Millennials Aren’t Job-Hoppers, Gen X Isn’t Jaded, Boomers Aren’t Materialistic
Many business leaders worry about how to manage the multiple generations in today’s workplace—but the solution for creating a great place to work for all ages is a simple one of trust, pride and camaraderie. And such great workplace cultures are great for business results as well. That’s the good news in a new report from consulting firm Great Place to Work, in partnership with Fortune, which recently announced the 2016 Best Workplaces for the three key generations on the job in 2016—Millennials, GenXers and Baby Boomers.
The results of the research, which involved surveying more than 230,000 employees at 620 organizations, challenge much of the typical talk about how distinctive the three generations are—and what a headache it is to manage all of them at once.
For example, Millennials are often portrayed as promiscuous job-hoppers, lacking the loyalty of their elders. But the data show that when Millennials’ expectations of an excellent company culture are met, they are more than willing to stay. Millennials who feel they’re at a great workplace are an incredible 25 times more likely to plan a long-term future at their workplace.
And overall, the new research found employees of all ages are looking for similar things in a great workplace—a company they can be proud of, connections with their colleagues, and honest, ethical leaders.
“There are more similarities than differences when it comes to what different generations want in a great workplace,” said Michael C. Bush, CEO of Great Place to Work, in a news release. “Our research shows that company pride, a sense of community and competent, ethical leadership can bring Millennials, Gen Xers and Baby Boomers together for a great, high-performing workplace.”
Topping the list of the 100 Best Workplaces for Millennials is digital marketing firm Elite SEM, while Kimpton Hotels & Restaurants ranked as the top workplace for Gen X and auto finance company Credit Acceptance took the top spot on the list of the best workplaces for Baby Boomers. Home builder David Weekley Homes and business software provider Workday appeared on all three lists.
Great Place to Work will host a webinar on the subject of great workplaces for Millennials, Gen Xers and Baby Boomers on July 14 at 10am PT/1pm ET. Those attending will have early, exclusive access to additional Great Place to Work research related to the generations and great workplaces. Get more info here.
Source: PRWeb; edited by Richard Carufel