{"id":12230,"date":"2018-11-24T13:07:52","date_gmt":"2018-11-24T13:07:52","guid":{"rendered":"https:\/\/www.instantoffices.com\/blog\/?p=12230"},"modified":"2018-11-27T07:43:47","modified_gmt":"2018-11-27T07:43:47","slug":"generation-gap-at-work","status":"publish","type":"post","link":"https:\/\/www.instantoffices.com\/blog\/business-growth\/generation-gap-at-work\/","title":{"rendered":"Work: Where Generations Clash"},"content":{"rendered":"

By 2020, the global workforce is predicted to be a generationally diverse mix<\/a> of 35% millennial, 35% gen X, 24% gen Z and 6% boomer \u2013 all born and raised with different views and experiences around culture, economics, lifestyle and politics. When it comes to careers, happiness and success, these diverse groups, all shaped by different defining moments in history, have vastly different opinions. For business owners navigating this gap in the workplace, recruiting talent is one challenge. The other is successful employee management and retention.<\/p>\n

Workplace Gaps in Generational Diversity<\/span><\/strong><\/h2>\n

\u2022 Baby boomers:<\/strong> born between 1946 and 1964
\n\u2022 Gen X:<\/strong> born between 1965 and 1980
\n\u2022 Millennials or Gen Y:<\/strong> born between 1981 and 1996
\n\u2022 Gen Z:<\/strong> born mid-1990\u2019s to mid-2000\u2019s<\/p>\n

\"Work---Where-Generations-Clash---Instant-Offices\"<\/a><\/p>\n

 <\/p>\n

When interviewed<\/a> about workplace variances among generations, 30% of CFOs felt the greatest difference was communication skills. A close second was the ability to adapt to change at 26%, while 23% said technical skills. Around 14% said cross-departmental collaboration.<\/p>\n

\u2022 Communication style \u2013<\/strong> Baby boomers are generally perceived as more reserved in their communication style, while millennials and gen Z adopt a more collaborative means of interacting. Millennials have been found to relate better to a coaching style of management, while baby boomers prefer a more traditional approach.<\/p>\n

\u2022 Adapting to change \u2013<\/strong> While all generations adapt to positive change in the workplace, gen x and millennials view it as a vehicle for new opportunities. Gen z employees see change as the norm in the workplace.<\/p>\n

\u2022 Technical skills \u2013<\/strong> Interviews found boomers and gen x preferred to learn the old-fashioned way \u2013 via traditional, instructor-led courses, while millennials preferred a more collaborative, technology-based approach.<\/p>\n

Differences Between Generations<\/span><\/strong><\/h2>\n

Generations working side by side have differing opinions on various issues within the workplace, ranging from management style to team culture and motivation.<\/p>\n

\u2022 Management style \u2013<\/strong> According to a study<\/a>, almost eight in 10 millennials prefer a manager to act as a coach or mentor, while boomers look for an ethical, dependable, fair and consistent manager. This means that managers with a diverse team must understand the mindset of each employee and adjust their style accordingly.<\/p>\n

\u2022 Team culture \u2013<\/strong> 61% of Gen Xers and 55% of millennials believe team consensus is essential when making decisions, compared to just 39% of baby boomers.\u00a0Additionally, boomers are the least likely to trust their manager with business decisions.<\/p>\n

\u2022 Motivation \u2013<\/strong> Individuals across generations also consider different factors when choosing an organisation. Boomers are attracted to more money and working in an innovative environment, while millennials look for company values.<\/p>\n

A Common Thread Between Generations<\/span><\/strong><\/h2>\n

Studies<\/a> have found that there are also some surprising similarities between generations in the workplace:<\/p>\n

\u2022 Flexible schedules \u2013<\/strong> Around 74% of millennials want a flexible schedule that works for them, and 94% of baby boomers do too. It appears most employees are interested in flexible hours and telecommuting.<\/p>\n

\u2022 Making an impact –<\/strong> Gen y employees are willing to stay at a company that shows appreciation for their work. Millennials, gen x and baby boomers all aspire to make an impact within an organisation and be recognised for their work. Managers should, therefore, start actively empowering and encouraging employees of all generations to succeed.<\/p>\n

\u2022 Motivation \u2013<\/strong> The common thread that ties all employees together when it comes to company loyalty and motivation is simple \u2013 appreciation. Companies with a strong recognition programme enjoy a longer employee tenure, while many employees prefer value, recognition and appreciation over an annual bonus or any other company perk. A simple \u2018thank you\u2019 can be the best motivator of all.<\/p>\n

Benefits of the Generation Gap<\/span><\/strong><\/h2>\n

With the digital era upon us, the workplace is continually transforming. This certainly benefits younger employees with their effortless grasp of technology, but older generations should consider its value as well. Managers should encourage younger employees to assist senior members of their team, who can, in turn, impart their knowledge to less-experienced staff members. This process of skills sharing between different generations is being adopted by several businesses who see the benefits in the concept of reverse mentoring.<\/p>\n

