメリット
療法士がフリーランスとしてメリット・デメリット
大輔 中野
 
Unidad 8 – tema 2 – actividad paraboloide hiperbolico
Unidad 8 – tema 2 – actividad paraboloide hiperbolicoUnidad 8 – tema 2 – actividad paraboloide hiperbolico
Unidad 8 – tema 2 – actividad paraboloide hiperbolico
Carmen Mejía
 
Interchange Patch Manager
Interchange Patch ManagerInterchange Patch Manager
Interchange Patch ManagerCarson Platero
 
El conocimiento y la ciencia
El conocimiento y la ciencia El conocimiento y la ciencia
El conocimiento y la ciencia
Alberto Landy Rosales
 
Paisaje Agrario Subtropical
Paisaje Agrario SubtropicalPaisaje Agrario Subtropical
Paisaje Agrario Subtropical
Maximiliano Concheso
 
8 Most Potential Cities Foreigners Can Invest in Indonesia: Other Than Jakart...
8 Most Potential Cities Foreigners Can Invest in Indonesia: Other Than Jakart...8 Most Potential Cities Foreigners Can Invest in Indonesia: Other Than Jakart...
8 Most Potential Cities Foreigners Can Invest in Indonesia: Other Than Jakart...
PT Cekindo Bisnis Grup
 

Viewers also liked (12)

Yerel Tv 3 Donem
Yerel Tv 3 DonemYerel Tv 3 Donem
Yerel Tv 3 Donem
 
Aa3tangencias
Aa3tangenciasAa3tangencias
Aa3tangencias
 
Stop Loss 101
Stop Loss 101Stop Loss 101
Stop Loss 101
 
Primeras imagenes del volcan submarino
Primeras imagenes del volcan submarinoPrimeras imagenes del volcan submarino
Primeras imagenes del volcan submarino
 
BWP-LG-Webinar
BWP-LG-WebinarBWP-LG-Webinar
BWP-LG-Webinar
 
Institucional Presentation - March/16
Institucional Presentation - March/16Institucional Presentation - March/16
Institucional Presentation - March/16
 
療法士がフリーランスとしてメリット・デメリット
療法士がフリーランスとしてメリット・デメリット療法士がフリーランスとしてメリット・デメリット
療法士がフリーランスとしてメリット・デメリット
 
Unidad 8 – tema 2 – actividad paraboloide hiperbolico
Unidad 8 – tema 2 – actividad paraboloide hiperbolicoUnidad 8 – tema 2 – actividad paraboloide hiperbolico
Unidad 8 – tema 2 – actividad paraboloide hiperbolico
 
Interchange Patch Manager
Interchange Patch ManagerInterchange Patch Manager
Interchange Patch Manager
 
El conocimiento y la ciencia
El conocimiento y la ciencia El conocimiento y la ciencia
El conocimiento y la ciencia
 
Paisaje Agrario Subtropical
Paisaje Agrario SubtropicalPaisaje Agrario Subtropical
Paisaje Agrario Subtropical
 
8 Most Potential Cities Foreigners Can Invest in Indonesia: Other Than Jakart...
8 Most Potential Cities Foreigners Can Invest in Indonesia: Other Than Jakart...8 Most Potential Cities Foreigners Can Invest in Indonesia: Other Than Jakart...
8 Most Potential Cities Foreigners Can Invest in Indonesia: Other Than Jakart...
 

