The Millennial workforce has a lot to offer an organization but, according to many Baby Boomer colleagues, they also still have a lot to learn. Baby boomers hold a wealth of knowledge and understanding, but, according to many Millennials, they are a little grumpy. Perceptions may not always be accurate but perception fuels reality and in the workplace that can impact productivity and performance.
“Millennials,” “Generation Y,” “Generation WE,” “The Boomerang Generation,” “The Peter Pan Generation,” – we go by many names and were born roughly between 1980 and 2000. Born in 1990, I fall right smack in the middle of this generation and there is no denying that we are the subject of a heated debate: are we a blessing or a curse?
A lot of people seem to think that we are, well, a pain. The week I graduated from college, Time Magazine released an article titled “Millennials: the Me Me Me Generation,” which called us lazy, entitled, self-obsessed narcissists. Ouch! On the other hand, we’ve been called open-minded, liberal, self-expressive, upbeat, and overtly passionate about equality. Naturally, I’d prefer to believe this description over the former (how Millennial of me). But, the truth is both arguments hold some grounds for belief. The reality must fall somewhere in between.
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“They don’t make ’em like they used to!” That may never be more true than when it comes to Baby Boomers as employees – from their work ethic and enthusiasm to their company loyalty. And as the Canadian Chamber of Commerce predicts a labour shortage of nearly one million people by 2020, due in part to the exodus of mature workers from the labour force, it’s critical for businesses to look for ways to retain and manage mature talent as long as possible. Along with the people themselves, organizations are also scrambling to retain the knowledge aging workers possess and ensure it is transferred to younger employees.
Platinum Books HR
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Within the workplace you have employees with a variety of skill levels, personality traits, differing abilities and even personal challenges that impact how well they will perform and how much they contribute to the organization.
The drive to improve performance has led many organizations to recognize effective human resource management is key to success. Yet many leaders do not have the experience or expertise to integrate good human resource management into their daily decision making. Unfortunately, many leaders avoid dealing with human resource issues until there is a crisis or threat of legal action.
It that time of year when employers are likely to host holiday events. For many employers, these year-end parties are a way of saying “thank you” to their employees. They also provide an opportunity for team building and strengthening collegiality.