Network - Winter 2010 - (Page 28)

O Feature What‘s Happe HR’s evolving role in dealing with different generations By Susan Quinn ikes! In a few years, we could be dealing with five different generation groups in the workplace, especially now with the recession impacting all groups. How are we going to manage that situation? Generational differences are now recognized as another type of diversity, similar to ethnic origin, religion and gender. Just as proactive organizations have identified these other variables of diversity and examined their policies, procedures and practices to embrace these variables, so too are organizations looking at the different generations as a different type of force to be reckoned with. One of the challenges for the HR Department is not only to zero in on what these cohorts are asking for, but to devise ways of fulfilling these needs using creativity, innovation and a different lens. Some of the old solutions may work, but they must be supplemented with new ideas. If your organization is not leading the way in terms of addressing those needs, then your employees will simply leave for a company that offers what they want. First, a couple of caveats. Different writers identify the dates of these generations with slight variations. There is no agreement or “rule” about what the dates are. Also, in talking about the generations, sweeping generalizations are made. A reader could place themselves by their age in one category and disagree with everything that is said about how that generation supposedly thinks and behaves. That’s natural. Sweeping generalizations are like that—they describe wide-ranging trends that don’t necessarily apply in all instances. However, there is enough strength in the trends, combined with statistical demographic data, to draw out some interesting observations. The generations are described in the following table: Y © Cohort Traditionals (Veterans) Boomers GenX (Baby Busters) GenY (NetGen, Millennials) 9/11 (Gen Next, GenZ) 28 O Birth year born before 1945 born 1946 – 1964 born 1965 – 1976 born 1977 – 1997 born 1998 to present Age at 2010 65 + 46 – 64 34 – 45 13 – 33 12 and under NETWORK O Winter 2010

Table of Contents for the Digital Edition of Network - Winter 2010

Network - Winter 2010
HRIA President’s Message
HRIA Board of Directors
The Legalities of Mandatory Retirement
Unwanted Early Retirement
Baby Boom or Bust Strategies for Dealing With a Rapidly Aging Workforce
Retirement: Private Savings Plan Contributions Decreasing
Baby Boomer Steps
Retirement Is About More Than Just Money
What‘s Happening Here? HR’s Evolving Role in Dealing With Different Generations
Retirees Need a Game Plan
The HR Office
Index of Advertisers

Network - Winter 2010