Similar to Managing Between The Generations

How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?
Ana Ber
 
Age and generations at work
Age and generations at workAge and generations at work
Age and generations at work
Tanya Kennedy
 
Age diverse work groups are more productive!
Age diverse work groups are more productive!Age diverse work groups are more productive!
Age diverse work groups are more productive!
Joe Slade
 
IBM_Talent_Retention_Waran_0815_Publish.pdf
IBM_Talent_Retention_Waran_0815_Publish.pdfIBM_Talent_Retention_Waran_0815_Publish.pdf
IBM_Talent_Retention_Waran_0815_Publish.pdf
WaranGovindarajah
 
How to Fortify a Diverse Workforce to Battle the Great Resignation
How to Fortify a Diverse Workforce to Battle the Great ResignationHow to Fortify a Diverse Workforce to Battle the Great Resignation
How to Fortify a Diverse Workforce to Battle the Great Resignation
MiloudtvShope
 
How to Fortify a Diverse Workforce to Battle the Great Resignation
How to Fortify a Diverse Workforce to Battle the Great ResignationHow to Fortify a Diverse Workforce to Battle the Great Resignation
How to Fortify a Diverse Workforce to Battle the Great Resignation
Aggregage
 
Multi generational engagement angela wilke
Multi generational engagement angela wilkeMulti generational engagement angela wilke
Multi generational engagement angela wilke
Sukhia Tuimaleali'ifano Go
 
ABC Presents: Recruiting and Retaining Top Talent
ABC Presents: Recruiting and Retaining Top TalentABC Presents: Recruiting and Retaining Top Talent
ABC Presents: Recruiting and Retaining Top Talent
Skoda Minotti
 
Anatomy of a Perfect Hourly Employee
Anatomy of a Perfect Hourly EmployeeAnatomy of a Perfect Hourly Employee
Anatomy of a Perfect Hourly Employee
Future Insights
 
Ind Met Company Talent Management Dilemma.pptx
Ind Met Company Talent Management Dilemma.pptxInd Met Company Talent Management Dilemma.pptx
Ind Met Company Talent Management Dilemma.pptx
DikshaSingh398196
 
Supporters Network Event February 2020
Supporters Network Event February 2020Supporters Network Event February 2020
Supporters Network Event February 2020
georgiacarly
 
Attracting and Retaining Millennials
Attracting and Retaining MillennialsAttracting and Retaining Millennials
Attracting and Retaining Millennials
Tim Finnigan
 
Redefining Employmment
Redefining EmploymmentRedefining Employmment
Redefining Employmment
Matt Berndt
 
PwC FINAL Fall 2015 Presentation
PwC FINAL Fall 2015 PresentationPwC FINAL Fall 2015 Presentation
PwC FINAL Fall 2015 PresentationLouis Liu
 
CTA - 2015 Talent Trends Recap - preview
CTA - 2015 Talent Trends Recap - previewCTA - 2015 Talent Trends Recap - preview
CTA - 2015 Talent Trends Recap - previewJoan Graci
 
Innovating HR towards the 2020 workplace
Innovating HR towards the 2020 workplaceInnovating HR towards the 2020 workplace
Innovating HR towards the 2020 workplace
SABPP
 
Alex Holly - Multigenerational Workforce
Alex Holly - Multigenerational WorkforceAlex Holly - Multigenerational Workforce
Alex Holly - Multigenerational Workforce
PPMA - Public Sector People Managers' Association
 
Candidates in Drivers Seat Recruiting Trends Oct 28 Final
Candidates in Drivers Seat Recruiting Trends Oct 28 FinalCandidates in Drivers Seat Recruiting Trends Oct 28 Final
Candidates in Drivers Seat Recruiting Trends Oct 28 FinalSteve Lowisz
 
Attracting and retaining top talent
Attracting and retaining top talent Attracting and retaining top talent
Attracting and retaining top talent
Intuit Inc.
 

Similar to Managing Between The Generations (20)

How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?How to find employees in Romania and What motivates them?
How to find employees in Romania and What motivates them?
 
Age and generations at work
Age and generations at workAge and generations at work
Age and generations at work
 
Age diverse work groups are more productive!
Age diverse work groups are more productive!Age diverse work groups are more productive!
Age diverse work groups are more productive!
 
