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"I see no hope for the future of our people if they are dependent on frivolous youth of today, for certainly all youth are reckless beyond words... When I was
young, we were taught to be discreet and respectful of elders, but the present youth are exceedingly wise
[disrespectful] and impatient of restraint.“- Hesiod, 8th century BC
The more things change…
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"The world is passing through troublous times. The young people of today think of nothing but themselves. They
have no reverence for parents or old age. They are impatient of all restraint. They talk as if they knew everything, and what passes for wisdom with us is
foolishness with them. As for the girls, they are forward, immodest and unladylike in speech, behavior and dress.“
- Peter the Hermit in A.D. 1274
…the more they stay the same.
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Source: http://www.pewresearch.org/fact-tank/2018/04/11/millennials-largest-generation-us-labor-force/
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TraditionalistsThe Silent Generation
1900-1945
Core Values Work ethic Communication styles
Feedback Stereotypes
Respect for authorityConformityDutifulCustom
DisciplineHard workLoyalty
WrittenFormal
No news is good news.Take pride in a job well done.
Old-fashionedPracticalRule followers
Source: https://www.mindtools.com/pages/article/multigenerational-workplace.htm
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Baby Boomers1946-1964
Core Values Work ethic Communication styles
Feedback Stereotypes
OptimismToleranceWorkaholismStimulation
Questions authoritySelf-centeredCrusading causes
One-on-oneTelephone
Not keen on feedback
AmbitiousOptimisticWealthy
Source: https://www.mindtools.com/pages/article/multigenerational-workplace.htm
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Generation X1965-1980
Core Values Work ethic Communication styles
Feedback Stereotypes
StimulationSelf-relianceInformalitySkepticism
Task-orientedSelf-reliantWork-life balance
DirectEmailText messaging
Direct – “How am I doing?”
SelfishRisk takersCynical
Source: https://www.mindtools.com/pages/article/multigenerational-workplace.htm
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Generation YMillennials1981-2000
Core Values Work ethic Communication styles
Feedback Stereotypes
RealismSelf-directionGoal-focusedPurpose
Multitasking“What’s next?”Eagerness
Text messagingSocial media
Require lotsInstantaneous
Job hoppersTech-dependentWork to live
Source: https://www.mindtools.com/pages/article/multigenerational-workplace.htm
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Generation Z1995-2015
Core Values Work ethic Communication styles
Feedback Stereotypes
UniquenessAuthenticityCreativityShareability
FlexibilitySelf-reliantPersonalfreedom
Digital nativesHand-held devices
Bite-sizedImmediateReal-time
Constantly connectedDistractedApatheticMultitaskers
Source: https://www.mindtools.com/pages/article/multigenerational-workplace.htm
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Traditionalists1900-1945
Baby Boomers1946-1964
Gen X1965-1976
Gen Y1977-1995
Gen ZAfter 1995
Company loyalty Live to work Work to live Work my way Living and working their way
Same company for entire career
Putting in time at the office;Women joined the workforce
Work should not define life;Dual earner households the norm
Devoted to their own careers, not companies; desire meaningful work
Desire change,stimulation, learning and promotion; reject traditional hierarchies
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Microgeneration
XennialsBirth years 1977 to 1985 AKA: The bridge between the analog
childhood and a digital adulthood
Played outdoors and couldn’t text their friends; didn’t have the stress of being constantly photographed, filmed or location tracked
Possess both Gen X cynicism and Millennial optimism and drive
Watched “ER” long before other generations were watching “Grey’s Anatomy”
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The Sandwich Generation
Middle-Aged Adults “Sandwiched” Between Aging Parents and Kids
44% of people aged 44-55 have at least one parent living and at least one child under the age of 21
66% of all senior caregivers are women
21% Hispanic; 8% African-American; 5% White Americans serving as sandwich caregivers
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Older people have forgotten
what it is like to be young.
-Anton Fishman
Young people don’t know
what it is like to be old.
