Navigating workforce demographics: Addressing the needs of a multigenerational workforce
Handling a multigenerational workforce comes with multiple nuances that have to be navigated with care and respect. Today’s workforce is a vibrant mix of generations – exchanging experience and knowledge, bringing cutting-edge ideas to life using tried-and-tested methods.
As one of the largest employers in the country, we understand that a multigenerational workforce isn’t merely a managerial skill, but a strategic imperative. The modern workforce typically spans four generations: Baby Boomers (1946-1964), Generation X (1965-1980), Millennials (1981-1996), and Generation Z (born after 1996). Each generation has unique cultural and technological influences. Baby Boomers value job security, Generation X prioritizes work-life balance, Millennials seek career development, and Generation Z values diversity and mental well-being.