According to research by Barclays UK<\/a>, 40% of employers admit to relying on younger employees and graduates for their digital and tech skills instead of training mid to senior employees. The digitally skilled youth of the country, given the right opportunity and with the proper guidance, could potentially provide a solution to organisations struggling to upskill their workforce to compete in the digital age.<\/p>\n

\n

Looking for Office Space?<\/strong><\/h2>\n

We Operate in Some of the World’s Top Cities:<\/span><\/p>\n

London<\/a>, New York<\/a>, San Francisco<\/a>, Paris<\/a>, Singapore<\/a>, Hong Kong<\/a>,
\nSearch more locations<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

By 2020, the global workforce is predicted to be a generationally diverse mix of 35% millennial, 35% gen X, 24% gen Z and 6% boomer \u2013 all born and raised with different views and experiences around culture, economics, lifestyle and politics. When it comes to careers, happiness and success, these diverse groups, all shaped by different defining moments in history, have vastly different opinions. For business owners navigating this gap in the workplace, recruiting talent is one challenge. The other is successful employee management and retention. Workplace Gaps in Generational Diversity \u2022 Baby boomers: born between 1946 and 1964 \u2022 Gen X: born between 1965 and 1980 \u2022 Millennials or Gen Y: born between 1981 and 1996 \u2022 Gen Z: born mid-1990\u2019s to mid-2000\u2019s   When interviewed about workplace variances among generations, 30% of CFOs felt the greatest difference was communication skills. A close second was the ability to adapt to change at 26%, while 23% said technical skills. Around 14% said cross-departmental collaboration. \u2022 Communication style \u2013 Baby boomers are generally perceived as more reserved in their communication style, while millennials and gen Z adopt a more collaborative means of interacting. Millennials have been found to relate better to a coaching style of management, while baby boomers prefer a more traditional approach. \u2022 Adapting to change \u2013 While all generations adapt to positive change in the workplace, gen x and millennials view it as a vehicle for new opportunities. Gen z employees see change as the norm in the workplace. \u2022 Technical skills \u2013 Interviews found boomers and gen x preferred to learn the old-fashioned way \u2013 via traditional, instructor-led courses, while millennials preferred a more collaborative, technology-based approach. Differences Between Generations Generations working side by side have differing opinions on various issues within the workplace, ranging from management style to team culture and motivation. \u2022 Management style \u2013 According to a study, almost eight in 10 millennials prefer a manager to act as a coach or mentor, while boomers look for an ethical, dependable, fair and consistent manager. This means that managers with a diverse team must understand the mindset of each employee and adjust their style accordingly. \u2022 Team culture \u2013 61% of Gen Xers and 55% of millennials believe team consensus is essential when making decisions, compared to just 39% of baby boomers.\u00a0Additionally, boomers are the least likely to trust their manager with business decisions. \u2022 Motivation \u2013 Individuals across generations also consider different factors when choosing an organisation. Boomers are attracted to more money and working in an innovative environment, while millennials look for company values. A Common Thread Between Generations Studies have found that there are also some surprising similarities between generations in the workplace: \u2022 Flexible schedules \u2013 Around 74% of millennials want a flexible schedule that works for them, and 94% of baby boomers do too. It appears most employees are interested in flexible hours and telecommuting. \u2022 Making an impact – Gen y employees are willing to stay at a company that shows appreciation for their work. Millennials, gen x and baby boomers all aspire to make an impact within an organisation and be recognised for their work. Managers should, therefore, start actively empowering and encouraging employees of all generations to succeed. \u2022 Motivation \u2013 The common thread that ties all employees together when it comes to company loyalty and motivation is simple \u2013 appreciation. Companies with a strong recognition programme enjoy a longer employee tenure, while many employees prefer value, recognition and appreciation over an annual bonus or any other company perk. A simple \u2018thank you\u2019 can be the best motivator of all. Benefits of the Generation Gap With the digital era upon us, the workplace is continually transforming. This certainly benefits younger employees with their effortless grasp of technology, but older generations should consider its value as well. Managers should encourage younger employees to assist senior members of their team, who can, in turn, impart their knowledge to less-experienced staff members. This process of skills sharing between different generations is being adopted by several businesses who see the benefits in the concept of reverse mentoring. According to research by Barclays UK, 40% of employers admit to relying on younger employees and graduates for their digital and tech skills instead of training mid to senior employees. The digitally skilled youth of the country, given the right opportunity and with the proper guidance, could potentially provide a solution to organisations struggling to upskill their workforce to compete in the digital age. Looking for Office Space? We Operate in Some of the World’s Top Cities: London, New York, San Francisco, Paris, Singapore, Hong Kong, Search more locations<\/p>\n","protected":false},"author":1,"featured_media":12231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,214],"tags":[496,494,497,495,493],"class_list":["post-12230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-growth","category-featured","tag-baby-boomers","tag-generation-gap","tag-managing-different-generations-at-work","tag-millennials","tag-workplace"],"yoast_head":"\nHow to Manage Different Generations in the Same Office Space - Instant Offices Blog<\/title>\n<meta name=\"description\" content=\"By 2020 the global workforce will be more diverse than ever. 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