Generation Y

As we look forward to emerging out of this recession and reducing unemployment, a new and highly anticipated generation of employees is moving into the workforce. There seems to be a lot of skepticism about how effective the “me” generation will be. Growing up in a culture centered on instant gratification and focused on efficiency, this new generation of the workforce will bring a new set of cards to the table.  No longer is the time dedicated to a job, a justified means to being promoted. Generation Y will now see their performance as the most justified reason for upward mobility in the company. In addition 35% of Generation Y employees wish to communicate with their boss several times a day. What is to be expected from these new employees should be clear, obtainable, and concise. Focused on efficiency, the more communication will be essential in obtaining the optimal performance from new workers.

In addition, Generation Y, or the “me” generation, seeks to obtain the security and status their parents obtained much earlier in life.  In a recent survey Generation Y respondents ranked “working with a manager I can respect and learn from” as an 8.74 on a 10 point scale. With most new employee’s eyes set on upward mobility, the ability to gain wisdom from their managers is becoming ever more crucial. Skepticism about this new workforce has led Generation Y to be referred to in a negative connotation. However, I believe that the new mold of employees can bring new effectiveness to companies through their aptitude with technology and ambition to jump through the necessary hoops to achieve success. Most of Generation Y has grown up with computers and has become extremely proficient at navigating the Internet. Their awareness with new developing technologies will bring technology options that may have gone unnoticed. Nevertheless, with the new employees coming into the workforce, I think we can all anticipate what Generation Y will bring to the table.

Resources:

Questions and Answers about GENERATION X/‌GENERATION Y. www.bc.edu/‌wfnetwork. Sloan Work & Family Research Network, n.d. Web. 18 Feb. 2010. .

Byron West – President at Hire Velocity

A seasoned recruiting entrepreneur, Byron West provides the vision and leadership at Hire Velocity.  While an EVP at TMP/Monster Worldwide, Byron guided and oversaw the Talent Acquisition team, consisting of 155 recruiting professionals, each equipped with the latest search engine technology. This business unit supported all professional and permanent placement services.