Articles tagged 'Generational issues'

HR Insights, Talent Management

David Letterman’s Retirement Signals the Great Boomer Workforce Exodus

Letterman

When asked by The New York Times to describe his impending retirement, David Letterman called it “a good solid punch to the head.”

After taping 6,000 episodes of “Late Night” over a 33-year career (three years more than his mentor, Johnny Carson), his analogy could not be more fitting – retirement is always a figurative punch to the head, both to the retiree and the organization losing them. Read more…

Talent Management

The Secret to Engaging Millennials is Really No Big Secret at All

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To get back to Kansas, Dorothy never had to jump through all the death-defying hoops the Wizard put her through.

She had everything she needed (ruby slippers) from the very beginning. All she lacked was the understanding of how to unlock their magical powers.

Since they began making their way into the workforce in the late 1990’s, business leaders, owners, and managers have been trying to figure out how to drive performance from their enigmatic Millennial employees. As arduous and mysterious as this challenge has been hyped up to be, the answer is surprisingly simple. Read more…

HR News & Trends, Talent Management

The Win-Win When Companies Start Leveraging Baby Boomers

boomers

I’m a Baby Boomer, born smack-dab in the middle of my generation. And I’m beginning to concretely think about the answers to questions like:

  • What is the legacy that my career will leave behind?
  • What kinds of work do I really want to do going forward?
  • What will retirement look like for me?
  • When will I want to retire (because it certainly is the last thing on my mind now …)? Read more…
HR Insights, Talent Management

Never Trust HR and Other Workplace Tips for Millennials

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One of my favorite Millennials is graduating from college next month, and it occurs to me that he, like millions of others from the so-called Godless Generation, could benefit from some sage counsel before entering the workforce.

So while the world may view us crusty Gen-Xers as all but done, holding on for dear life while awaiting our sure and inevitable Millennial takedown (or is it shakedown?), I say “Bah! You’ve still got lots to learn from us, kids.”

For example… Read more…

HR News & Trends

Job Prospects Have Improved For 2015 College Graduates

College graduates

The job prospects for this year’s college seniors are better than they have been in years, say two different employer surveys.

CareerBuilder’s survey of 2,175 hiring and human resource managers found 65 percent of them planning to hire one or more of the upcoming graduates, an eight-point increase from last year’s survey and the largest percentage since the year before the recession.

The National Association of Colleges and Employers, which conducts a related survey, says its member companies, which include a large share of the Fortune 500, intend to up their college hiring. The 162 responding companies told NACE they intend to hire 9.6 percent more grads this year than last. That’s the highest expected increase in NACE’s spring survey since 2012. Read more…

Recruiting and Staffing, Talent Management

The Millennial Turnover Myth: Why Young Talent Really Decides to Leave

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My company is obsessed with Millennials, and for good reason.

The traditional old guard of global industry is rapidly changing – and the youngest ranges of the workforce are primarily responsible for the disruption.

With the average lifespan of an S&P 500 company down to 15 years, we are all actively investing resources to attract a new generation of talent that will keep our companies viable. Read more…

Talent Management

Millennials Show That a Lack of Desire Doesn’t Mean Disengagement

123RF Stock Photo

It goes without saying that several people are currently working at jobs they don’t like, but that may not be as big of a deal-breaker as it once was.

By 2020, Millennials will make up close to half (46 percent) of the workforce according to the Young Entrepreneur Council, and they’ve already shown that they won’t let their careers define who they are.

Quite the contrary — they are more likely to stay in a job that’s not ideal, if it enables their personal pursuits. Read more…

Culture, Talent Management

Creativity Out of Chaos: Millennials Thrive in an Open Work Culture

123RF Stock Photo

Investing in the success of Millennials isn’t a request or a dilapidated plea to appease the emerging workforce anymore.

Millennials are a critical  part of the current workforce, and 30 percent of high-growth companies say the young professionals even have leadership positions in their organizations.

In order to recruit the best of the best, and furthermore retain the best of the best, organizations have to cater to the developmental and professional needs of Gen Y employees. Read more…

Talent Management

Throwing a Lifeline to Millennial Employees Drowning in Student Debt

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The average student debt of a college-educated Millennial in the U.S. workforce is nearly $30,000.

As a result, these workers are turning to their employers for much-needed financial guidance and assistance in reducing their debt.

Here are six strategies you can share to help your own workers eradicate their student loans — and, in the process, make your organization much more attractive, especially to younger generations of the workforce. Read more…

Global HR, HR News & Trends

Studies Show the Shaky Educational Foundation of Our Gen Y Workforce

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It’s the definition of a counter-intuitive statement: The Millennial generation has attained the highest levels of education of any previous American generation, yet on average demonstrates weak skills in literacy, numeracy, and problem solving in technology-rich environments compared to their international peers.

This is a tough realization to stomach for a number of reasons.

Not only is it disheartening to hear, and confusing considering the exorbitant and rising costs of education in the U.S., but Millennials are estimated to make up 50 percent of the employee population by 2020 and will shape the economic, political and social landscape for years to come (so their skills are important, to say the least). Read more…