ATD Blog
Generation Y: Four Things That Won't Change in the Workplace Regardless of the Economy
Wed Feb 18 2009
(Vocus/PRWEB, February 18, 2009) "Over 80% of the people in Deloitte's workforce are under 35, so we've got to get this right." - W. Stanton Smith
Stan Smith is national director, Cross Generation Initiatives at Deloitte LLP and author of Decoding Generational Differences: Fact, Fiction...or Should We Just Get Back to Work? An expert in workforce attitude trends, Mr. Smith shared recent research findings with Peter Clayton on TotalPicture Radio, "trends that are long term that are shaping the generation Y (millennials') expectations of business, employers, and careers as well as how they prefer to work."
Given the current global financial crisis, many business leaders assume that employees -- generation y, generation X, baby boomers or whatever—are just happy to have a job, and resources once committed to "soft skills" and "perks" such as onboarding, retention, coaching, leadership development, communication, and flexible work schedules can be ignored. "Not so," according to Smith. Especially with the much discussed generation Y. For talent-aware businesses like Deloitte, continuing to invest significantly in talent acquisition and retention, the list of "things" uncovered in his research studies that "won't be changing" represent significant opportunities for smart employers; and serious problems for those who choose to ignore them.