
Courtesy Walrath Recruiting Inc.
By Renee Walrath
Have you ever had an office lunch, enjoying the conversations around you, while not having a clue what your coworkers are talking about? This is more than likely caused by the generational shift in our workforce. 2024 marks a landmark year where four generations are in the workforce simultaneously, what is more, baby boomers will become outnumbered by millennials and Gen Z. What does that mean for companies moving forward? Quite simply, businesses need to start embracing change and evolving with the workforce. This article explores these generational differences and strategies for a cohesive workforce.
What best motivates workers from each generation?
Baby Boomers – make up 25% of the workforce – are generally motivated by duty and company loyalty. They are often described as workaholics, with their professional achievements defining them. Gen X – makes up 33% of the workforce – often defined as the work hard, play hard generation. They prioritize their personal or professional interests over their companies, working to live not living to work. Millennials currently make up the majority of the workforce at 35%. They are often considered job hoppers of the generations because they have no problem leaving a role that does not align with their values. Gen Z – make up 5% of the workforce – is often seen as the lazy generation because they do not want their job to be what defines them. Both Millennials and Gen Z are motivated by diversity & inclusion, and seek companies aligned with their values, generally having the least regard for salary.
How does each generation approach their work style?
Different generations have different methods of getting the job done. Boomers are very career-centric and goal-oriented. They derive from the mindset that working long hours is how to get ahead. On the other hand, Gen X and Millennials strive for a better work-life balance. Both generations seek more flexibility and remote or hybrid options. Gen Z is more entrepreneurial and emphasizes the expression of individuality and creativity.