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How Different Generations Affect Company Culture November 11, 2015 (0 comments)

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Brentwood, TN—By now, most jewelers who want to sell to Millennials have added at least one, if not more, Millennials to their payroll.

Three generations—Boomer, Gen-X, and Millennial—currently are in the workplace. A recent survey by CareerBuilder and reported in HR Daily Advisor examined the different expectations and attitudes of each of those generations, plus a fourth cohort, currently in high school, that soon will enter the workplace.

Not surprisingly, each generation has its own ideas of how to define success, as well as its own idea of what should and shouldn’t be acceptable in the workplace. Rosemary Haefner, chief human resources officer of CareerBuilder, said, "While workplace expectations can vary widely among different generations, one thing they have in common is the want to be successful in their positions. Introducing programs that promote learning and collaboration—such as mentoring—can help workers of all generations achieve that together."

Money provides an interesting divide between current and future workers. High school students are more likely than current workers to equate success with high salaries. More than half of current workers feel one can be successful earning less than $70,000 per year; only 36% of high school students say they would consider themselves successful at that income. 23% of current workers—vs. 39% of high school students—define success at a minimum of $100,000 per yeare. But students, more so than current workers, also equate success with making a difference and having a sense of accomplishment.

Other highlights:

Read more here and here. And here is an essay from Forbes magazine, written by a young leader who was promoted to a department head at age 25 and how he won the respect of employees twice his age.

Top image: Forbes

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