understanding our generationally diverse workforce

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Understanding Our Generationally Diverse Workforce

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Page 1: Understanding Our Generationally Diverse Workforce

Understanding Our Generationally Diverse

Workforce

Page 2: Understanding Our Generationally Diverse Workforce

Aging Population

• 10,000 Americans turn 60 every day

• (That’s 416 every hour!)

Page 3: Understanding Our Generationally Diverse Workforce

Aging Population

• 76M will reach retirement age in 10-15 years

• (That’s 43% of workforce!)

Page 4: Understanding Our Generationally Diverse Workforce

Are You Ready?

Page 5: Understanding Our Generationally Diverse Workforce

Who Are the Generations in Today’s Workforce?

Page 6: Understanding Our Generationally Diverse Workforce

Generations in the Workplace

•Traditionalist•Baby Boomer•Gen X•Gen Y

Page 7: Understanding Our Generationally Diverse Workforce

1. Baby Boomers

• Born 1946-1964• 82.8 Million• 29.4% of U.S.

Page 8: Understanding Our Generationally Diverse Workforce

2. Generation X

• Born 1965-1980• 58.9 Million• 21% of U.S.

Page 9: Understanding Our Generationally Diverse Workforce

3. Generation Y

• Born 1981-2001• 80.4 Million• 28.6% of U.S.

Page 10: Understanding Our Generationally Diverse Workforce

Each generation is shaped by the political, technological and cultural events that occurred in their lifetimes.

These events create generational traits.

Page 11: Understanding Our Generationally Diverse Workforce

Impacts

Page 12: Understanding Our Generationally Diverse Workforce

What Helped Shape the Baby Boomers?

Page 13: Understanding Our Generationally Diverse Workforce

Baby Boomers

Events that shaped them– Assassination of MLK, JFK– Vietnam War– Free love– Availability of college

educations

Page 14: Understanding Our Generationally Diverse Workforce

Baby Boomers

What are their generational traits?

– Macro- and micro-detail oriented

– Idealistic and cause-driven

– Team-focused– Consensus-oriented

Page 15: Understanding Our Generationally Diverse Workforce

What Helped Shape Generation X?

Page 16: Understanding Our Generationally Diverse Workforce

Generation X

Events that shaped them

– Recessions– Watergate– Gulf War– Explosion of Shuttle

Challenger– High divorce rates– MTV domination

Page 17: Understanding Our Generationally Diverse Workforce

Generation X

What are their generational traits?

– Self-sufficient– Pragmatic– Distrustful of hierarchy– Individualistic– Ambitious

Page 18: Understanding Our Generationally Diverse Workforce

What Helped Shape Generation Y?

Page 19: Understanding Our Generationally Diverse Workforce

Generation Y

Events that shaped them

– 9/11– AIDS epidemic– Obama presidential

campaign– Wars in Iraq and

Afghanistan– Social media– Reality TV

Page 20: Understanding Our Generationally Diverse Workforce

Generation Y

What are their generational traits?

– Digital natives– Global citizens– Embrace diversity– Value work/life

balance– Value community,

connection

Page 21: Understanding Our Generationally Diverse Workforce

Email [email protected] for more information on generational workshops and

keynotes.

Follow on Anne on Twitter:@anneloehr.com