BABY BOOMERS Born 1945-1965 GENERATION Born 1965-1980 MILLENNIALS Born 1980-1995 35% 35% 24% GENERATIONS IN THE WORKPLACE BY 2020 VALUE: Hard work & loyalty; put in time to climb corporate ladder VALUE: Work-life balance VALUE: Freedom & flexibility SEEK: • Job people look up to & respect • Incentives based on performance SEEK: • Job security with competitive salary • Clear pathway to grow compensation over time SEEK: • Purposeful & values-driven culture • Opportunities for career progression & personal development SEEK: • Opportunities to make a difference • Career pathway to advance in company • Socially conscious companies • 401(k) with matching contributions • Competitive salary • Paid vacation and sick days • Flexible work schedule • Work remotely MOST VALUED BENEFIT: MOST VALUED BENEFIT: • Excellent retirement and health benefits • Salary MOST VALUED BENEFIT: MOST VALUED BENEFIT: GENERATION Born 1995-2012 VALUE: Security & stability Career opportunity MULTIPLE GENERATIONS IN THE WORKPLACE Z X • Good amount of paid time off • Flexible hours • Ability to work remotely KELLEY ASHBY CONSULTING KelleyAshbyConsulting.com [email protected] 319.855.2237 6% MOST IMPORTANT SOCIAL ISSUES ACCORDING TO GEN Z: ASPECTS OF THE WORKPLACE MILLENNIALS FEEL ARE MOST DIFFICULT: 29% 28% 27% 22% 22% Resolving conflicts Negotiating Managing other people Working with older people Working in a team MOST IMPORTANT SKILLS FOR WORKPLACE SUCCESS ACCORDING TO GEN Z: Communication Problem Solving Of high schoolers hope to start a business someday 72% 76% Want hobbies to be full-time jobs 73% 72% 60% 26% Access to affordable education Racial equality Want job to impact the world Donate time regularly as volunteers &
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BA
BY
BO
OM
ER
S
Born1945-1965
GENERATION Born
1965-1980
MIL
LE
NN
IAL
SBorn
1980-199535%
35%
24%
GENERATIONSIN THE
WORKPLACEBY 2020
VALUE:Hard work & loyalty;put in time to climbcorporate ladder VALUE:
Work-lifebalance
VALUE:Freedom & flexibility
SEEK:• Job people look up to & respect• Incentives based on performance
SEEK: • Job security with competitive salary• Clear pathway to grow compensation over time
SEEK: • Purposeful & values-driven culture• Opportunities for career progression & personal development
SEEK:• Opportunities to make a difference• Career pathway to advance in company• Socially conscious companies
• 401(k) with matching contributions• Competitive salary• Paid vacation and sick days• Flexible work schedule• Work remotely
MOST VALUED BENEFIT:
MOST VALUEDBENEFIT:
• Excellent retirement and health benefits• Salary
MOST VALUEDBENEFIT:
MOST VALUED BENEFIT:
GENERATION
Born1995-2012
VALUE:Security& stability
Career opportunity
MULTIPLE GENERATIONS IN THE WORKPLACE
Z
X
• Good amount of paid time off• Flexible hours• Ability to work remotely
KELLEY ASHBY CONSULTING
319.855.2237
6%
MOSTIMPORTANTSOCIAL ISSUESACCORDINGTO GEN Z:
ASPECTS OF THE WORKPLACE MILLENNIALSFEEL ARE MOST DIFFICULT:
29% 28% 27% 22% 22%Resolvingconflicts
Negotiating Managingother
people
Working witholder people
Workingin a team
MOST IMPORTANTSKILLS FOR
WORKPLACE SUCCESSACCORDING TO GEN Z:
CommunicationProblem Solving
Of highschoolershope to starta businesssomeday
72% 76%Wanthobbiesto befull-time jobs
73% 72% 60% 26%Access toaffordableeducation
Racialequality
Wantjob to impact
the world
Donatetime regularlyas volunteers
&
MULTIPLE GENERATIONS IN THE WORKPLACE
KELLEY ASHBY CONSULTING
319.855.2237
COMMUNICATION ACROSS MULTIPLE GENERATIONS:
of executives said communication skills are the greatest differences among their company’s employees who are from different generations.30%
BABY BOOMERS GEN X GEN ZMILLENNIALS
Preferredcommunication
style with manager
Preferred tool
FeedbackPreferences
Most reserved
Pick up the phone & call or in-person
No news isgood news
Control-and-command
Once per year duringperformance review
Collaborative
Texting, tweeting, andposting on social media
Feedback in real time,even daily,
over annual reviews
In-person
Text everything,Instagram, YouTube
Constant, honest, &immediate feedback
MILLENNIALS GENERATION Z
PERSONALVALUES
MEDIACONSUMPTION
TECHNOLOGY
ADOPTION
CAUSES FORTURNOVER
Focused on thehere and now
Optimists
Waiting to be discovered
Future focused
RealistsReady to work
for success
Scan text. Focus on headlines
& bullet points
Think, communicate,and consume information
through images
Tech savvy: Happy with two screens
open at once
Communicate with text
Curators and sharers
Tech innate: Love five screens at once
Communicatewith images
Creators andcollaborators
Low engagement
Lack of careeradvancement opportunities
Insufficient recognition
Lack of financialrewards
Lack of careeradvancement opportunities
Lack of feelingconnected to their job
&
MEETING THETECHNOLOGICAL
NEEDS OF THEDIGITAL NATIVES:
41% 27% 26%want to see your
company onsocial media
want virtual realityfor trainings,marketing
want wearables (smartwatches, virtual reality headsets, wireless headphones, body cameras in law enforcement, etc.)
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