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Top 5 Drivers of Engagement
I feel I am valued in this organization
I like the type of work that I do
Most days, I feel I have made progress
at work
I have confidence in the leadership of
this organization
This organization treats me like a
person, not a number
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What do the most talented employees need
from their workplace?
Talented employees may join a company because of
its charismatic leaders, its generous benefits, and its world-
class training programs, but how long that employee
stays and how productive he is while he is there is
determined by relationships.
- Marcus Buckingham & Curt Coffman
Motivates Millennials Existing engagement measures
Sense of belonging At work, my opinions seem to count.I have a close friend at work who I trust.
In the last seven days, I have received recognition or praise for doing good work.
Interesting challenging work that pushes them to grow
There is someone at work who encourages my development.This last year, I have had opportunities at work to learn and grow.
In the last six months, someone at work has talked to me about my progress.At work, I have the opportunity to do what I do best every day.
A boss and co-workers they like
My supervisor, or someone at work, seems to care about me as a person.
A mission or purpose they believe in or want to support
The mission or purpose of my company makes me feel my job is important.My associates or feel employees are committed to doing quality work.
Compensation and benefits
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7th
annual study
First time for
Gen Z
Diversity &
flexibility
Business motivation and ethics
Lack of preparedness for Industry
4.0
Deloitte Millennial Survey*
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* and Gen Z, too!
Best Millennial Employers
I have a good understanding of how this organization is doing fiscally
There is room for me to advance in this
organization
Changes that may affect me are communicated to
me prior to implementation
Staffing levels are adequate to provide
quality products/services
The Center for Generational Kinetics,
2015
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Best Millennial Employers (part 2)
I feel I am valued in this organization
I trust that if I do good work, I will be considered
for a promotion
My pay is fair for the work I perform
I feel I can express my honest opinions without
fear of negative consequences
The Center for Generational Kinetics,
2015
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60%: sense of
purpose is important
Brand your company & specific positions
43%: apply on a tablet
39%: apply on a
smartphone
Bring your company’s mission & purpose to life
Recruiting Millennials
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54%: expect to work for between
two to five employers
Wide age range of 19 to 37 yo.
6.2: average jobs
held between 18-
26 yo.
Life stage of Millennials:
sampling
Retaining Millennials
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15-150%: turnover
rate
Compare to industry peers
Driven by?
Determine six-month period of increased turnover
Retaining Millennials
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42%: Want
feedback every week
45%: Would quit if
they don’t see a career
path
Retaining Millennials
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Actions
Provide specific, visual examples of the performance you expect
Provide a chance to prove themselves
through stretch projects
Make the first day unforgettable
Safe space to learn from and interact with leaders of all ages, experiences,
titles
Show that you have a vision for their talent
development
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Manager as coach
Reject hierarchy and authority
Regular check-ins & feedback
Clear expectations & expected results
Parental involvement & management
Realistic career path
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Make a difference
Make the world a better place and contribute to the efforts
Socially conscious missions/impact on
the environment
Clear communication about their role
Organization’s mission & impact
Transparent leadership
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Compensation
64% of Millennials would rather earn $40k/year in a job they love (over
$100,000k/year in an unfulfilling job)
Pension and social security seem
unlikely
Financial independence in
retirement
Average college debt = $20k
Offer immediate 401(k) eligibility
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Flexible work environment
74% want flexible work schedules88% want work-life integration
Flexible work locations Smart Casual attire
Flexible work schedule
Personal relationships, community
engagement, travel
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Development
“Millennials have a thirst for building their capacity, aspire to grow in their career”
Combine love of technology with
e-learning
Want to make a difference right
away
Tuition reimbursement
programs
Alumni networks for former employees
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Is this a winning organization I can
be proud of?
Can I maximize my performance
on the job?
Are people treated well
economically and interpersonally?
Is the work itself fulfilling and enjoyable?
