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Collaboration vs.
Collision
Why This Book Now?
According to the Bureau of Labor
Statistics the average cost of turnover
without engaging an outside recruiting
firm costs an employer a minimum
of 30% of the position’s annual
salary.
This number does not take into
account the soft costs such as loss of
production, re-training, loss of morale
and potential loss of customers.
Engaging Yourself. . .and Others
• Introductions
o Name
o Role
o Favorite TV show or toy as a child
3 ©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
The Generational Workplace
4 ©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
The Essentials
5
Life Events
Current Events
Culture
Personality
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
6
Welcome to the New Workplace
“Work First”
“Live to
Work”
“Work to
Live”
“My life is
FIRST”
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
Traditionalists
Age 69 to 91
7
•Dedication/sacrifice
•Hard working/loyal
•Adherence to rules
•Patience/conformity
•Respect for authority
• Frugal
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
Boomers
Age 49 to 68
8
•Optimism
•Personal growth
•Health and wellness
•Personal gratification
•Social involvement
•Strong networks
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
Xers
Age 33 to 48
9
•Diversity
•Entrepreneurial
• Flexible hours
• Informal environment
•Global thinking
•Ambitious
•New technology
• Family/friends
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
Millennials
32 and under
10
•Optimistic
•Team orientation
•Environmentally
aware
•Eager to learn
•Highly confident
EXCEPT in sales
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
Are We Speaking The Same Language?
11 ©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
Generational Dictionary Decoding generational phraseology and understanding what they really mean.
Xers: What’s In It For Me? (WIIFM). Give me balance now, not when I'm sixty-five. Millennials: Work
isn't everything; flexibility to balance work & my life is.
Boomers: Help me balance everyone else and find meaning myself.
Traditionalist: Help me leave behind my legacy and mark here.
Then…
14 ©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
And Now…..
15 ©2012 All Rights Reserved by Sherri Elliott-Yeary www.generationalguru.com
16
In the New Workplace Generational Issues Matter
• Attract talent and win at competitive recruiting
• Onboard with ease
• Engage and retain talent
• Boost productivity
• Improve communication
• Foster diversity
• Maximize contributions and share knowledge
• Improve customer satisfaction
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
Generational Workplace Facts • Culture: “Employees that have a best friend at work are 7
times more likely to be engaged than those who don’t.”
(Gallup)
• Communication: “Organizations where employee feedback was elicited, valued, and acted upon had half as much turnover.” (Life Course)
• On-boarding: “One-third of employees begin job hunting on the first day of a new job.” (Recruit Magazine)
• Development: “Millennials on average change jobs every 14 months.” (Talent Magazine)
17 ©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
Silents
14%
Boomers
51%
Xer's
24%
Millennials
11%
Silents
Boomers
Xer's
Millennials
US Workforce
18
Boomers
46%
Silents
8%Millennials
23%
Xer's
23%
(Based on BLS 2000 Census & 2007 population projections)
2000 2007
Traditionalists Traditionalists
Traditionalists
Boomers
Millennials
Xer’s
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
2012 US Workforce
19
Silents
3%
Boomers
27%
Xer's
33%
Millennials
37%
2012
Traditionalists
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
What Millennials Want
20
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
21
• What can I do differently within my organization
and life to create a more collaborative
workplace?
• What did I learn today that will increase my
ability to connect and communicate with
members from the other generations?
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com
My Personal Action Plan
Action Item!
22
Sherri Elliott-Yeary, SPHR
Email: [email protected]
Websites:
Hcsimprimis.com
Generationalguru.com
realwomenhavingitall.com
Twitter: @gurugenerations
THANK YOU!
©2012 All Rights Reserved by Sherri Elliott-Yeary www.hcsimprimis.com