Search Results for: generation z

Report exposes myths and uncomfortable truths about Generation Y

by • News, Technology, Workplace, Workplace design

Multi-generational workplace generation YA new report from IBM proves what we at Insight have been arguing for some time; Millennials have some differences to previous generations of employees, but ultimately they have more in common than most commentators acknowledge and their impact on a multi-generational workplace has been completely misrepresented. While the report, Myths, Exaggerations and Uncomfortable Truths, acknowledges Gen Y’s different experience of the digital world, it also demonstrates what we would suggest has been obvious all along; that unless Generation Y has arrived from another planet, it will share many of the strengths, weaknesses, drives, fears and abilities common to other demographic groupings. The study of 1,784 employees from organisations in 12 countries challenges many of the key myths about Generation Y and also lays out a number of ‘uncomfortable truths’ for employers.

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‘Squeezed generation’ of middle-aged workers take most sick days

by • News, Wellbeing, Workplace

 

Employers’ concerns regarding the ageing workforce are usually based on the belief older workers will tend to struggle more with health problems. However, new data from AXA PPP healthcare reveals it’s the middle band of workers (30-49) that take more sick days than any other age group; averaging 2.3 sick days in the past six months; with a quarter of these workers taking three or four days off sick. Twelve per cent of this middle age group have taken the equivalent of a working week off sick (5 or 6 days) in the past six months, double the number of 18-29 year olds (6%) and just 5 per cent of those 50-69. This ‘squeezed generation,’ faced with the pressures of balancing work and home, takes least positive steps to help ensure good health; has a fairly negative outlook regarding their jobs and is more stressed than other age group.

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New CBRE report claims to debunk multi-generational workplace myths

New CBRE report claims to debunk multi-generational workplace myths

by • News, Workplace, Workplace design

multi-generational workplaceAge is less of a factor than widely thought when it comes to workplace preferences in the US, according to a new report by CBRE Group. The study, Designing the office of the future? Don’t plan it around (what you think you know about) US millennials, is based on aggregated workplace strategy surveys from more than 5,500 office workers across a number of sectors. It found that, while current assumptions about the multi-generational workplace and millennials are driving the design of many offices today, there is actually little difference in preferences between millennials, Generation Xers and baby boomers. (We’ve been suggesting this for some time at Insight). The report claims that “with a projected 75 percent of the workforce being millennials by 2025, much has been made about this new workforce generation, particularly when it comes to workplace strategy. While this is causing many companies today to debate how to balance the needs of millennials with those of a more tenured workforce, the study suggests that the generational divide is more perception than reality”.

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Orgatec preview: the next generation workplace is all about settings

by • Comment, Events, Products, Workplace design

There is a well travelled international circuit for those interested in what office design tells us about the way we work that has, for a number of years, taken in London, Milan, Chicago, Stockholm and Cologne as its main stopping off points. This week sees the launch of Orgatec, the longstanding biennial workplace festival in Cologne. One of the interesting features of Orgatec is that, because it takes place every two years, it offers snapshots of key developments in the market. It throws a spotlight on whatever workplace professionals are talking about and whatever product designers are doing in response to the changing world of work. And it does it on a big scale. This year over 600 companies from 40 countries will be presenting across an exhibition area of 105,000 sq. m. This seems big, and is, but is down markedly on the size of the show from 20 years ago when Orgatec was the launch pad for seminal products such as Herman Miller’s Aeron Chair and the Ad Hoc  furniture system from Vitra.

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Generational shift means Gen Y women best suited to take a seat on the board

by • News, Workplace

female-c-suiteOrganisations that persist in appointing all-male boards were named and shamed last week by UK Business Secretary Vince Cable and Lord Davies, who published the ground-breaking Women on Boards report. Now a new piece of research by Hudson has found that Generation Y females – those in their twenties and early thirties – are the natural leaders of the future. Generation Y women top the charts when it comes to being ‘socially confident’, ‘helpful’, ‘organised’ and ‘meticulous’, compared to their Gen Y male counterparts. Far removed from ‘traditional’ leadership skills (persuasion, confidence, extraversion), they bring a completely different, and more relevant, set of skills to the business environment of today – and tomorrow. Interestingly, when compared to Boomer males, (some of whom we’d assume must be well represented on current boards) the difference in skill areas are most acute: Generation Y females ranked 16% higher on people skills, 22% higher on social confidence, 22% higher on altruism, 16% higher on optimism and 21% higher on ambition. (more…)

Generation Y make the most trusting managers, finds ILM report

by • News, Public Sector, Workplace

Generation Y are the most trusting managers finds ILM reportMaintaining high levels of trust at work helps to foster an engaged and productive atmosphere, finds a new report by the Institute of Leadership & Management (ILM), which reveals the youngest generation to be the most trusting and those working within the public sector the least trusting. The truth about trust, honesty and integrity at work found that the millennial generation of managers (born 1981 onwards), are the most likely to trust those within their organisation (54%), followed by baby boomers (born between 1946–1964), almost half of whom (45%) say they trust everyone or almost everyone. Generation X, those born between 1965–1980, had the lowest level of respondents saying they trust everyone or almost everyone (44%) at work. The research also reveals that the five fundamental skills and qualities that leaders need in order to be trusted are openness, effective communication, the ability to make decisions, integrity and competence in their role. (more…)

