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Managing Your Employees By Age
Kids today, they hate everything. Or at least, they hate the companies they work for, probably including yours. But here's news: savvy managers can solve the problem: FREE!
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Kids today, they hate everything. Or at least, they hate the companies they work for, probably including yours. But here's news: savvy managers can solve the problem: FREE!According to a new study from Leadership IQ, only 30% of workers "21-30 would strongly recommend their organization as a good place to work." That compares to 47% of workers ages 61-70.
"Age is positively correlated to workplace satisfaction, so the older you are, the more likely you are to have a high opinion of your company" says Mark Murphy, Chairman & CEO of Leadership IQ. "And a big cause of this seems to be that each age group is motivated very differently."
Here's the deal: It seems younger workers don't care about money, the environment, or climbing the corporate ladder. What they want is for their boss to recognize and praise their accomplishments. But only 39% of younger workers say their boss does a good job of recognizing and praising their accomplishments. According to Murphy:
"What's disturbing is that 6 out of 10 younger workers are being actively demotivated because their boss won't give them the one thing they really care about. And these results are especially disappointing because praise and recognition don't really cost anything."
So, here's your chance. If you want to keep competitors -- or even multinational corporations -- from stealing your best young talent, all you have to do is pat them on the back once in a while.
That should be easy, right? No matter how spoiled and self-absorbed you might secretly think they are...
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