The age range of the current employment landscape is diverse as ever. With baby boomers working later in life and Gen Z just entering the workforce, the four generations are being forced to work in one shared environment for the first time ever.
CHICAGO (PRWEB) September 16, 2019
Over 90% of employees are satisfied with the diversity of age ranges in their workplace, according to a study released today by Addison Group, a professional services firm specializing in consulting, staffing, and executive search. A surprising statistic given the generational divisions that are frequently highlighted in media culture.
Surveying over 1,000 full and part-time employees, Addison’s report, Age is Just a Number: The Truth Behind Generational Stereotypes at Work, found that 86% of employees agreed that their colleagues within their age are respected in the workplace. Further, 79% of respondents reported that they would take a job at a company where the makeup skewed older than them, and 75% would take a job at a company with a younger makeup – highlighting that age is not a deterrent when it comes to whether or not they accept a new job.
There is some tension, though. Thirty-five percent of respondents reported feeling that their workplace’s culture and processes favors one generation over others, with 45% of them reporting that it is mostly skewed toward millennials. However, respondents agree that with different ages in the workplace comes a variety of strengths within each generation. Employees reported liking Gen Z (56%) and millennials’ (52%) tech-savviness, Gen Xs’ work ethic (64%) and baby boomers’ leadership (48%). According to Tom Moran, CEO of Addison Group, “combined, these attributes make for a well-rounded and collaborative workplace environment.”
Additionally, Moran states, “The age range of the current employment landscape is diverse as ever. With baby boomers working later in life and Gen Z just entering the workforce, the four generations are being forced to work in one shared environment for the first time ever. One might think that differences in work styles may clash, but the key to a harmonious workplace is understanding how each generation works together--their strengths, weaknesses and everything in between--and this report highlights just that.”
However, one area that generations differ is the factors that play into their loyalty to a company. Gen X (63%) and baby boomers (67%) cite the work they do as their greatest loyalty factor, while Gen Z reports work-life balance (64%) and millennials, salary (62%).
Additional key findings from the report include:
- Gen Z (44%) and millennials (41%) negotiate salary the most compared to Gen X (33%) and baby boomers (19%)
- Of all generations, 95% of employees report getting along best with millennials, followed by Gen X (94%), baby boomers (83%) and Gen Z (82%)
- Second to millennials (45%), Gen X (35%) receive the most favoritism, followed by baby boomers (13%) and Gen Z (7%)
For additional insights, download the full report here.
About Addison Group
Addison Group is a professional services firm offering industry-leading expertise with a national reach and a localized touch. Specializing in Information Technology, Finance & Accounting, Healthcare, Administration, Human Resources, and Engineering, Addison Group offers a full suite of professional services, including consulting, staffing and recruiting, and executive search through its network of companies and dozens of offices throughout the United States. Founded in 1999, Addison has been repeatedly recognized by the media as one of the fastest-growing private companies in the United States as well as a top workplace and a Best of Staffing Company by Inavero. Learn more at https://addisongroup.com