The workforce is becoming more and more diverse with the presence of five generations working together: Traditionalists, Baby Boomers, Gen X, Millennials (Gen Y), and Gen Z. These generations have grown up in different eras, resulting in unique perspectives on work, life, values and beliefs. Nonetheless, businesses can skillfully handle generational differences in the workplace to establish a harmonious and cooperative working environment.
Keep reading to find out the most effective tips for an ideal multi-generational workplace.
What are the key generational differences in the workplace?
Traditionalists (born 1928-1945)
The Silent Generation are often conservative and believes age equals seniority. They value hard work, rules, hierarchical and top-down management style.
Baby Boomers (born 1946-1964)
Baby Boomers are typically motivated by job security and financial stability. They value loyalty and experience, and they tend to be more traditional in their work styles.
Gen X (born 1965-1980)
Gen X are typically motivated by work-life balance and flexibility. They value independence and autonomy, and they tend to be more adaptable and open to change than Baby Boomers.
Gen Y – Millennials (born 1981-1996)
Millennials are typically motivated by purpose and meaning in their work. They value collaboration, teamwork, and they tend to be more tech-savvy than Baby Boomers and Gen X.
Gen Z (born 1997-2010)
Gen Z are typically motivated by social impact and making a difference in the world. They value diversity and inclusion, and they tend to be more entrepreneurial and risk-taking than previous generations.
By following these tips, you can create a more productive and harmonious workplace where employees from all generations can thrive.