Most companies in our modern world will rely on the younger generation to to ensure busness continuety - service delivery & support. These employees in their late teens, twenties, and early-to-mid thirties? If so, they’re part of Generation Y (born in the 80’s) or Generation X (those born between 1964-1982). Many employers would agree that both groups seem to be more motivated by personal fulfillment opportunities on the job than by traditional monetary rewards.
Generation Y employees in particular are viewed as idealistic, with a high level of social consciousness. They’re frequently anti-establishment and are concerned about stress on the job among other things. Generally outspoken, they make up the largest pool of young people in the job market today. Promises of monetary rewards and overtime pay may not interest them as much as time off to attend a party, concert or just hang out with their friends.
At the risk of lumping everyone into one group, members of Generation X aren’t easy to motivate either. They have a social conscience; many are vegetarians and consider themselves "free spirits." They traditionally have demanded benefits and time off for recreation. You may see less body piercing and tatoos among this group as they gradually move to a more clean-cut look. They’re a resource managers have to rely upon to get the job done, especially for entry-level jobs.
The secret is not only how to find good people, but how to keep them. People work for more than the money, especially the X and Y Generation. It’s important to help employees enjoy their jobs. You can accomplish this by setting high standards and making sure employees know what you expect. Create a partnership with your team. Give them a chance to grow and learn new skills; reward their efforts, and celebrate their successes.
Saturday, December 27, 2008
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