According to the BLS, more older workers are staying in their jobs longer or returning after retiring. And as a result, among workers who are 65 and older, 56 percent work full time compared to 44% 13 years ago. So much for the “brain drain” we all feared only a few years ago. See the chart above for more details on this.
With the current economic turmoil, and the vaporization of retirement savings, people will be in the workplace longer and we will have all four generations working together side by side. What does that do to the workplace? What does that do to the demands placed on the learning organization and the talent management organization?
These developments are particularly timely as New Learning Playbook is conducting a groundbreaking survey that examines the workplace of the future and the demands the four generations—Seniors, Baby Boomers, Generation X and the Millennial Generation–will place on employers. You are invited to participate in a global survey of workers from around the world. This survey only takes 10 minutes and you can have a voice into what this means as companies grapple with how to deal with four generations @ work. I am also conducting personal interviews on this topic and will share all results with our readers.
I will be examining these results in terms of what they mean for recruiting, developing and motivating four generations of employees, as well as how to create a working environment conducive to all generations. In the meantime, if you have a personal story you want to share about how your organization is dealing with this issue, I would really like to hear from you. Send me an email.
[tags]four generations, brain drain, millennials, baby boomers, seniors, generation x[/tags]