Tuesday, 23 June 2009

Are boomers and Gen Y's really so different?

A fascinating article in the FT describes 2 studies, one from the US and the other from the UK, which shows a remarkable convergence of values between the over 50's and the Gen Y's. The US study showed that : *More than 90 per cent of Gen Ys and 85 per cent of boomers seek new experiences at work *Flexible work is important to 89 per cent of Gen Ys and 87 per cent of boomers *Almost as many boomers as Gen Ys want to work remotely some of the time (63 per cent and 69 per cent respectively) *Only 14 per cent of boomers and Gen Y are work-centric *Over 60 per cent of Gen Ys and boomers see a parent-child dynamic in work relationships between their generations *Some 58 per cent of Gen Ys look to boomers for advice and 58 per cent of boomers like helping them "navigate" work.
This is great news for organisations who are wishing to use older workers as mentors and coaches and also for those who fear that these 2 huge population groups have little in common.

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