Attracting and retaining great candidates for a job can be the most rewarding and frustrating experience a manager can go through. Organisations that understand the intricacies of evolving employee needs are being richly rewarded. The highly flexible, highly adaptable and forward thinking youth, present a fantastic employment opportunity, but only if you understand them.
As generations X, Y and Z begin, respectively, moving up, moving through, and moving into the workforce, insights into the way each group works will go a long way to informing successful attraction and retention practices. Currently with a highly competitive job market employees are being as scrutinously selective in who they accept as employers.
Interestingly, Australian’s across the board are the most demanding of non-financial benefits such as flexible work hours over international counterparts. But the real story gets deeper than that:
Gen X – The tail end of the Gen Xer’s are just hitting 33 years old. They are ambitious and career minded. Many couples are waiting well into their thirties to have children. Research has shown that Gen Xer’s are the most demanding when it comes to money, titles, and flexible hours so be prepared to negotiate in the early stages. 52% of employees would jump ship and forgo more money for more flexibility. Top Tip for recruiting and keeping Gen Xer’s – flexible working conditions for busy families.
Gen Y – This generation are continuously referred to by older generations as reckless, and restless. This is a classic generalisation. These 18 – 32 year olds can be very hard working, but it is “making a difference” that counts more than money. Gen Y’s are naturals with online communications and expect that modern up to date technology are part and parcel. Cisco Connected World Technology Report found that 74% of university students would expect to be able to use their work network from a remote location. Top Tip for Gen Y – up to date technology that supports employee autonomy.
Gen Z – These under 18’s are learning about the world from an entirely different perspective. Digital natives are highly networked and used to an “on demand” lifestyle. Growing up parallel to Facebook, Skype and smart phones these young people are accustomed to any form of communication and will prefer workplace freedom to being tied to an office. Inspired by the likes of Mark Zuckerberg, casual dress, and sociability are highly desired, but cutting edge technology is vital. Gen Zer’s are attached to their own devices and BYOD will become an expected part of these individual’s careers. Top Tip for Gen Z – cutting edge technology and a good BYOD strategy.
We’re keen to hear about how you work and how you would like to work, so come and check out theCisco Work Your Way website, keep an eye out for our series of blog posts and follow the Cisco ANZ Twitter feed (@CiscoANZ, #telework) to keep up to date with our exploration of the possibilities, obstacles and opportunities that Teleworking will present.