Call us 1300 651 415

The XYZ generational guide for employers

Culture, DiscriminationNovember 24, 2015

The XYZ generational guide for employers (Last Updated On: November 24, 2015)

Getting generation diversity right can result in a workplace that thrives on experience and innovation, leading to a productive team. Many companies, however have over 50 years age difference between the oldest and youngest employee. With a broad range of perspectives, values, needs and working styles it can be a challenge to accommodate all meaning you may experience negative team cohesion.

How is an employer to ensure that the team works well together and uses the best traits of each generation? The answer is to try to understand each generation and their associated needs and desires. Do not focus on stereotypes or conflicting ideas, embrace diversity.

Baby Boomers, Generation X and Generation Y are the generations making up the current workforce. Baby Boomers account for 35% of the workforce and even though they are nearing retirement they are focused on working well into their 60’s. They can be expensive, hesitant to learn new skills and are not up to date with technology, yet are hardworking committed and career focused. These traits result in many Generation X and Generation Y’s believing they are workaholics.

As a result of being birthed by Baby Boomers, Generation X are very independent. Also known as ‘latch-key’ kids, they were left at home unsupervised when their parents were at work. As a result they are resourceful and have an adaptable approach to work.

Generation Y are all about working to live instead of living to work, and will make up half the workforce by 2020. Most enjoy their job but only when the culture is right. Their motivations lay not in how much they earn, but in the mission and values of the business and whether or not they are modelled by its leaders.

How do you motivate millennials and baby boomers collaboratively?

According to some experts, by focusing on long term growth demands and cultural change there is more reason to work collaboratively. Working well together happens when you understand yourself and know where you belong no matter what age you are. Business owners should be inclusive of all, be fair and be aware of the traits of each generation.

If you are a business owner and you are having trouble with employees due to generational diversity, Employsure can support you. Call us today on 1300 651 415. Employsure can provide support in mediation and policy development, resulting in empowered employees.

Related Posts