The CIPD is right to focus on the multi-generational workplace

by • Comment, Workplace, Workplace design

Multi-generational workplaceAmongst all the talk about Generation Y and its impact on the world of work, it can be easy to miss the fact that the modern workplace is not defined by one particular generation, but a number of them. The multi-generational workplace has significant implications for the way we design and manage offices. While we must avoid the more obvious stereotypes about the needs of different age groups, we must still offer spaces that can meet a wide range of cultural, physical and technological needs if we are to create productive workplaces.The latest organisation to bang the drum for the multi-generational workplace is the Chartered Institute of Personnel and Development. It has published new research together with the Scottish Centre for Healthy Working Lives into the experiences and attitudes of SMEs towards age diversity at work.

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£56m office development planned for Salford’s regeneration area

by • Company news, News, Property, Public Sector

Salford £56m regeneration schemeWork is to start on a £56m Grade A office and car park development in Salford’s Greengate Embankment regeneration area. The joint venture partners behind the development are Carillion, Ask Real Estate and Tristan Capital Partners, with Carillion acting as the main contractor. Work on the site, which was part of the former Manchester Exchange railway station, will start in June, with delivery of the 172,640sq ft office and car park planned for spring 2016. Salford City Council has signed an eight-year pre-lease on the whole of the first office building and Q-Park has agreed a 35 year pre-lease for the 442 space car park. The site, which was acquired from Network Rail, also has planning permission for a second phase which comprises another Grade A office building providing 150,000 sq ft of space. (more…)

Oil and gas firm moves in as regeneration of London’s Victoria area continues

by • Company news, Property

123-Vic-completed-external-440x200The regeneration of London’s Victoria area continues with the news that Land Securities has let a further 18,000 sq ft at its 123 Victoria Street SW1 development. Oil and gas exploration company Ophir Energy PLC is relocating from its Mayfair headquarters to join existing tenants such as US software company Intuit, CDC Group, CPA Global and Jimmy Choo. This latest letting means 123 Victoria Street is now 93 per cent let with just 17,000 sq ft still available. Kaela Fenn-Smith, Head of Leasing at Land Securities, said: “We are delighted to welcome Ophir Energy to 123 Victoria Street. Their decision to move from Mayfair and choose Victoria as their new home reflects the area’s ever-increasing reputation as a vibrant destination for forward-thinking companies.” (more…)

Latest generation Y survey reflects characteristically idealistic thinking of youth

by • Comment, News, Workplace

Maybe it’s the cynicism of middle age, but the most recent exploration of arguably, the most over-analysed cohort of workers in history – Generation Y – seems to reflect the archetypal idealistic thinking of youth. For example, while most Millennials (74%) believe business is having a positive impact on society by generating jobs (48%) and increasing prosperity (71%), they think it can do much more to address society’s challenges in the areas of most concern: resource scarcity (68%), climate change (65%) and income equality (64%). And quelle surprise, 50 per cent of Millennials surveyed wanted to work for a business with ethical practices. You have to wonder wouldn’t an examination of the hopes and aspirations of the last couple of generations of younger workers reveal similar ideologies, albeit without the benefit of their digital sophistication? (more…)

Generation X leads the world in embracing social media recruitment

by • News, Technology, Workplace

Generation X takes the lead in embracing social media recruitment

Nearly half (44%) of respondents to a new global survey on social media and workforce have been contacted about a job via social media over the past year. All generations of workers are taking part in this trend, with surprisingly Generation X (47%) just slightly in front of Gen Y and Baby Boomers (42%) in receiving job information via social networks. However the latest Kelly Global Workforce Index finds the UK lags behind many other European Countries, with just 40 per cent of UK respondents contacted through social media about an employment opportunity in the prior year, compared with 55 per cent in Germany and Poland, and 52 per cent in Ireland. (more…)

iPosture generation warned to sit up straight or risk a lifetime of back pain

by • Facilities management, Legal news, News, Workplace

iPosture generation warned to sit up straight or risk a lifetime of back pain

Ask anyone under twenty, “what is a VDU?” and they’ll probably think you’re referring to a “social” disease. Yet, despite the fact that tablet technology is in the ascent, the workplace procedure that is still used to help safeguard office workers from developing back, neck or other muscular skeletal problems is the workstation audit, as recommended in the HSE’s Working with VDUs guidance. Most under 25s would prefer to slump comfortably over a BYOD anyway, and as a result of these less than ergonomic habits , a massive 84 per cent of 18-24 year olds have admitted to suffering some incidence of back pain in the last 12 months, according to new research. (more…)

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