Millennials and Generation Z

A great leader can motivate his or her team to achieve the highest levels of performance, but the best know how to lead by influencing others. Known as 360-degree leadership, this technique is something everyone – regardless of title or position – can use to make an impact.  360-degree leadership is for everyone A common […]

Millennials make up the largest living generation by population size in America – reaching over 75 million strong last year, according to Pew Research. This young generation has rapidly gained majority share of the workforce and brings an entirely new set of needs to the office. But not every organization is equipped to attract and […]

Budgeting, borrowing and debt management can be intimidating topics to even the most experienced professionals. But according to Harvard finance professor Mihir Desai, teaching financial literacy to today’s workforce — especially millennials — is important. In our most recent episode of the HR Break Room podcast, Desai, author of The Wisdom of Finance: Discovering Humanity […]

In today’s increasingly technology-heavy workplace, the millennial workforce continues to grow and thrive. According to the Pew Research Center, the millennial labor force surpassed Generation X as the largest in the workforce in 2015. In fact, Pricewaterhouse Coopers estimates that millennials will make up 50% of the workforce by 2020. Listen now to our HR Break […]

Workplace Communication Across Different Generations Managers face many difficult challenges in the workplace, but one obstacle that often is overlooked is the need to communicate with up to four different generations in a single office setting. From the 18-year-old intern to the 72-year-old seasoned professional, human resources professionals need to find a balance between them […]

What Do Millennials and Today’s CEOs Have In Common? HR industry experts have devoted a lot of time and research into demystifying millennial employees, only to discover that this younger generation has more in common with mature, seasoned employees than once thought. This is especially true when it comes to the desire for day-one productivity. […]

5 Steps to Growing Future Leaders As baby boomers retire and thriving companies encounter rapid growth, one issue facing organizations today is the ability to identify new leaders. Leadership is a skill that’s not quickly or easily taught. It requires experience, coaching and formal training. Unfortunately, the time and financial investment required to build up an […]

The Millennial Expectation of Technology in the Workplace Tom Brokaw has called them the “greatest generation since the “Greatest Generation.” They have had more screen time than any other generation in history. They are millennials, and they are no longer the up-and-coming generation. This group of people – born between 1980 and 2000 – already […]

For decades, MBAs and banks were the perfect match. But now, a generational workforce shift has left banks stumped on how to engage millennial talent, who feel like the thrill is gone.

Whether HR professionals and executives realize it or not, the workplace is changing. Baby Boomers are slowly beginning their exit from the workforce and millennials are filling the vacancies. In fact, research from the Pew Research Center indicates that millennials are now the largest age group in the U.S. labor force.

For years now, members of the Baby Boomer generation have been running operations at major corporate entities, but recent data suggests that the workforce is changing and so too is its leadership. According to a recent Gallup poll, 31 percent of today’s workforce is approaching or reaching 61 years of age – the average age of retirement – or 65 – the traditional retirement age. With impending retirement threatening the frontlines, businesses need to prepare for new leadership to take reign. Enter Generation X.

A new generation will soon be entering the workforce, specifically referred to as, Gen Z (those born between 1995-2009) or the connected generation; whatever you call them. This group of digital wiz kids is a new breed of employee, never knowing life without high-speed internet, smartphones and unlimited access to media technologies. If you’re down and out trying to manage millennial workers, just wait until Gen Z starts knocking on your door.