Upload
sandra-yaworski
View
278
Download
0
Embed Size (px)
Citation preview
Harnessing the Potential of the Millennials in the WorkplaceAge 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?