Today’s workforce is more complex than ever before as aging populations and an economic crisis have resulted in a labour market where five generations coexist. This multigenerational workforce gives rise to unique challenges for organizations in understanding and addressing disparities in values, needs, and expectations, and in creating advancement opportunities for young professionals while recognizing and including older workers.
Research conducted by the World Economic Forum, AARP and OECD found that 83% of global executives agree that multigenerational workforces are key to business growth and success, and 80% of organizations employ a multigenerational workforce. However, 53% do not include age in their diversity and inclusion policy and 58% do not provide training or support related to managing a multigenerational workforce. Furthermore, Deloitte’s 2021 Global Human Capital Trends reported that only 6% of survey respondents strongly agree that their leaders are equipped to effectively lead a multigenerational workforce.
The challenges of a multigenerational workforce, exacerbated by the changes COVID-19 forced on or brought about in the world of work as organizations transformed operational models, make it difficult for many organizations, employees, and job seekers to navigate and succeed in this new complex workforce demographic.
Join leaders as they share their personal and organizational initiatives, experiences and learnings in exploring multigenerational workforces in 2022 & beyond:
Introduced by Florence Rousseau, Director, Marketing & Communications, Magnet and moderated by Chantal Brine, CEO, EnPoint, we invite you to the next instalment of the Building Future Ready Communities: Virtual Tour series on May 10th, 1-2 PM EDT / 2-3 PM ADT for community building and an inspirational panel discussion and Q&A!
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