For the first time in history there are 5 generations that comprise the workforce. The Silent Generation (1925-1945), Baby Boomers (1946-1964), Generation X (1965-1980), Millennials (1981-1996), and Generation Z (1997- Present) are all working side-by-side. Here at Suuchi Inc., in fact, our employees are as young as 21 and as old as 70.
Employers can find it difficult to cater to the wish list each generation has. However, most of these demands are relatively similar and are only presented differently. Here are 5 things you can do to keep each generation of employees happy.
- Promotions based on competency—not age
One thing all of the generations are looking for is the opportunity to move up within their careers based on the work they put in. When the time comes to offer a promotion, look at an employee’s track record and not the years of experience. The Silent Generation might be the exception to this rule. They feel that recognition and appreciation for years of hard work will eventually land them a promotion or higher title.
- Incentives
While every generation needs money to get by, the younger generations are looking for something that goes beyond extra cash each month. Incentives can also include gift cards, free subscriptions, and free apparel. These incentives can be given for achieving weekly or monthly goals and motivates employees to work hard towards a tangible goal.
- Freedom
Technology has changed the way that work gets done. It’s projected that by 2030 almost all work will be done remotely through platforms like Skype and Google Suite. Employers can give the option to work remotely one day a week. While some employees prefer the typical 9-5 in an office, the option gives individual employees the freedom to choose if they want to work remotely or not.
- Company Culture
Each generation looks for a different type of company culture. As mentioned above, the older generations strive for their accomplishments to be recognized, having a “no news is good news” mentality. Meanwhile, younger employees enjoy a more social and collaborative environment. How could you blend it together? Use glass walls in your office. It gives your employees their own area of work, but also allows for everyone to see what’s going on and feel connected with everyone around them.
- Remember You Need Each Generation
Despite the differences in each generation, every single person brings something that makes your company run smoothly and successfully. The older generations inspire a loyalty to your company (which Millennials are notorious for lacking) and the younger generation can help to keep their older coworkers energized.
