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Ready or not here they come

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Birth rates are declining ... People are staying in school longer or returning to school ... This includes everyone from rock stars to the president. ... – PowerPoint PPT presentation

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Title: Ready or not here they come


1
Ready or not here they come
  • Presented By
  • Sophie Gravel
  • Director, Monitoring Station
  • Reliance Protectron
  • Collaboration from
  • Vivianne Bridgeman Director, Human Resources

2
Labour Force
  • Birth rates are declining throughout the world
  • Population is aging
  • Many countries have an inverted population
    pyramid
  • Age at which people are retiring is changing
  • People are staying in school longer or returning
    to school
  • Greater competition for labor internationally
  • Increasing skill intensity of employment
  • Within the next decade, for every 2 people that
    are retiring, there will be less than one person
    to take their place

3
Challenges
  • Recruiting / Attracting Employees
  • Retaining Key Talent
  • Older Workers Reporting to Younger Managers
  • Career Opportunities for Younger Generations
  • Cultural Issues Between Generations

4
Who are they, Generation gaps differences
5
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6
Work attitude ethic clashes
7
Where the Generations Clash
8
Does this sound familiar.
The New Workforce
  • They have no work ethic, they are just slackers
  • So I told my boss if you are looking for
    loyalty, buy a dog!
  • A hiring bonus? At this age, I was grateful to
    have a job
  • I am so tired of hearing about what happened on
    the weekendcant they just come to work and do
    their job

9
Generation Y Cons
  • Impatient Raised in world dominated by
    technology and instant gratification.
  • Skeptical In recent years there has been more
    scamming, cheating, lying and exploiting than
    ever from the major figures in the media. This
    includes everyone from rock stars to the
    president.
  • Blunt and expressive Self expression is favored
    over self control. Making their point is most
    important.
  • They are image-driven Making personal statements
    with their image is very important.
  • They are still young Although they have a seen
    it all, done it all air about them, lack of life
    experience means that they dont know everything
    yet. They are aware of this and are not afraid to
    ask questions. For this generation, it is better
    and more time-saving to ask questions, than to
    waste time trying to figure it out.

10
Generation Y Pros
  • Adaptability Generation Y is used to adapting
    and being comfortable in various situations.
  • Technologically savvy Growing up in the age of
    technology and taking advantage of it.
  • Ability to grasp new concepts This is a
    learning-oriented generation.
  • Efficient multi-taskers They will do it faster
    and better than their competition.
  •  

11
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12
Motivation can it be done ? Engage me or enrage
me !
13
Road Map Key drivers
  • Leadership Vision
  • Involve your people value their Input
  • Set objectives
  • Look after your reputation
  • Communication 

14
  • You have secured a member of Generation Y as a
    part of your team. Now what?

15
This generation does not expect, accept or
understand the same rules and regulations as its
predecessors. Elements of the workplace important
to this generation include
  •     

  • Good relationships with bosss and co-workers
  • Income
  • Opportunity for growth
  • Opportunity to show off skills and receiving
    recognition of a job well done
  • Challenging daily work
  • Flexible schedules for social and personal time
  • A casual dress environment

           
16
Questions to Ask Ourselves
  • Are we creating a culture that will attract and
    retain the best regardless of the generation?
  • Are our leadership actions based on what people
    need, not what we are most comfortable with?
  • Do we provide opportunities to bridge gaps
    between the generations to ensure myths do not
    dominate office behavior?
  • Have we considered the effect of our physical
    space on the needs of the generations we employ
    now and will employ in the future?
  • Are we having this conversation with our leaders
    and frontline staff?

17
  • Generation Y is just beginning to impact the
    workforce in a profound way. To effectively
    manage this group, changes will be needed in
    culture and management style.

18
Y not !
19
  • Generation Y will bring new ideas and values into
    the workplace. They are highly educated, willing
    to learn, technologically savvy and motivated.
    Understanding and being sensitive to the needs of
    these workers will be the key factor in
    recruiting and retaining them. If you want them
    to care about your company, show them that you
    care about them.
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