GRAND RAPIDS, Mich. (WOTV)- Baby Boomers have started exiting the workplace faster than the newer generations are coming in. The talent pool is shrinking and will continue to do so for several years. Businesses must make educating, recruiting, and retaining talent a top priority to survive in the 21st century.
For the first time in history we have four generations working together in the workplace. In a recent survey conducted by the Society of Human Resource Management, 72% of respondents said inter-generational conflict is an issue at work. It is important for managers to realize that blanket policies, communication styles and management techniques can add to the problem.
Today’s workplace requires engaging employees of diverse ages, viewpoints and expectations. It makes good economic sense to protect our initial investments in people, skills and expertise by managing employees effectively to achieve harmony in the workplace. Engaged employees experience lower stress, higher job satisfaction and greater satisfaction with their lives overall. By taking the time to learn about generational differences, companies can enjoy a more competitive edge in managing and retaining the generations. Cross-generational collaboration creates harmony in the workplace and is an important part of business.
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