The Rea Report | Fall 2021 | Page 15

U G G L E

TO FIND , RETAIN TALENT

Gen X , as the nation ’ s largest living adult population , according to the U . S . Census Bureau , while data suggested Baby Boomers were staying in the workforce longer ( at the highest rate for people their age in more than 50 years ). By 2020 , the number of Boomers retiring from the workforce had more than doubled .
Extensive research tells us the ideologies and core values demonstrated by Gen Z and Millennials are vastly different in many ways from their predecessors . From compensation and paid time off , to workplace amenities and access to volunteerism activities , younger generations are shifting the power dynamic and demanding changes , benefits , and greater flexibility in exchange for employment . and Gen X when compared to Millennials and Gen Z regarding their level of comfort with technology . Immersion in technology took hold naturally among Millennials and Gen Z , while older generations weren ’ t as easily convinced . Even so , the benefits of technology were clear and more businesses than before were beginning to embrace greater tech-savvy business models .
Then , as we saw with other workforce concerns , the pandemic hastened the adoption of technology worldwide . Overnight , many business owners had to embrace technology just to keep their doors open and employees on the payroll . Inadvertently , the pandemic fostered a situation that led to similar results as the tech boom with Millennials and Gen Z . Suddenly ,
D I D Y O U K N O W ?
In a meta-analysis of businesses and corporations
nationwide from Business Wire by Berkshire-Hathaway ,
data showed productivity , overall , rose 47 percent
for workplaces that went virtual or
offered remote work options .
How Are Some Employers Addressing The Generational Shift ?
• Flexible work scheduling – offering 4-day work weeks , earlier or later work times , and schedules that are more closely managed by the employee
• Opportunity for gym and health club-related refunds , allowing employees to explore tools for better physical wellness
• Work-from-home and hybrid work options
• Stronger business-wide focuses on volunteerism and activism as values
• Increased wages and opportunities for raises
Technology : The Wedge Between Us Or The Tie That Binds
The world continues to witness monumental change , particularly in the area and advancement of technology . We have seen clear differences between Baby Boomer every other generation began to accept and explore tech at rates that rivaled their younger counterparts , and workers who previously would not have considered virtual work options began to see it as a viable option – redefining standards for what the workplace could be across the board .
How Are Some Employers Helping Their Employees Embrace Technology ?
• Offering comprehensive training sessions on various programs used by your company , including Zoom , Microsoft Teams , and Outlook
• Providing ongoing messaging about the various benefits associated with remote work
• Paying for additional hands-on instruction
• Providing continued technical support on a case-by-case basis
• Encouraging exploration into new technology as it ’ s available and instructing employees of its purpose and benefits to the business overall continued >>>
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