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When it comes to generations in the workplace, a lot of focus has been on the Millennial and Gen Z age groups. Sure, they’re young and are taking up a majority of the workforce, but that doesn’t mean you should discount Baby Boomers and Gen X workers.
The makeup of the C-suite continues to change, redefining roles based on new organizational structures and company and market expectations, as well as demanding a wider breadth of skills to succeed in today’s business world.
Look around your company. What do you see? Is everyone around you roughly the same age? Or does it vary?
As Millennials and Gen Z continue to infiltrate the workforce, much attention has been given to attracting and retaining these young workers. But what about Baby Boomers and Gen X? Have we completely overlooked the older generations when it comes to hiring top talent?
Two factors have been merging during the last few years to drive companies to bend over backwards in order to attract and retain top talent.
Two factors have been merging during the last few years to drive companies to bend over backwards in order to attract and retain top talent.
When employers look to fill vacant positions, they look through the various types of candidate pools that are out there. With Millennials and Gen Z taking over the workplace, older generations are being left in the dust, but a new partnership is putting Baby Boomers back on recruiters’ radar.
For the first time, there are four generations in the workforce all working at the same time, and each group brings different behaviors, customs, and expectations with them. The newest wave of young professionals is known as Gen Z, and on the other end are the Baby Boomers, whose presence shrinks continuously as they retire.
Want to know why Millennials and Gen Z would rather work for themselves than you? If you have been challenged by Millennial employees, then get ready for them plus Gen Z! Gen Zs are those born between 1995 and 2010, and they will represent 25% of the U.S. population by 2020.
We’ve got good news and bad news. We’ll start with the bad: roughly 35% of workers plan to look for a new job in 2019. Now here’s the good news: this number is down drastically from 74% in 2018.