The Millennial Generation

The various gaps would also have a huge impact on a particular workplace depending on the modernity of the year. Although the generations by definition are somewhat different, the Baby Boomers generation includes people born from 1961 to 1976 (Glass 2007). Because Generation X is so much smaller than the Baby Boomer generation there is predicted to be a labor shortage within the next fifteen years. The oldest members of the Baby Boomer Generation are beginning to retire and Generation X is not large enough to replace them. This leads to shortage in the supply of highly trained employees which put the employers of offering better benefit than another company. Hence the employees took advantage of this position to job hop from one position to another or even worse from one place to another when they find a better benefit (eg : higher salary, higher medical benefit and even more leaves). Because of this unhealthy habit, the Human Resouce has come up with one HR policy as employee retention.

The baby boomer generations started in 1943-1960 after world war two and the traditionalist felt safe they were able to have more babies than any other generation yet. They had so many newborn babies that a baby was born every nineteen seconds. This was the first time that mothers where able to enjoy their children and not have to worry about whether or not they could support them or that war would get in the way of a good living. There is also the idea that the baby boom was the result of the economy wanting to build up the number of its people so that they would be prepared for any war to come (Zemke, 2000).

Baby boomers grew up in a generation that had high hopes for the future of their country. More people mean’t more education, higher levels of income and thus more buying and spending than any previous generations in history. It was in itself, a generational movement of people who believed they were

Baby Boomers constructed America in the 1960s, and soon the Millennials will get their chance. Baby boomers are currently the largest generation of active workers. Research has shown that boomers identify their strengths as organizational memory, optimism, and their willingness to work long hours. Many earned, many still earn high incomes. The millennial generation, born between 1980 and 2000, are starting to enter businesses in large numbers. However, they do not have the same views and values when working compared to the Boomers. This Boomers grew up in organizations with large corporate hierarchies, and Millennials grew up with management structures and teamwork based job roles. By 2025, millennials will make up the 75% of the workforce replacing the Boomer generation. But, are they ready for the workforce and is the workforce ready for them? I think they would be ready if businesses are able to change and adapt towards them.

A generation can be defined as the period, cohort or age of a group of people. Age is seen as the age that the persons were when particular transitions or events in life take place. Period can be defined as the overall experience of a person’s lifetime. Lastly, cohort can be seen as the overall grouping of people who have shared events during their formative years that more than likely contribute to like-minded behavior throughout the duration of their lives. There are currently four generations in United States society: Silent Generation, Baby Boomers, Generation X and The Millennials. The silent generation was born between the years of 1930 and 1945. Significant events during this time period include but are not limited to World War II and the Great Depression. The baby boomer generation was born between the years of 1946 and 1964. Significant events for this generation include the substantial growth of the middle class as well as economic prosperity. Generation X is born in the time period of 1965-1979, this generation was brought together by the big energy issue as well as the Vietnam War. Lastly the final generation that is currently in the workforce are the Millennials. This generation was born between the years 1980 and 2001, this group is brought together by the 9/11 terrorist attacks as well as the internet

Baby boomers are people born between 1946 and 1964. The baby boomer generation will turn 65 by the year 2030. One-fourth of the entire population, will be seniors. With so many medical advances, many Americans are living longer, 5.8 million of seniors are expected to be older than 85. With so many baby boomers living longer, and the United States facing a growing rate of chronic diseases, we could be facing a health care crisis.

Millenials is the name given to the generation who reached adulthood around the turn of the 21st century, they were born during 1975 and 1995 which was the Cold War era. The millennial is given the nickname as the television or digital age. The popularity of television boomed in their time was a result of the Space Race and America's curiosity of what would have been called the impossible. In the 1940's there was only a few tv's but in the-the 1970's the amount of tv's surged to four million plus. The Millenials grew up in a society when the social norm was for an individual to watch tv five hours a day. The United States victory was largely contributed to great communication technology. An example was in the Civil War when President Lincoln would command the military thousands of miles away. What strengthened the Millenial ideology is communication and getting full

