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Generational differences in the workforce essay
Generations similarities and differences in workforce
Generational differences in the workforce essay
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A generation is a group of people born and living at about the same time, regarded collectively. Today we see that there exist four generations in the workplace namely the Baby Boomers, Generation X, Generation Y, and Generation Z.
Baby Boomers
The Baby Boomers are a generation of people born during the post WWII ‘Baby Boom’, roughly during the years 1946 to 1964. In the years following WWII many western nations experienced a spike in births as they slowly recovered from the economic hardships experienced during wartime. There are about 72 million baby boomers in the workplace.
Generation X
Generation X includes those individuals born between 1961 and 1981. The term Generation X was popularized by Douglas Coupland through his novel, “Generation
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Every generation carrying its own methodologies, ideas, innovations, styles and experiences, an organization is equipped with all the diverse talent it needs to become successful in the long run. Though we have numerous advantages and opportunities in working with all the four generations at workplace, following are the benefits that make a difference:
Increased Competitiveness: When generations work together, it leads to healthy competition among the workforce. The older generations believe that if not more than, they can work for the same duration as their younger colleagues do. On the other hand, the belief, “The younger, the better” drives the minds of the younger generation people to work much more as they would do with the same generation people.
While the older generations value consistency and loyalty, the younger ones value flexibility, innovation, openness, and choices. This difference in work style and values can cause some
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Managing technology: Managing technology is one big challenge that emerges when working with different generations at the workplace. The older generations, especially the Baby Boomers find it hard to cope with the technological changes that take place in the business. On the other hand, we have the younger generations, generation Y and generation Z that worship technology. The challenge of dealing all the generations with the same technology in hand is a major one and needs a lot of emphasis.
Difference in view of authority: Every generation has a different view of authority, ranks, positions and power. Baby boomers prefer hierarchies, vertical structure in the organization. They want prestige pride position and power. On the other hand, members of the new generations (Y and Z) prefer to have a horizontal structure in the organization. They want to free lines of communication instead of specific one. They do not believe in reporting everything they do to someone sitting at a higher level in the
The baby boomers are the generation of people who were born between the years of 1946 to 1964. At the time of the baby boom, social change was very prominent. According to History.com, baby boomers
The millennial generation according to Dictionary.com is “a term used to refer to the generation,
In the United States, the term Baby Boomers commonly applied to people with birth years after World War II and before the Vietnam War. A large part of the cause of the Baby Boom was an after effect of World War II where the bombed out cities and fractured economies increased the needs for goods and services in unprecedented peacetime amounts. America cranked up the exports and supplied the "free world" with goods to rebuild its own economies. Furthermore, in the U.S. the G.I. Bill enabled record numbers of individuals to attend college and obtain, perhaps in most cases, the second college degree in their extended families. This led to an increase in education and granted higher incomes to families allowing them the resources to produce more children. (Wikipedia)
They have idealistic tendencies and are extremely willing to sacrifice personal time in order to achieve success in the workplace. Even though Baby Boomers are typically seen as micromanagers, they are good at building collaborative relationships with their coworkers and networking. Many Baby Boomers feel that their life’s purpose is to work hard, respect the chain of authority and hierarchy in the workplace. This is due to the fact that Baby Boomers were brought up in a work atmosphere where the chain of command was always respected (Kapoor, Solomon, 2011). Baby Boomers also work very hard for promotions and believe in sacrificing personal for the sake of being successful; they started the ‘workaholic’ trend and believe in paying their dues and step-by-step promotion that comes with age and time worked at a company. They also like teamwork, collaboration, group decision-making and believe in loyalty toward their employers (Tolbize, 2008). Baby Boomers tend to stay with one company for the duration of their professional life.
Baby Boomers are those who were born from 1946 to 1964 post World War II.
Another factor that differs these two generations is how they view work. Baby Boomers have a tendency to see work as their life. They live to work. The Baby Boomer generation is often characterized as being workaholics, as they place significance on their job status and experience (Generational Differences Chart). And because of this, their lives are often unbalance, with work taking a larger role in their lives than families. This is why some Baby Boomers refuse to retire because work gives them a drive to go
The Baby Boomer generation consists of those born between 1946 and 1964. Like the Veterans before them, Baby Boomers also shared significant, “life-defining social changes such as the civil rights movement,
Every person belongs to a generation: you associate yourselves with a particular set of people usually based on age such as “Baby Boomers” from 1946 to 1964, “Generation X” from 1965 to 1979, and “Millennials” from 1980 to 2000, (Smola, 364). Parents’ generations differ from their children, and sometimes within their significant other. My parents, separated by two years, are both considered “Baby Boomers”, and my sister and I, also separated by two years are both considered “Millennials”. “Generation X” separates our generations, and as you can assume there are many differences between the two: “Baby Boomers” experienced the immense development of the economy and education (Kupperschmidt, 4).
Baby Boomers are the most powerful demographic group in history. Businesses thrives or fails based on their ability to keep pace with the likes and dislikes of this economic powerhouse known as the baby boomers. At 76 million strong, boomers have the influence to rule the marketplace and make sure they keep a place set just for them as the
The baby boomers are approximately between the years 1946 and 1964, which includes people who are between 53 and 71 years old in 2017, according to the U.S. Census Bureau. There are many characteristics that set the different from the Generations X or Millennials (Generation Y). “The differing social and cultural values of the baby boom generation create challenges
Klobucher, T 2011, Characteristics of Generation 2020: Generations at Work, The Great Workplace Revolution, accessed 11 November 2013, http://www.thegreatworkplacerevolution.com/characteristics-of-generation-2020-generations-at-work/
Robbins (2013) recognizes that baby boomers have an enormous hard-working attitude with a definitive want to characterize themselves through their expert achievements. Baby Boomers, born between 1946 and 1964 value their achievement, ambition, loyalty to career and dislike to authority in competitive workplace (Robbins and Judge, 2017). Gen Xers, born between 1965 and 1977, who are independent-minded like work-life balance, team-oriented, loyalty to relationship and dislike of rules. The generation born between 1978 and later, known as Millennials value flexible hours, teamwork and collaborative culture, career development, loyalty to both self and relationships with employers and dislike the formality of regular meetings if there
...The importance of the generational mix within an organisation is that it brings about inclusivity and helps generate new innovative ideas that could bring the organisation to its sustained competitive advantage. With each age group with its expectations by interacting with one another, there is knowledge and experience exchange.
For the first time in history, there are four generations of people working side by side in the workplace. Think about your place employment and the different people who work there. It is sometimes hard to get your point across to someone in a different age generation. This especially becomes a problem in the supervisor employee relationship. In order to effectively communicate with your peers, you have to understand the context in which they view the world. This problem is a real concern for managers. There has even been a Center for Generational Studies created.
I do believe that younger individuals differ from older individuals because millennials have high expectations and seek meaning in their work. Most have life goals of being famous and rich. So, commitment to one job at one company is viewed as restrictive to their life goals.