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HOW TO ATTRACT AND RETAIN THE “YOUNG & THE RESTLESS(GENERATION Y) Myra Golden

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Slides from my prentation to the Salina Chamber of Commerce

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Page 1: Generation Y in Workplace

HOW TO ATTRACT AND RETAIN THE “YOUNG & THE RESTLESS” (GENERATION Y)

Myra Golden

Page 2: Generation Y in Workplace

VETERANS (1922 – 1943) “RADIO”

Outlook: practical Work ethic:

dedicated View of authority:

respectful Leadership by:

hierarchy Relationships:

personal sacrifice Perspective: civic

Compelling Messages of Their Formative Era: Make do or do

without Stay in line Sacrifice Be heroic Consider the common

good

Page 3: Generation Y in Workplace

BABY BOOMERS (1943 - 1960) “TELEVISION”

Outlook: optimistic Work ethic: driven View of authority:

love/hate Leadership by:

consensus Relationships:

gratification Perspective: team

Compelling Messages of Their Formative Era: Be anything you want

to be Change the world Work well with others Live up to the

expectation Duck and cover

Page 4: Generation Y in Workplace

GENERATION X (1960 - 1980) “COMPUTER” Outlook: skeptical Work ethic:

balanced View of authority:

unimpressed Leadership by:

competence Relationships:

reluctant to commit Perspective: self

Compelling Messages of Their Formative Era: Don’t count on it Remember – heroes…

aren’t Get real Survive- staying alive Ask “why?”

Page 5: Generation Y in Workplace

GENERATION Y (1980 -) “INTERNET”

Outlook: hopeful Work ethic:

ambitious View of authority:

relaxed, polite Leadership by:

collaboration Relationships:

loyal Perspective: civic

Compelling Messages of Their Formative Era: Be smart – you are

special Leave no one behind Connect 24/7 Achieve now! Serve your

community

Page 6: Generation Y in Workplace

HOW TO CHANGE THE FACE OF YOUR WORKPLACEMoving into a Generation Y Workplace as Baby Boomers Retire

Page 7: Generation Y in Workplace

A CLOSER LOOK AT GENERATION Y

Page 8: Generation Y in Workplace

THE GENERATION Y PERSONALITY

Don’t expect to stay in a job too long

Believe in their own self worth

Expect constant recognition and feedback

Technically savvy Work/life balance is

not a buzz word

Page 9: Generation Y in Workplace

THE GENERATION Y PERSONALITY

Focus on children & family

Scheduled, structured lives

Connected Inclusive Civic minded Goal oriented

Page 10: Generation Y in Workplace

WHAT GENERATION Y NEEDS FROM YOU

Fair and direct Engaged in their

professional development

Training in people skills

Training to increase their marketability

Page 11: Generation Y in Workplace

WHAT YERS VALUE IN THE WORKPLACE Positive relationships

with colleagues Attractive salaries Exposure to

challenging assignments

Opportunities to expand skills and knowledge

Flexibility in work schedule

Page 12: Generation Y in Workplace

THE 7 GEN Y RETENTION STRATEGIES

1. Be direct and ethical

2. Develop individualized career tracks

3. Equip them with the latest technology

Page 13: Generation Y in Workplace

THE 7 GEN Y RETENTION STRATEGIES

4. Support their values, individuality and self expression

5. Provide adequate training6. Offer mentoring support and thorough

feedback7. Convey how their work affects the

bottom line

Page 14: Generation Y in Workplace

6 WAYS TO REMAIN ATTRACTIVE TO YERS

1. Be available, but give them room

2. Tell them the “why”3. Let them be

problem solvers

Page 15: Generation Y in Workplace

6 WAYS TO REMAIN ATTRACTIVE TO YERS

4. Provide a life-work balance workplace

5. Don’t be authoritative or paternal

6. Encourage them

Page 16: Generation Y in Workplace

BRIDGING THE GAP

Create Intergenerational Teams

Veterans enjoy mentoring and Ys are typically eager for mentoring

Boomers, Xers, and Ys are strong collaborators

Page 17: Generation Y in Workplace

BRIDGING THE GAP

All interested in learning

Ys used to and want instant feedback

Teaming Xers and Ys

All looking for flexibility in today’s workplace

All value meaningful work

Page 18: Generation Y in Workplace
Page 19: Generation Y in Workplace

“If people would believe in us like Special Olympics and see what we can do, they would be amazed. My ambition in life is to turn ‘no’ into ‘yes.’  If someone says I can’t do something, I want to prove I can.”

Suzanne O’Moore, Special Olympics athlete

Page 20: Generation Y in Workplace

TOP 6 WAYS TO BE INCLUSIVE IN YOUR RECRUITMENT

1. Establish partnerships (i.e. Sponsor a Special

Olympics event)2. Use government organizations and job

boards3. Utilize peer and family connections4. State “People with disabilities encouraged to

apply” in your ads5. List only job requirements that are absolutely

essential 6. Consider a 1-2 week job trial

Page 21: Generation Y in Workplace

RESOURCES FOR HIRING DISABLED WORKERS

EarnWorks.com - Business Case for Hiring Disabled Workers http://www.earnworks.com/BusinessCase/roi_level2asp

Office of Disability Employment Policy - U.S. Department of Labor Resources http://www.dol.gov/odep/

Recruiters Network - Career sites for the disabled. http://www.recruitersnetwork.com

Career Search Opportunities - Job search, resume database for both employers and disabled candidates. http://www.newmobility.com

President's Committee on Employment of People with Disabilities - The "grandaddy" of all sites for employment of people with disabilities. It hosts a list of over 80 employers who are actively recruiting disabled workers. Some of these employers may be your competitors. Consider participating in this recruiting program yourself. http://www50.pcepd.gov/pcepd

Page 22: Generation Y in Workplace

Business EDUCATIONWithout EXECUTION

Is just ENTERTAINMENT