Research by Penna, the global HR services group, highlights how businesses may be ill-prepared for the future multigenerational workforce, as nearly half of managers (49%) said they tend to take exactly the same approach to management with all of their employees – regardless of age.
With the Future of Work: Jobs and Skills in 2030 report by UKCES highlighting that the number of economically active people aged 65 and over is projected to increase by one third over the next decade, and four generations are due to be working together in one workplace, Penna’s research calls into question whether organisations and managers are prepared for such a seismic shift in demographic.
The research found that for managers who are not currently adapting their style for different aged employees, almost half (46%) say they don’t need to as they are confident in their management skills, regardless of age differences within their team. Yet in contrast, more than one in three employees (39%) agreed it was important for managers to change their style, as they feel different employee ages will be more responsive as a result.
Despite managers not changing their style to differing age groups, they do still hold opinions as to what motivates …Read More
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