The Five Basic Needs of a Multigenerational Workforce
Much has been written about the differences between the four generations composing today’s multigenerational workforce. For example, below are some common generalizations that have been made for each of the generations.
- Traditionalist (conformists, consistent, and experienced)
- Baby Boomers (youthful identity, optimistic, and want opportunity for growth)
- Gen X (entrepreneurial, multi-task, and comfortable with change)
- Gen Y (new to the workforce, tech savvy, and require a work/life balance)
In order for an organization to achieve success in executing strategy and creating sustainable high-performance, bridging the gap between these generations to create a collaborative work culture is absolutely essential. Yet, this begs the question, “How?” Although there is not a simple answer to this question, a great starting point is to focus on what is common and consistent across each of the generations. We believe that there are five fundamental needs that are consistent across every generation. They include:
- Satisfying Work – People, regardless of generation, want the opportunity to do satisfying work that aligns with their purpose and goals.
- Trust and Respect – It is imperative to all the generations that they are trusted and respected as individuals.
- Learn and Grow – The ability to learn and grow in a way that best suits their lifestyles and particular career goals is an essential need to each generation.
- Recognition and Rewards – Being recognized as an individual in a meaningful way will nurture their feeling of accomplishment in their role.
- Effective Leaders – Feeling confidence in leadership and knowing that the company and their roles are being managed by effective leaders fills a basic need.
By focusing on solutions that attempt to fulfill these needs, you can begin to create bridges across the various generations. Moreover, using these needs to unify your workforce is an advantage to your business and its employees, helping you to gain attraction, retention, and job satisfaction of high-performing employees from all generations!