Different groups in America are classified by the eras that they were born into. The active generations who had the great impact on society today are the Baby Boomers and the Millennials (Debevec, 2013). In between the baby boomers and the millennials are the Eco Boomers and the Gen Xers (Kennedy, 2000). According to population projections released by the U.S. Census Bureau, Baby Boomers are the generation defined by the boom in U.S. births following World War II. They were born in the years between 1946 and 1964 (Brownstein, 2012). On the other hand millennials are the generation born in the years between 1981 and 1997 (Brownstein, 2012). There are 77 million boomers and 82 million millennials (Fallon, 2015). Both generations overlap in time, and are linked in that most of the Millennials are generally the children of the Boomers, but they are actually completely different in economics, education, politics, and lifestyles (Fallon, 2015).

Currently, there are five main generations. Traditionalists are the oldest generation, being born between 1900 and 1945. They only constitute 5% of the current workforce, as most have retired (Wiedmer 2015, 51). The baby boomers are the oldest and largest generation currently in the workforce (Wong et al. 2008, 878). This generation was born following World War II between 1945 and 1964, with approximately 76 million individuals (Wiedmer 2015, 52). Generation X was born from 1965 to 1981 and is also known as the baby busters because their birth rates are vastly lower than the baby boomers (Wiedmer 2015, 53). Generation Y, or the millennials, was born between 1982 and 1995 and grew up in a very different time compared to their predecessors, with

They deplore the fact that a post-secondary education is no longer an automatic ticket to the perks of a middle class lifestyle. They also demonstrate distaste for institutions and labels, and feel that freedom of expression and liberation of self is fundamental for positive change. On that token, one of the most controversial topics of comparison between the Baby Boomers and the Millennials is that of work ethic. Boomers are often thought of as being hard-working and industrious. They often tie much of their self-worth directly to their professional achievements. They are often competitive which drives them to take on a host of professional responsibilities. This keeps them motivated and self-assured. Millennials have a tendency to want to start at the top, side-stepping the entry level positions and the upper rings of corporate ladder that Boomers dedicated decades of their time to

Baby boomers grew up in an era of change. This generation’s lifestyle changed the world forever having many dramatic life changing events happen in this time. They started the area of technology.

Baby boomers were raised during the time period where success was attainable due to a strong financial foundation which allowed for financial and personal success that we might never experience again in the United States. This makes you want to go into a deep depressive state because this is what we want and want our children to have. History.com states that Baby Boomers are those who were born from 1946-1964 which made up 40% of the population. This is a scary to imagine because we only have 62.9% of the community in the workforce and that will decline as baby boomers retire. http://data.bls.gov/timeseries/LNS11300000 Earlier this week we read the article, “Aging in the United States – Past, Present, Future” which discussed the pyramid to

Conflict between baby boomers and millennialMillennials refers to those born between the early 1980s and 1990s and also include those born in the early 2000s. They are also known as generation Y. They have been described as lazy, prone to jumping from job to job, and narcissistic. Millenials want to have flexible working schedules focused on materialistic things and are open-minded. They are avid consumers and highly sociable people. They are also open to change, and require supervision at the workplace.

There are many challenges facing managers and leaders in current workforce. The variety of cultures, races and generations in today’s environment is making work harder. “Managing will also get even more difficult because of globalization, multi-generational workforce, dependency on technology, unethical behaviors and practices.” (Kaifi,2013,pg.217). In this paper I will talk about the three generations that we have had over the past sixty years – the Baby Boomer Generation, Generation X and the current Generation Y, known as Millennials. This rich mix of generations in the workforce can be attributed primarily to labor shortages experienced in many industries and the rising average age of retirement.

Baby Boomers are self-assured, and independent. They also have a strong work ethic and aren’t afraid of hard work. They prefer structure, a right path of learning to reach their goals. Baby boomers aren’t afraid to put in a hard day of work when it is due. Baby boomers aren’t familiarized with technology. They appreciate a good challenge, and accept a mission to increase their knowledge and push them past their limits. Unlike Baby Boomers, Generation X is familiarized with technology and incorporates it when necessary. Generation X tends to entrepreneurial thinkers and reality driven, and their mentality is will lecture assist them in the real world. These two groups come from a different background and the way they view behavior.