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A recent People at Work study by ADP has revealed that there are for the first time, five different generations in the workforce driving innovation and success at the workplace. The different characteristics of each generation are forcing HR leaders to examine and understand the differences between the generations while making use of their commonalities to ensure organisations remain relevant and competitive in the market.
Some of the differences between the generations include expectations such as salary, flexibility in hours worked, purposeful work, making a difference at work and inclusivity.
The most striking commonality among the generations is the cost of living and its impact.
Creating HR policy and keeping an intergenerational workforce engaged, motivated and productive is challenging for HR leaders. More personalised strategies in policy design are required to manage the workforce and employee expectations.
Read more here.
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