The rise of the multigenerational workforce
by Natassja Wynhorst
With the increase of healthcare and the rise of longer lives in the modern day, professionals are staying in the workforce longer than before, and some actually working beyond retirement. Because of this, for the first time in history, there can be up to five generations working side by side in the same workplaces; this is referred to as the Multigenerational Workforce.
Although there is no exact statement of dates of birth that distinguish and define each of these generations, they can generally be broken down into five distinct groups:
5 Distinct Worker Groups
- The Traditionalists: This generation is born between 1927 and 1945,
- The Baby Boomers: This generation is born between 1946 and 1964,
- Generation X: This generation is born between 1965 and 1976,
- Generation Y or the Millennials: This generation is born between 1977 and 1997, and
- Generation Z: This generation is born after 1997.
Workplaces now days are trying to balance a generation gap of more than 50 years between the oldest and the youngest employees through the implementation and adjustment of workplace strategies, procedures and the workplace environment.
If you are seeing the rise of your workplace’s multigenerational workforce, it may be time to revamp your workplace environment to appeal to the new employees, whilst also maintaining the comfort of the older employees. Reach out to Wurkspace 7 today, as they are experts in the field and understand there are different professional needs and expectations of each generation.
Of course, through this, there are many challenges that arise to strike the perfect balance, and that is what I am going to discuss with you next week.