HRO Today April 2019 - 34

Workforce Management
The FUTURE is BRIGHT
Recent research fi nds that millennial and Generation Z leaders are
changing the world of work-for the better.
By Zoe Harte
Millennials and their younger Generation Z counterparts
frequently face criticism over their commitment to the
workforce and are often labeled as lazy and entitled
and described as " snowfl akes. " Yet these younger
generations are poised to change the future of work. As
these digital natives become the dominant generation
in the workforce, they are quickly squashing these
misconceptions and bringing their positive infl uences to
build their vision of a new work paradigm.
The third annual Future Workforce Report, conducted
by independent research fi rm Inavero and commissioned
by Upwork, paints an entirely different picture of the
millennial generation and Gen Z compared to traditional
stereotypes. The research reveals this cohort as
instrumental in proactively transforming the workplace
[34]
HRO TODAY MAGAZINE
|
APRIL 2019
of today into one that positively refl ects the way they
want to lead.
The generational mix of today's offi ce is changing
rapidly: By 2028, millennials and Gen Z will comprise 58
percent of the workforce, up from 38 percent today, and
the share of baby boomers will drop to 13 percent, with
Generation Xers as the remaining 29 percent.
Already, nearly half of this younger generation hold
positions of infl uence-that is, currently at director level
or above-and they are using this power to redefi ne
work, leadership, and career management on their own
terms.
Two key factors are at play. First, these generations are

HRO Today April 2019

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