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Time to tailor it by generation
Published on
January 19, 2024
Note: This post is part of our Special Report: Top 10 people & culture trends for 2024.
As employers grapple with ways to boost productivity and lead a distributed workforce, the topic of performance keeps coming up. It’s especially complex today because, as the life expectancy has increased in Canada, and some people are staying employed longer, we now have up to five generations in the workplace.
Each generation tends to view feedback differently and has varying views of technology and preferences for recognition. When delivering feedback, it’s important to understand who you’re talking to, especially since generations in the workplace are predicted to change over the next few years, spurred by growing retirements.
Today, millennials comprise roughly one-third of Canada’s workforce, and Gen Z—one of the most diverse of all generations—is poised to make up 27% of the global workforce by 2025, so it’s critical to attract and retain workers of this generation.
How can you develop a performance strategy that works for everyone?
Each of us is influenced by a range of factors—generational, cultural, political, religious, geographical, socioeconomic etc.—resulting in an eclectic mix of team members with varying personalities and work styles. While it’s impossible to tailor performance strategies to each person, in general, studies have found that people born in different generations prefer to receive feedback in distinct ways.
Digital natives, Gen Z came of age with cell phones, social media and new technologies like AI. Many of them entered the workforce remotely and have never known in-person work.
Many millennials started their careers at the beginning of the Great Recession and have since experienced high student loans, inflated living costs and global crises. Rather than receiving old-school ‘constructive criticism,’ this generation tends to prefer being coached. According to Forbes, instead of offering feedback, it’s better to offer your perspective. Here are five tips:
People born in this generation have been called “latch-key kids” because they were among the first to see both parents enter the workforce in large numbers. As such, they’re known to be self-sufficient, resourceful, autonomous and results driven.
On average, baby boomers hold 12 jobs over their lifetime—only half of which are after the age of 24—so they tend to have a heightened sense of loyalty. They value hard work, structure and clear goals.
In addition to the tips above, for all generations:
Read our next trend to watch in 2024: Trend 10: Mental health in 2024: Beware of “wellbeing washing”