Generation Y and the Workplace Annual Report 2010 - Haworth
Generation Y and the Workplace Annual Report 2010 - Haworth
Generation Y and the Workplace Annual Report 2010 - Haworth
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A rising <strong>and</strong> powerful future workforce of <strong>the</strong> 21st century:<br />
For <strong>the</strong> first time ever, in workplaces around <strong>the</strong> world,<br />
we underst<strong>and</strong> that four generations are working toge<strong>the</strong>r.<br />
Known as <strong>Generation</strong> Y (aged 15-29), <strong>the</strong>y are <strong>the</strong> current<br />
entrants into global workforce <strong>and</strong> estimated at:<br />
1.7 billion worldwide,<br />
representing 25.5% of <strong>the</strong> world population<br />
Global WorkPlace Innovation<br />
Who are <strong>the</strong>se young upstarts?<br />
The newest <strong>and</strong> youngest members of work<br />
forces all over <strong>the</strong> world are making <strong>the</strong>ir<br />
presence felt, causing many businesses to rethink<br />
<strong>the</strong>ir working practices.<br />
Baby Boomers, <strong>the</strong> post-world war II generation<br />
associated with social change, are beginning to<br />
retire in large numbers, taking <strong>the</strong>ir knowledge<br />
<strong>and</strong> experience with <strong>the</strong>m. There are not enough<br />
of <strong>the</strong> new generation to replace this deficit, so<br />
<strong>the</strong>ir knowledge <strong>and</strong> skills are in dem<strong>and</strong>.<br />
There is ano<strong>the</strong>r major reason why <strong>the</strong> generation<br />
Y is grabbing attention. Many commentators are<br />
claiming that <strong>Generation</strong> Y, as <strong>the</strong>se young people<br />
are often called, are setting off a new wave of<br />
social <strong>and</strong> business transformation.<br />
For <strong>the</strong> purpose of this study, we decided to study<br />
<strong>the</strong> <strong>Generation</strong> Y aged between eighteen <strong>and</strong><br />
twenty-five, although some people include those<br />
born from 1980 onwards, putting <strong>the</strong> upper limit<br />
at twenty-eight. In our view, <strong>the</strong>re are at least six<br />
reasons why we need to underst<strong>and</strong> <strong>the</strong>m <strong>and</strong><br />
how <strong>the</strong>y relate to work. They are a remarkable<br />
generation, <strong>and</strong> here is why...<br />
Copyright © <strong>2010</strong>, Johnson Controls. Confidential. All Rights Reserved.<br />
Intellectual Property Johnson Controls, <strong>Haworth</strong> <strong>and</strong> iDEA.<br />
The demographic data indicate that <strong>the</strong>re<br />
are not enough of <strong>the</strong>m coming in to <strong>the</strong><br />
workforce.<br />
They are transformational – <strong>the</strong>y have grown in<br />
a different world to <strong>the</strong>ir parents – surrounded<br />
by modern technologies <strong>and</strong> a society of<br />
consumerism.<br />
They do things differently – modern<br />
educational curricula have brought a wave of<br />
transformation in <strong>the</strong>ir life.<br />
They are challenging – this is <strong>the</strong> most<br />
commonly agreed threat about this generation,<br />
but yet it has not been proved.<br />
They are techno-savvy – <strong>the</strong> 20th <strong>and</strong> 21st<br />
centuries have brought <strong>and</strong> will continue to<br />
bring <strong>the</strong> most terrifying <strong>and</strong> transformational<br />
technological solutions to our world.<br />
They are agile – multi-taskers – <strong>the</strong>ir agility<br />
to do different things at <strong>the</strong> same time is well<br />
known, but it does not mean it makes <strong>the</strong>m<br />
more efficient in <strong>the</strong> way <strong>the</strong>y work.<br />
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