Key Questions
Join? Give my best? Stay?
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Next Steps
• Are you needing better employee production?• Are you struggling to know how to lead others?• Are there communication breakdowns across generations?• Are you needing to know how to retain staff?• Are you wondering how to train staff for leadership?• Are you experiencing a morale challenge with members of your team?• Are you looking to design a program or service for a specific generation?• Are you wanting to know how others like to learn?
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Resources
Brack, J. & Kelly, K., Maximizing Millennials in the Workplace, 2012https://www.kenan-flagler.unc.edu/executive-development/custom-programs/~/media/DF1C11C056874DDA8097271A1ED48662.ashx
Fromm, J., Millennials In The Workplace: They Don’t Need Trophies But They Want Reinforcement, published Nov 6, 2015https://www.forbes.com/sites/jefffromm/2015/11/06/millennials-in-the-workplace-they-dont-need-trophies-but-they-want-reinforcement/#6243081653f6
Jenkins, R., How to Attract and Retain Millennials With the Right Dress Code, published Feb 21, 2017https://www.inc.com/ryan-jenkins/how-to-attract-and-retain-millennials-with-the-right-dress-code.html
Pfau, B., What Do Millennials Really Want at Work? The Same Things the Rest of Us Do, published Apr 7, 2016https://hbr.org/2016/04/what-do-millennials-really-want-at-work
Reynolds Lewis, K., Everything you need to know about your Millennial co-works, published Jun 23, 2015http://fortune.com/2015/06/23/know-your-millennial-co-workers/
Smalls, M., Five Keys to Managing & Motivating Millennials, 2014http://inspire.hoopla.net/rs/hoopla/images/Motivating%20Millennials%20eBook.pdf?aliId=6146072
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Resources
Huffington Post collection of articles on Millennials in the Workplacehttp://www.huffingtonpost.com/news/millennials-in-the-workplace/
How to Lead Someone Older Than Youhttps://growingleaders.com/blog/how-to-lead-someone-older-than-you/
Simon Sinek on Millennials in the Workplace (video)https://www.youtube.com/watch?v=hER0Qp6QJNU
Collaboration in a Multigenerational Workplacehttps://www.mindtools.com/blog/corporate/collaboration-multigenerational-workforce/
There is a term for people born in the early 80’s who don’t feel like a millennial or Gen Xerhttps://www.businessinsider.com/people-born-between-gen-x-millennials-xennials-2017-11
Millennials are the largest generation in the U.S. labor forcehttp://www.pewresearch.org/fact-tank/2018/04/11/millennials-largest-generation-us-labor-force/
2018 Deloitte Millennial Survey, Millennials disappointed in business, unprepared for Industry 4.0https://www2.deloitte.com/content/dam/Deloitte/global/Documents/About-Deloitte/gx-2018-millennial-survey-report.pdf
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Resources
Infographics:29 Surprising Facts that Explain Why Millennials See the World Differently, 2016https://www.inc.com/gordon-tredgold/29-facts-that-might-make-you-see-millennials-differently-infographic.html?cid=sf01001&sr_share=twitterHow to Deliver Excellent Customer Experience to Millennials, 2016http://www.providesupport.com/blog/deliver-excellent-customer-experience-to-millennials/Why the Insurance Industry Should Focus on Millennials, 2014https://www.slideshare.net/genreperspective/identifying-millennials-attitudes-and-behaviorsThe Sandwich Generation is a Balancing Act, 2018https://caringpeopleinc.com/blog/sandwich-generation/
Books:Elmore, T. (2019). Generation Z Unfiltered. Atlanta: Poet Gardner Publishing.Elmore, T. (2015). Generation iY: Secrets to connection with today’s teens and young adults in the digital age (Fifth edition.). Atlanta: Poet Gardner Publishing.Levine, A., & Levine, A. (2012). Generation on a tightrope: A portrait of today's college student (Third edition.). San Francisco: Jossey-Bass.
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