Meeting the Challenges of a Multi-Generational Workforce
Due to the 75 million strong Baby Boomer generation reaching retirement age, a wide range of industries in the United States are currently experiencing labor shortages. Combine this with the fact that, for a variety of reasons, many Baby Boomers are delaying their retirement and you have a recipe for significant generational diversity in the modern American workplace. It is not uncommon these days for a 20-year-old new hire to work with colleagues 50+ years their senior. Many companies are, in fact, now employing a workforce that spans four different generations.