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Managing demographics. Gen Y Characteristics. Born 1982 + Tech-savvy Family-centric Achievement oriented (confident,questioning) Team-oriented (no person left behind) Attention-seeking (feedback, guidance). Gen Y ... Why they matter. Few of them Starting work now

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gen y characteristics
Gen YCharacteristics
  • Born 1982 +
  • Tech-savvy
  • Family-centric
  • Achievement oriented (confident,questioning)
  • Team-oriented (no person left behind)
  • Attention-seeking (feedback, guidance)
gen y why they matter
Gen Y ...Why they matter
  • Few of them
  • Starting work now
  • 1st native online generation
  • Get info at rapid speeds
  • Great expectations to get what want
  • Care about world & environment
  • ? Disengaged from politics
gen y smarter than those before
Gen Y ...Smarter than those before?
  • Entitled to better life without working for it?
  • Or is WORK not #1 priority?
  • Do other things matter? Family v marriage v earnings v status?
  • Info-rich - aware other cultures value other things
  • Problem of managers managing different perspectives
gen y managing them
Gen Y ...Managing them!
  • Not enough numerically to replace retirees
  • Pick-and-choose where to go
  • Go where firms share same valuesWLB, CSR
  • Insists on electronic communication(social networking at work)
  • Educated to do teamwork, negotiation
  • Communication is strength
gen y managing them6
Gen Y ...Managing them!
  • Used to positive constructive feedback
  • Expect managers to talk to them
  • Excel at multi-tasking
  • Used to collaboration & group activities from early age
changing demographics
Changing demographics
  • Changing demographics
  • The work foundation2005
  • 1000 respondents
conclusions
Conclusions
  • Working hours dissatisfaction – 50%+
  • Overwhelming support for flexible working
  • Small businesses are good at flexible working
  • Creating a ‘career lay-by’, not a ‘career cul-de-sac’
  • Not working’ is not a desired option
  • Gender gap
  • Generation gap
  • Employers and government should invest and legislate for change
survey life stages
Survey life stages
  • Just started work;
  • Got young children;
  • Got older children;
  • Have eldercare responsibilities;
  • ‘Empty nester’ (40-50s/ no caring duties);
  • Aged 60 or over