Millennial CEO of Millennial Company staffed entirely by Millennials
Posted On May 31, 2016
We’ve given quite a bit of attention in past blogs to the concept of a millennial workplace. Although some millennial expectations may border on the absurd and seismic change may alienate older workers, many companies are transitioning toward a working environment that caters to a younger workforce. But what if millennials are running the company? Not only are millennials now the largest segment of the workforce, many are either moving into leadership roles or starting their own firms. Hoverboards for everybody! A Keurig and a basket of granola bars in every room and a basketball goal outside the CEO’s office!… Read More
Categories: Generation Y / Millennials
Boomers delaying retirement? Not wanted. Needed.
Posted On May 24, 2016
Retirement? What’s that? Though there is some disagreement as to the degree of this phenomenon, it appears that Baby Boomers are typically working longer than their forebears and retiring later in life. TheStreet.com cited a Northwestern Mutual study that found our typical target retirement age is now 68. A Wall Street Journal examination of the trend in 2014 found that 25 percent of 70-year-old men were still in the workforce or looking for work, compared to 20 percent in 2000. The 20 percent of 70-year-old women still in the workforce in 2013 was nearly double that of 2000. Why are… Read More
Categories: Baby Boomers, Retirement
Succession Planning – The Time is Now
Posted On May 17, 2016
The Great Recession of the late 2000s wreaked havoc on most of our plans in some way. Plans to buy or sell a house, plans to fund a college education, plans to move up in our careers to a better job – all had to be postponed, downsized, or even abandoned until the economy started moving again. The downturn also affected succession planning for Baby Boomers, many of whom set aside long-term necessities while dealing with short-term realities. A recent story at campdenfb.com cited a 2016 Kreischer Miller report, which surveyed family businesses in Pennsylvania, New Jersey and Delaware, and… Read More
Categories: Baby Boomers, Retirement, Succession Planning, Workplace
The Millennial Fascination with Sanders
Posted On May 5, 2016
If there’s two things we’ve learned during this election cycle, it’s that Donald Trump doesn’t care for protesters and millennials love them some Bernie Sanders. A recent Harvard IOP poll found that Sanders is the only presidential candidate with a net positive favorability rating among voters between the ages of 18 and 29. Well of course, you may say: The entitled generation wants free stuff. Of course, they are supporting a man who refers to himself as a democratic socialist. It’s interesting, however, that the same Harvard poll found that two-thirds of its millennial respondents did not support socialism. While… Read More
Categories: Generation Y / Millennials