Boomers and Xers make up 88% of the workforce, but only about 27% are actively engaged employees, according to the most recent Gallup research. In fact, the only generation with a strong margin of actively engaged employees was the Traditionalists (I call them the Matures), whose engagement profile is 44%…
Categories: Generations, WorkplaceThe United States military is the top employer of Millennials in the US, according to an innovative survey by Millennial Branding. The survey extracted employment data from 4 million Millennial Facebook profiles. It also found that Wal-Mart employs more Millennials than any other private sector employers. Rounding out the top…
Categories: WorkplaceGood article in Forbes blog on parents getting involved with their kids job. I had a long conversation with a client last week over this very thing and many in the audience were incredulous that something like this would be happening out there. It is indeed and is coming to…
Categories: Baby Boomers, GenerationsMillennials are looking for jobs that offer training and the chance to move up, according to new survey by PricewaterhouseCoopers (PwC). “Opportunities for career progression” is the most attractive feature of a prospective employer, cited by 52% of Millennials surveyed. Salary came in second at 44% and training and education…
Categories: UncategorizedMany of the oldest, or “Leading Edge” Baby Boomers are staying on the job longer because they like to work or they haven’t saved enough for retirement. But a good number of them simply wish they had that option. Older Boomers who have lost their jobs due to the recession…
Categories: Baby Boomers, Generations, WorkDespite the tough job market they face, Millennials are still determined to find employment that matches their values, according to a recent Deloitte survey. The survey found that 70% of young Millennials say a company’s commitment to the community would influence their decision to work there. Even 61% of Millennials…
Categories: WorkplaceMillennials are reshaping the workplace with their numbers and their values. A recent Time analysis of recent studies of the Millennial workforce provides a glimpse of the ways that it will change the way we work. For starters, the world’s workforce will be majority-Millennial in just a few years. As…
Categories: Generations, WorkplaceWe’ve typically characterized Millennials as an optimistic generation but that outlook may not survive their present circumstances. According to a widely publicized Newsweek story, Millennials are now America’s most “screwed” generation. The story cites a host of scary statistics: Millennials’ net worth fell 37% from 2005-2010 (Matures’ fell 13%). The…
Categories: Home Ownership, Recession Economy, Training IndustryJust when Generation X is reaching its peak career and earning years, they are finding that the Baby Boomers won’t get out of their way. Many Boomers are delaying retirement due to the recession or simply because they prefer to work. In fact, the participation rate in the labor force…
Categories: Baby Boomers, WorkFaced with bleak employment prospects and a business climate increasingly geared toward independent consultants, more and more Millennials are opting for freelance employment as independent contractors than ever before. In a recent Elance survey, 83% of Millennials said they expected freelancing to be part of their career path and only…
Categories: Workplace