IBM_Talent_Retention_Waran_0815_Publish.pdf
IBM_Talent_Retention_Waran_0815_Publish.pdfIBM_Talent_Retention_Waran_0815_Publish.pdf
IBM_Talent_Retention_Waran_0815_Publish.pdf
 
How to Fortify a Diverse Workforce to Battle the Great Resignation
How to Fortify a Diverse Workforce to Battle the Great ResignationHow to Fortify a Diverse Workforce to Battle the Great Resignation
How to Fortify a Diverse Workforce to Battle the Great Resignation
 
How to Fortify a Diverse Workforce to Battle the Great Resignation
How to Fortify a Diverse Workforce to Battle the Great ResignationHow to Fortify a Diverse Workforce to Battle the Great Resignation
How to Fortify a Diverse Workforce to Battle the Great Resignation
 
Multi generational engagement angela wilke
Multi generational engagement angela wilkeMulti generational engagement angela wilke
Multi generational engagement angela wilke
 
2020 - The Emerging Guide Dog Workforce
2020 - The Emerging Guide Dog Workforce2020 - The Emerging Guide Dog Workforce
2020 - The Emerging Guide Dog Workforce
 
ABC Presents: Recruiting and Retaining Top Talent
ABC Presents: Recruiting and Retaining Top TalentABC Presents: Recruiting and Retaining Top Talent
ABC Presents: Recruiting and Retaining Top Talent
 
Anatomy of a Perfect Hourly Employee
Anatomy of a Perfect Hourly EmployeeAnatomy of a Perfect Hourly Employee
Anatomy of a Perfect Hourly Employee
 
Ind Met Company Talent Management Dilemma.pptx
Ind Met Company Talent Management Dilemma.pptxInd Met Company Talent Management Dilemma.pptx
Ind Met Company Talent Management Dilemma.pptx
 
Supporters Network Event February 2020
Supporters Network Event February 2020Supporters Network Event February 2020
Supporters Network Event February 2020
 
Attracting and Retaining Millennials
Attracting and Retaining MillennialsAttracting and Retaining Millennials
Attracting and Retaining Millennials
 
Redefining Employmment
Redefining EmploymmentRedefining Employmment
Redefining Employmment
 
PwC FINAL Fall 2015 Presentation
PwC FINAL Fall 2015 PresentationPwC FINAL Fall 2015 Presentation
PwC FINAL Fall 2015 Presentation
 
CTA - 2015 Talent Trends Recap - preview
CTA - 2015 Talent Trends Recap - previewCTA - 2015 Talent Trends Recap - preview
CTA - 2015 Talent Trends Recap - preview
 
Innovating HR towards the 2020 workplace
Innovating HR towards the 2020 workplaceInnovating HR towards the 2020 workplace
Innovating HR towards the 2020 workplace
 
Alex Holly - Multigenerational Workforce
Alex Holly - Multigenerational WorkforceAlex Holly - Multigenerational Workforce
Alex Holly - Multigenerational Workforce
 
Candidates in Drivers Seat Recruiting Trends Oct 28 Final
Candidates in Drivers Seat Recruiting Trends Oct 28 FinalCandidates in Drivers Seat Recruiting Trends Oct 28 Final
Candidates in Drivers Seat Recruiting Trends Oct 28 Final
 
Attracting and retaining top talent
Attracting and retaining top talent Attracting and retaining top talent
Attracting and retaining top talent
 

Recently uploaded

Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
sarahvanessa51503
 
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).pptENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
zechu97
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
Lviv Startup Club
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
marketingjdass
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
Lital Barkan
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
seoforlegalpillers
 

Recently uploaded (20)

Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
 
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).pptENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...Kseniya Leshchenko: Shared development support service model as the way to ma...
Kseniya Leshchenko: Shared development support service model as the way to ma...
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Skye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto AirportSkye Residences | Extended Stay Residences Near Toronto Airport
Skye Residences | Extended Stay Residences Near Toronto Airport
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
 

