The face of the U.S.’s workforce is undergoing a vast and rapid change as an estimated 10,000 baby boomers retire each day. With nearly 4 million people calling it quits each year, this silver tsunami is creating a personnel gap that is being felt by a broad range of industries.
Erb Institute, faculty member, Tom Lyon along with A. Wren Montgomery and Kimberly S. Wolske, have recently completed research which considers differences between Millennial’s perceptions of automotive ownership versus prior generations and whether Millennials are exhibiting significantly different driving behaviors and attitudes. Interestingly, “changing emotional connections to and meanings around driving and ownership, and utility perceptions around vehicles” may be indicative of a general lack of interest by this generation, or more simply, ‘meh’.
A 60-something instructor at a major university was working on a project with an undergraduate student. The student complimented the instructor on her proficiency with technology. The student thought he was paying a compliment to the instructor. The instructor was offended because she believed the implication was that her skills were good “for someone her age,” playing into the stereotype that all Baby Boomers struggle with technology. Little did the student know that the instructor serves on the boards of several technology companies and is a former CEO of a tech company.
Did you know that Alexander Graham Bell was only 19 years old when he invented the telephone? Or, that George Westinghouse was the exact same age when he invented the rotary steam engine? This summer across offices around the country, students between the ages of 18 and 21 are participating in internships hoping to acquire marketable skills in the workplace. But how are companies tapping into the creativity and ingenuity of our youth in a way that is purpose-driven and impactful to clients?
The inside story on the award-winning publication from its founder
by Cliff Feigenbaum, founder and managing editor, GreenMoney Journal and GreenMoney.com
Twenty-five years. Is that possible? Have I been publishing the GreenMoney Journal for 25 years? When I realized that 2017 was upon us, and that 25 years had passed, I knew it was time to take a look “back” to the future that GreenMoney has been striving to help create since 1992.
Only 33 percent of US workers report being engaged in their jobs according to a report issued earlier this year by Gallup. A whopping 51 percent of U.S. employees say they are actively looking for a new job or watching for openings.
So, what drives engagement and what can organizations do to attract and retain the best talent?
For many years now, we’ve been making conjectures about the impact millennials could have on the workforce as more of them begin their careers. The majority of millennials—those born between about 1980 and the mid-1990s—are now of working age. Their impact on the workplace isn’t just conjecture anymore: It’s here.
Sodexo’s 2017 Workplace Trends Report shows that, as expected, this generation is having a major impact on the way we work today. Our key findings about millennials in the workplace show:
by Najada Kumbuli, Officer, Strategic Initiatives at Calvert Foundation
Are you a millennial? I have bad news and good news for you. The bad news is that climate change and gender equality — two key issues you care about — will cost our generation over $30 trillion; that is the equivalent of the American, Chinese and Japanese economies combined. The good news is that, while scary, we can use our voices and investable assets to create real change, quickly!