Analyze the importance of a multi-generational workforce from a human resource professional perspective and discuss strategies for selecting and recruiting a multi-generational workforce.

Analyze the importance of a multi-generational workforce from a human resource professional perspective and discuss strategies for selecting and recruiting a multi-generational workforce.
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Assignment Overview
Multi-Generational Workforce

Over the past sixty years, there have been three generations, the Baby Boomer Generation, Generation X, and most currently Generation Y, also known as Millennials. As these various generations work side-by-side in the workplace, organizational behavior has changed to adapt to each generation. Managers are dealing with a generation that has a unique work ethic when compared to their more experienced colleagues. Interestingly enough, organizations and researchers are just now beginning to address issues related to generational differences that may have a significant impact on the leadership and success of the organization. It becomes imperative to learn as much about the Millennial Generation as possible. Thus, this study strives to learn more about millennial job satisfaction and organizational commitment levels based upon gender and whether or not Millennials with a graduate level degree are more likely to stay with an organization than Millennials without a graduate level degree. Baby Boomers are starting to retire and as a result more Millennials are being hired throughout the nation. As such, the differences among the generations in the workforce can create some problems for managers who are responsible for making sure that tasks are being completed. As a matter of fact, differences create problems among team members that ultimately result in reduced effectiveness. The following table depicts the three different generations currently in the workforce and when they were born.

Three Generations in the Workforce

Generation

Date of Birth

Baby Boomers

1946-1964

Generation X

1965-1980

Generation Y or Millennials

After 1980

In order to correctly understand Millennials, it becomes imperative to also understand their more experienced counterparts. As mentioned above, Baby Boomers were born between the years 1946-1964, and are the largest group (representing approximately 79 million in the US) of the three generations. In a recent survey, millennials rated compensation/pay as an important factor in job satisfaction. Meanwhile, it ranked as the second most important driver of job satisfaction for Generation X employees. Job security and the opportunity to use skills and experience topped the list for Generation X (67percent) and Baby Boomers(63 percent), respectively.

Baby Boomers

Baby Boomers include the American males who returned from tours of duty during World War II. Consequently, the young males started families resulting in a large number of new babies (baby boom). Baby Boomers who were born in the United States were raised in a prosperous economic time. Baby Boomers are optimists who grew up expecting the world to progress and for the wars to end. After some of their icons were assassinated (e.g., Martin Luther King and the Kennedy brothers), this generation rejected traditional norms and values. Furthermore, this generation did not grow up dependent on technology. As a result, they view technology as “artifacts” of organizational culture. In regards to understanding this group, Baby Boomers possess traits that are shared among the members of other generations. Baby Boomers enjoy having the autonomy to focus on some of their own hobbies (e.g., playing golf, gardening, volunteering, and just relaxing).

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