Managing Between The Generations

  • 1. Managing Between the Generations From Baby Boomers to the Y Gen, retain and attract your diverse talent pool! October 30, 2008
  • 2. •Provides staffing solutions and professional recruitment services •Founded in 1981, we have a 27 year history as a dynamic woman-owned & operated business •Our firm has been headquartered and focused on Rochester. We also service Syracuse and Buffalo. •Our company has grown more than 600% since 2001. The Employment Store – Who Are We?
  • 3. • Our team employs a proprietary recruitment process in every search we conduct • Our recruitment methodology is disciplined, consistent and complete • This is our proprietary “5 Point Plan” The Employment Store – Who Are We?
  • 4. The Employment Store – Who Are We? Some of our notable clients include: •The University of Rochester •Strong Memorial & Highland Hospitals •Rochester Institute of Technology •Paychex •Wegmans •VWR International •UCB Pharma •Inscitek Microsystems •Tyco Healthcare •1000+ other small to mid sized clients Our clients range from Fortune 100 firms to local companies with just a few employees.
  • 5. Demographic Shift & Labor Shortage Within 10 Years
  • 6.
  • 7. -5.2% 16.5% 3.3% -20.0% 10.1% 33.6% 18.3% 0.1% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% Projected Change in Population 2000-2010 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75+ How will it affect Rochester? Demographic Shift & Labor Shortage Within 10 Years
  • 8. • Starting in 2011 the Baby Boom Generation will begin to hit retirement age • Just 7 years later (2018) GenY will account for more than 50% of the workforce • Companies will scramble to learn to communicate and attract GenY workers… we expect this period to be very competitive • By 2025 the concept of entry level, middle management and senior management will virtually disappear Demographic Shift Conclusions
  • 9. • There are many unknowns in the future • Current economic changes as well as questionable solvency in the social security system could change the “traditional” retirement age • Could we defy the demographic trends? Demographic Shift Conclusions
  • 10. Some Initial Thoughts •Recruiting is like fishing; you need to use the right bait •Acknowledge that you need a diverse workforce •Understand that competition for talent will increase steadily in the coming years Recruiting & Retaining Boomers, GenX and GenY
  • 11. •Recruiting in the next 10 years will become increasing difficult •Out of the box ideas need to be investigated •Blogs •Social/Professional Networking •New Technologies •Already, traditional job boards are becoming overused therefore loosing their affect Recruiting & Retaining Boomers, GenX and GenY
  • 12. Recruiting & Retaining Boomers, GenX and GenY • Interactive career page • Non-linear job postings • Creative succession plans • Benefits • Work/life balance • Working off-site • Team building • Training • Promote your companies “Brand” and “Mission Statement”
  • 13. Recruiting & Retaining Boomers, GenX and GenY • Remember that job search methods and tools vary greatly between generations • It is important not to be exclusionary in your recruiting methods and tools • In a tight labor market, your candidate pool should become an asset not a burden
  • 14. • Recognize that resume expectations will be adjusted • Interview standards will change • Expectations of dress and other traditional standards will be different Recruiting & Retaining Boomers, GenX and GenY
  • 15. Recruiting & Retaining Boomers, GenX and GenY • Retention will be key to your success • Companies will need to “grow” their own middle management class • Generations are recruited with, but not always retained with, money alone • Think out of the box
  • 16. Recruiting & Retaining Boomers, GenX and GenY Characteristics: GenY • Driven and college-educated • Strong desire to succeed & make and impact • Need to be mobile not at a desk • Motivated by recognition & constant feedback • Expected career path within 18- 32 months rather than 3-5 years
  • 17. Recruiting & Retaining Boomers, GenX and GenY Characteristics: Boomers & GenX • High level of knowledge & intellectual property • Motivated by ownership • Loyal & driven by company success • Low tolerance/understanding of desired mobility & recognition of GenY • Flexible schedules
  • 18. Opportunities and Challenges • Recognize the problems we face as a nation and specifically as a community • Embrace returning post-retirement workforce • Be creative and strategic in designing recruitment & retention solutions • Open our minds to new expectations