Managing and Motivating a Multigenerational Workforce
Over the last five years, the composition of the workforce has undergone a significant change. For the first time in history – four generations (Traditionalists, Baby Boomers, Generation X and Generation Y/Millennial) are present in today’s workforce, each generation with its own perspective, expectations, needs and values. This presents a challenge in that a “one size fits all” approach to managing such a workforce won’t produce a productive and collaborative team. What might work for a Baby Boomer may frustrate a Millennial and vice versa. It is thus important that leaders learn to understand the different generations and what drives them in order to ensure motivated, committed and productive employees.