An overview of the differences between generations and the issues to be considered in managing Y Generation employees in particular

1. Multigenerational Awareness – The Impact Now and in the Future Why generations matter. Roy Mark Total HRM 07736 631834

8. the job you are likely to be doing in ten years time may not exist yet

70. “ Each generation is a new people.” Alexis de Tocqueville 1805-1859 We have 3 generations working side by side and in the next 3 years will have 4; all responding differently to varying management and communication styles

71. ‘ Idealist’ ‘ Reactive’ ‘ Members’ ‘ Adaptive?’ ‘ Baby-Boomers’ 1943 – 63 Gen. X 1964 – 81 Gen. Y 1982 – 1996 ‘ Millennials’ 1997 – 2222?

72. Baby-Boomers (1943-1963)

74. Generation X (1964-1981)

76. Generation Y (1982-1996)

79. USA Dept Employment estimate that today's students will have 10-14 jobs by the age of 38 Succession planning usually assumes a single employer!

80. The top 10 in-demand jobs in 2010……… … . did not exist in 2004!

81. Young Engineers View on Future Service

82. SOURCE: Bibb, S., Walker, S., James, J. (2008). Do our primary learning methods fit ?

85. Falling Desire for Jobs with Greater Responsibility Source: Generation & Gender in the Workplace , An Issue Brief by Families and Work Institute 1992 2002

86. Lower Alignment with the Organization Source: The New Employee/Employer Equation , The Concours Group and Age Wave, 2004

87. In 2000, A Fairly “Young” World . . . Source: U.S. Census Bureau Percent of Population Age 60+ in 2000 Under 5% 5% to 12.4% 12.5% to 20% Above 20%

88. . . . Rapidly Aging by 2025 Source: U.S. Census Bureau Percent of Population Age 60+ in 2025 Under 5% 5% to 12.4% 12.5% to 20% Above 20%

90. Shifting the Old Work/Life Paradigm . . . Education Work Leisure Age Source: Demography is De$tiny , The Concours Group and Age Wave, 2003 0 10 20 30 40 50 60 70 80

91. . . . To a “Cyclic” Life Paradigm Education Work Leisure Source: Demography is De$tiny, The Concours Group and Age Wave, 2003 0 10 20 30 40 50 60 70 Age 80

92. . . . Evolving to a “Blended Lifestyle” Education Work Leisure Source: Demography is De$tiny, The Concours Group and Age Wave, 2003 0 10 20 30 40 50 60 70 Age 80

93. Cutting Back Has New Meaning: Cyclic Work The most popular pattern for working after “retirement” is not part-time, but moving back and forth between periods of working and not working. Source: The New Employee/Employer Equation , The Concours Group and Age Wave, 2004