\nThe other highlights of the study are fascinating: the least happy of the generations is the Baby Boomers. They expressed the strongest discontent with their employers and the greatest frustration that their loyalty and hard work have been neither recognized nor rewarded. \u201cAlmost one-third (32 percent) of Baby Boomers surveyed say a lack of trust in leadership is a top turnover trigger—the highest ranking by any workforce generation.\u201d<\/p>\n
Employers are most vulnerable to lose their Generation X workers. Lack of career progress is their top exit trigger (65 percent). Only 28 percent of Gen X employees surveyed expect to stay. This intention to leave is a clear signal to employers to expect a significant exodus by employees viewed as future leaders.<\/p>\n
For the Millennials, their employers’ commitment to "corporate responsibility\/volunteerism" was very important. Millennials are also nearly three times more likely to say a "fun work environment" is important than their Baby Boomers counterparts.<\/p>\n
On the other hand, \u201cemployees who plan to stay with their current employers (35 percent) say their companies have strong talent programs, characterized by clear career paths, leadership development initiatives, trust and confidence in corporate leadership, superior programs to retain top talent, and effective communication<\/strong>.\u201d<\/p>\n<\/blockquote>\nDid you catch that last topic? Communication \u2013 this is almost a free move for any company, but it requires commitment. The Gen X\u2019ers are a generally skeptical bunch as I can attest \u2013 I am one. I value all of the programs listed, yet it all starts with effective communication within the company and specifically within the manager-employee relationship.<\/p>\n","protected":false},"excerpt":{"rendered":"
From today\u2019s Herman Trend report (emphasis mine): The other highlights of the study are fascinating: the least happy of the generations is the Baby Boomers. They expressed the strongest discontent with their employers and the greatest frustration that their loyalty and hard work have been neither recognized nor rewarded. \u201cAlmost one-third (32 percent) of Baby Boomers surveyed say a lack of trust in leadership is a top turnover trigger—the highest ranking by any workforce generation.\u201d Employers are most vulnerable to lose their Generation X workers. Lack of career progress is their top exit trigger (65 percent). Only 28 percent of Gen X employees surveyed expect to stay. This intention to… Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[14,29,23,5],"tags":[1760,1692,1694,29,1766,1693,56],"class_list":["post-2485","post","type-post","status-publish","format-standard","hentry","category-communication","category-generations","category-retention","category-trends","tag-communication","tag-disc","tag-effective-communication","tag-generations","tag-retention","tag-style","tag-trend"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-E5","jetpack-related-posts":[{"id":1497,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/04\/recareering-baby-boomers\/","url_meta":{"origin":2485,"position":0},"title":"Recareering Baby Boomers","author":"Derrick Moe","date":"April 3, 2008","format":false,"excerpt":"The retiring Boomers and the lack of X'ers to replace them is a well-documented problem in the labor force.\u00a0 The Herman Trend Alert speaks to this problem, and more importantly to a solution, in their latest newsletter: Many Baby Boomers retirements are, in fact, often \"recareering\" instead. See our previous\u2026","rel":"","context":"In "Generations"","block_context":{"text":"Generations","link":"http:\/\/selectmetrix.com\/blogs\/category\/generations\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":326,"url":"http:\/\/selectmetrix.com\/blogs\/2006\/09\/older-workers-on-the-way-out\/","url_meta":{"origin":2485,"position":1},"title":"Older Workers on the Way Out?","author":"Lee Fratzke","date":"September 26, 2006","format":false,"excerpt":"According to Management Issues Ltd., an online site devoted to management and leadership, 70 percent of bosses in the UK say in a survey that they see no value in employing experienced older workers. This seems to be the complete opposite of what we are seeing here in the US.\u2026","rel":"","context":"In "Hiring"","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":227,"url":"http:\/\/selectmetrix.com\/blogs\/2006\/08\/telecommuting-trend\/","url_meta":{"origin":2485,"position":2},"title":"Telecommuting Trend","author":"Derrick Moe","date":"August 11, 2006","format":false,"excerpt":"We have discussed telecommuting on many occassions and this morning's JustSell.com email referenced this survey. Some points of data to consider: While only 23 percent of U.S. employees work from home or are given that option, most of the work force (59 percent) believes that telecommuting at least part-time is\u2026","rel":"","context":"In "Sales Management"","block_context":{"text":"Sales Management","link":"http:\/\/selectmetrix.com\/blogs\/category\/sales-management\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1106,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/08\/should-online-background-checks-be-used\/","url_meta":{"origin":2485,"position":3},"title":"Should Online Background Checks Be Used?","author":"Derrick Moe","date":"August 1, 2007","format":false,"excerpt":"Inc.com's Job Applicants Fear Impact of Online Behavior offers this (my emphasis): Job Hunting in the Digital Age, a poll of about 600 current employees conducted by Harris Interactive for Adecco USA, found that 66 percent of workers in Generation Y (ages 18 to 29) are oblivious to the online\u2026","rel":"","context":"In "Generations"","block_context":{"text":"Generations","link":"http:\/\/selectmetrix.com\/blogs\/category\/generations\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":513,"url":"http:\/\/selectmetrix.com\/blogs\/2006\/12\/socialize-with-your-younger-employees\/","url_meta":{"origin":2485,"position":4},"title":"Socialize With Your Younger Employees","author":"Derrick Moe","date":"December 19, 2006","format":false,"excerpt":"From Rasmussen Reports - Younger Workers Want More, Connection That Is. Not really a surprise here, but a reinforcement: On top of everything else, Generation Y employees also prefer more frequent social interaction with their managers. One-quarter (26 percent) would like to socialize with their boss at least monthly. This\u2026","rel":"","context":"In "Sales Management"","block_context":{"text":"Sales Management","link":"http:\/\/selectmetrix.com\/blogs\/category\/sales-management\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1701,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/08\/a-candidate-shortage\/","url_meta":{"origin":2485,"position":5},"title":"A Candidate Shortage","author":"Derrick Moe","date":"August 11, 2008","format":false,"excerpt":"CNNMoney.com reports on a specific area that is experiencing a hiring problem - lack of candidates: Despite the slump at lowlier levels of the job market, there's currently a war for senior management talent. In fact, 70% of executive recruiters surveyed by networking organization ExecuNet (www.execunet.com), say there's a shortage\u2026","rel":"","context":"In "Generations"","block_context":{"text":"Generations","link":"http:\/\/selectmetrix.com\/blogs\/category\/generations\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=2485"}],"version-history":[{"count":0,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2485\/revisions"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=2485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=2485"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=2485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}