Do you employ Generation Xers? The demographic cohort following the Baby Boomers and preceding the Millennials. Many are now moving into leadership roles as Baby Boomers retire. Where Boomers have the experience, Gen Xs also have the qualifications.
According to the Australian Bureau of Statistics, Generation Xers, who are born between 1966 and 1986, are the most highly educated demographic group to date, so it's important to keep this generation, with their valuable knowlege, skills and experience, in your business.
Generally in the middle stages of their working lives, Gen X are career-oriented but also place a strong emphasis on family time and strive for a good work-life balance.
Here are FIVE tips for keeping Gen X talent in your business:
- Provide them with flexible working hours and consider job-sharing options
- Involve them in succession planning; allowing them to design career paths
- Give them the opportunity to contribute; they want to make an impact on the business
- Provide them with opportunities to learn new skills
- Provide them with constant stimulus